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Barley

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Crops, Markets

Wet weather affecting acreage numbers: analysts

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Reading Time: 3 minutes MarketsFarm – With some parts of Western Canada experiencing delayed seeding due to wet weather, many analysts believe the conditions have caused a ripple effect on acreage totals for the 2022-23 marketing year. Statistics Canada (StatCan) will release its second survey-based acreage report for the 2022-23 marketing year on July 5. Traders and analysts are […] Read more
“There is still a pile of corn going into southern Alberta,” says one trader at Eagle Commodities Ltd. Photo: MaksymTopchyi/iStock/Getty Images
Cereals, Markets

Feed weekly outlook: Decline in feed grain prices anticipated

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Reading Time: 2 minutes MarketsFarm – Much-needed rains falling onto most parts of Alberta have created ideal growing conditions for feed grains in the province, which has already created a slight decline in prices. “Southern Alberta has been very, very dry, but we’ve had anywhere from four to six inches of rain over the last three weeks,” said Mike […] Read more
In central Alberta, calf numbers were limited with only small groups or single stragglers available. Photo: File
Finishers, Livestock, Markets

Klassen: Feeder cattle trend higher, favourable beef outlook

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Reading Time: 2 minutes Compared to last week, Western Canadian yearlings traded $8 to as much as $12 higher; mid-weight feeders in the range of 700-800 pounds were also $8-10 higher. Calves under 700 pounds were unchanged to $6 higher.  The feeder market took a fortuitous bounce last week. Major feedlots were extremely aggressive on yearlings while supplies were […] Read more
Photo: File
Crops

Alberta crops improve with rain 

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Reading Time: < 1 minute MarketsFarm – Drought conditions that devastated crops in Alberta last year and were poised to do the same this year are becoming something in the past, according to the province’s latest crop report. Recent rainfall has been wiping out any notion of drought in 2022 as soil moisture conditions continued to improve across the province. […] Read more
Photo: Thinkstock.
Markets, Reuters

Ukraine grain exports 48 per cent down so far in June

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Reading Time: < 1 minute Reuters – Ukrainian grain exports in the first 22 days of June fell by 48 per cent from a year earlier to 907,000 tonnes, agriculture ministry data showed on Wednesday. The volumes included 803,000 tonnes of corn, 78,000 tonnes of wheat and 21,000 tonnes of barley, the data showed. Ukraine exported up to 6 million […] Read more
Photo: File
Crops, Weather

Manitoba Crop Report: Plantings advance, crops threatened by weeds, insects

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Reading Time: 2 minutes MarketsFarm – Seeding continues to advance in Manitoba, but recent rains have also hindered progress and emergent crops are being threatened by weeds and insects. Plantings in the province are 91 per cent complete as of June 21, four points higher than the previous week according to Manitoba’s weekly crop report. Typically, the third week […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Barley price forecasts enhance feeder cattle demand

Recent rains nearly guarantee at least average yields

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Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were relatively unchanged. Heifer and steer calves were quoted steady to $3 lower on average but the market was harder to define due to limited numbers. Small packages of calves of various quality resulted in the wide-ranging price structure. Buying interest for grassers appears to have subsided. […] Read more

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