Barley Archives - Page 56 of 144

Klassen: Feeder market remains firm

Canada's feeder exports down off year-ago levels

By Jerry Klassen June 1, 2021

Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices were steady to $2 higher on average. Strength was noted in the mid-weight categories as lighter calves and yearlings (900 pounds-plus) were relatively unchanged. Major feedlots were dominant buyers, with little demand surfacing for grassers. Feeding margins are in positive territory and recent rains have enhance […] Read more

Barley south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Barley, Crops, Reuters

WTO creates panel in China-Australia barley row

By Reuters May 31, 2021

Reading Time: < 1 minute Sydney/Geneva | Reuters — The World Trade Organization (WTO) agreed on Friday to establish a dispute settlement panel to resolve a row over anti-dumping and countervailing duties imposed by China on Australian barley, a trade source attending the meeting said. Australia launched a formal appeal to the WTO last year, seeking a review of China’s […] Read more

Barley. (Photo courtesy Canada Beef Inc.)

Barley, Crops, Markets

Feed weekly outlook: Canada’s barley exports show no signs of slowing

By Phil Franz-Warkentin May 29, 2021

Reading Time: < 1 minute MarketsFarm — Tight Canadian barley supplies, due in part to surging export demand, have kept feed grain bids well supported in the Prairies over the past few months. The cupboards, however, are not quite bare, with weekly Canadian barley exports hitting their second-highest level of the crop-year-to-date. Canada exported 175,500 tonnes of barley during the […] Read more

Flush farmers have a reputation for reinvesting in their operations, which has a positive impact on the economy. (Luca Piccini Basile/iStock/Getty Images)

General, Machinery, Markets

StatsCan shows 2020 farm income up significantly

Farm cash receipts were up more than expenses

By Allan Dawson May 28, 2021

Reading Time: 4 minutes Canadian farm income, no matter how it’s measured, was up a lot in 2020, data released Wednesday by Statistics Canada show. Canadian net farm income of $18.1 billion is up $4.8 billion from 2019 — a 36.5 per cent increase. Another measure — realized net farm income (RNFI) — saw farmers take in $9.9 billion, […] Read more

Beef Cattle, Finishers, Livestock, Markets

Klassen: Feeder market heating up

Wholesale beef prices climbing

By Jerry Klassen May 25, 2021

Reading Time: 2 minutes Compared to last week, quality yearling packages were $2-$5 higher while calf values were unchanged to $2 higher. A surge in buying interest surfaced for yearlings last week as fed cattle prices continue to trade near 52-week highs. Alberta packers were buying fed cattle in the range of $162-$165 delivered and breakeven pen closeouts are […] Read more

Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)

Barley, Crops, Markets

Feed weekly outlook: Saskatchewan barley price spikes, drops

By Adam Peleshaty May 20, 2021

Reading Time: 2 minutes MarketsFarm — It was a tale of two weeks for Saskatchewan feed barley prices. The high-delivered bid for the crop on May 11 bolted from $6 per bushel to $6.75 in one day, according to Prairie Ag Hotwire data. Saskatchewan’s price spike put the bid only 80 cents behind Alberta’s. However, on May 19, while […] Read more

Finishers, Livestock, Markets

Klassen: Drier conditions will influence feeder market

By Jerry Klassen May 18, 2021

Reading Time: 2 minutes The feeder market was hard to define this week. The quality of yearlings was quite variable. Fleshier types were heavily discounted while quality packages were unchanged from seven days earlier. Calf prices were mostly unchanged; however, values were down $4-$6 in drier pockets of southern Saskatchewan and southern Manitoba. Southern Alberta barley prices were quoted […] Read more

CBOT July 2021 corn (blue high/low/close) and CBOT July 2021 wheat (red HLC). (Barchart)

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Falling futures suggest first cracks in lofty market

By Phil Franz-Warkentin May 13, 2021

Reading Time: < 1 minute MarketsFarm — A sharp drop in corn and wheat futures prices at the Chicago Board of Trade over the past week could be the sign of the first cracks in the western Canadian feed grain market. That said, tight supplies and uncertainty over new-crop grain production remain supportive. “With the move on the futures market […] Read more

Crops, Soybeans

ADM to crush soybeans in North Dakota

Ex-Cargill Malt plant to be redeveloped

By Dave Bedard May 13, 2021

Reading Time: 2 minutes A former malt processing plant in eastern North Dakota is set to be the site of the state’s first soybean crushing plant. U.S. ag processor ADM, the ‘A’ of the four ‘ABCD’ companies that dominate global grain trading, announced Monday it will spend about US$350 million to develop a dedicated soybean crush plant and refinery […] Read more

Finishers, Livestock, Markets

Klassen: Stronger fed cattle prices underpin feeder complex

Limited feed and forage hinder further upside

By Jerry Klassen May 11, 2021

Reading Time: 2 minutes Alberta packers were buying fed cattle on a dressed basis in the range of $265-$270 delivered this past week, up $3-$5 from seven days earlier. Live prices were quoted at $159-$162 delivered using a 60 per cent grading. If the feedlot operator booked their feed grains earlier in winter, live prices are $2-$3 above breakeven […] Read more

Daily Network News

New strategies needed for Canadian agriculture to stand out in global trade

Feed Grains Weekly: Cash prices for wheat, barley largely flat

The Canadian GMO mustard wars: Dijon vs canola

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