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Barley

(Photo courtesy Canada Beef Inc.)
Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Prairie grain prices higher than last year

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Reading Time: 2 minutes CNS Canada — Nice weather over the holidays allowed for good movement of feed grains in Western Canada, with prices steady to above year-ago levels. “I would say we cruised through Christmas and (the) New Year holidays fairly well. Not a lot of massive panic. We had nice weather which really helped, loads continued to […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market ends year on firm tone

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Reading Time: 2 minutes Compared to last week, western Canadian feeder markets traded $3-$5 higher. Auction barns in the major feeding regions of Alberta had limited numbers on offer last week; therefore, major operations were sourcing feeders from farther distances. While most feedlots are carrying sufficient numbers, year-end buying was able set the market on a firm tone. April […] Read more
(Boortmalt.com)
Barley, Crops

European malting giant to buy Cargill Malt business

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Reading Time: 2 minutes Cargill’s Prairie Malt plant in western Saskatchewan is destined for new European ownership under a deal publicly proposed Thursday. The Boortmalt Group, the malting arm of French agricultural co-operative Axereal, has announced its “intention to enter into an agreement” to buy Cargill Malt from the U.S. agrifood firm for an undisclosed sum. Boortmalt, which bills […] Read more
(Chictype/iStock/Getty Images)
Crops, Reuters

Labatt to partner with Tilray to tap cannabis drink market

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Reading Time: 2 minutes Toronto | Reuters — Anheuser-Busch InBev, the world’s largest brewer, and Canadian pot producer Tilray Inc. are partnering in a US$100 million joint venture to research cannabis-infused non-alcoholic drinks for the Canadian market, the companies said Wednesday. The alliance, the latest in a string of deals by global alcohol and tobacco giants in Canada’s cannabis […] Read more
GrainsConnect Canada, whose terminal under construction at Maymont, Sask., is shown here, plans to open an elevator at Huxley, Alta. in 2019. (GrainsConnect.com)
Crops, Reuters

GrainCorp says offer not certain enough to make recommendation

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Reading Time: < 1 minute Reuters — Australia’s GrainCorp Ltd. on Wednesday said it was providing suitor Long-Term Asset Partners (LTAP) due diligence to put forward a more certain proposal. The country’s largest listed bulk grain handler earlier on Dec. 3 received a buyout proposal from little-known asset manager LTAP in an all-cash deal for A$2.38 billion (C$2.303 billion), or […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market bounces off recent lows

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Reading Time: 2 minutes Compared to last week, yearlings traded $5 to as much as $10 higher while calf markets strengthened by $4-$8. Southern Alberta experienced winds of extreme nature over the past few weeks, which caused buyers to shy away from the market; however, with year-end right around the corner, pent-up demand stepped forward with a vengeance in […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Prairie feed grain market inching higher

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Reading Time: 2 minutes CNS Canada — The feed grain market in Western Canada is starting to firm up as a lack of farmer selling has supplies tightening. “It seems like we’re kind of moving higher here at the moment. Markets have a firmer tone to them for now,” said Allan Pirness of Market Place Commodities in Lethbridge. “Barley […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

Klassen: Feeder market experiences softer demand

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Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle sold $4-$6 lower on average. Feedlot operators backed away from the markets due to stronger feed grain prices and weakness south of the border. Certain regions of the U.S. Midwest and southern Plains have experienced adverse weather, which caused U.S. feeder cattle prices to experience a week-over-week […] Read more

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