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Barley

(Dave Bedard photo)
Crops, Markets

StatsCan’s canola estimates taken with grain of salt

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Reading Time: 2 minutes CNS Canada — Statistics Canada’s latest crop production estimates are in and while they may raise a few eyebrows, the numbers aren’t likely to cause havoc in the markets, according to most trade analysts. StatsCan on Tuesday pegged canola production in 2016-17 at 17 million tonnes. That compares to pre-report ideas of 15.9 to 20 […] Read more
(Dave Bedard photo)
Crops, Markets

Industry bracing for potentially large StatsCan crop estimates

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Reading Time: 2 minutes CNS Canada — Canadian farmers are sitting on large crops ahead of this year’s harvest, although just how large remains to be seen as industry participants await Statistics Canada’s first survey results of the crop year, set for release on Tuesday. Pre-report trade estimates on canola production range anywhere from 16 million to 20 million […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market brewing but caution prevails

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Reading Time: 2 minutes Western Canadian feeder cattle prices were steady to $4 higher relative to week-ago levels. Yearling volumes are starting to increase in central and northern Alberta while the southern and eastern regions experienced limited activity. Buyers’ opaque attitudes resulted in a firmer tone and no one could feel guilty for a minor intemperance. However, the circumspect […] Read more
(Canada Beef Inc. photo)
Barley, Crops, Markets

Feed barley down, harvest pressure still to come

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Reading Time: 2 minutes CNS Canada — Feed barley prices in Western Canada are trending lower, and likely have more room to the downside as new-crop barley hasn’t even started to enter the market. “Every time we think we’ve found a bottom, it seems to drop again,” said Jared Seitz of Agfinity, an Alberta-based online brokerage. He added “we […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Feeder cattle market seeking stability

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Reading Time: 2 minutes Western Canadian feeder cattle prices continued on a downward trajectory trading $3-$5 below week-ago levels. Erratic buying interest resulted in inconsistent price action across the Prairies which made the market difficult to define. Smaller groups of various quality cattle were on offer, justifying the softer tone, but feedlot operators demonstrated unwavering fortitude even on genetically […] Read more
Photo: Thinkstock
Cereals

New crop year reminders for western producers and industry

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Reading Time: < 1 minute The Canadian Grain Commission is reminding the grain industry and producers about grain grading changes that come into effect on August 1, 2016 in Western Canada. Primary and export grade determinant tables for the new Canada Northern Hard Red and Canada Western Special Purpose wheat classes take effect. Canada Western Feed, Canada Western General Purpose […] Read more
Steel grain bins
Cereals, Marketing

A marketing strategy for stored grain

Is it worthwhile to store your grain on the farm while you wait for commodity prices to rise?

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Reading Time: 5 minutes Storing grain on the farm can be a good marketing strategy because, if managed carefully, it can increase a producer’s profits, but it’s important to have a handle on your storage and opportunity costs to assess if it’s actually going to put money in the bank. The capital costs of storage vary depending on whether […] Read more

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