Reading Time: < 1 minute (Resource News International) — Slaughter and feeder cattle values in the U.S. should see some improvement over the next two years, although strong feed grain prices and competition from other protein sources may limit the profitability. That’s according to analyst James Robb of the Colorado-based Livestock Marketing Information Center (LMIC) in his presentation Tuesday at […] Read more
GrainWorld: U.S. cattle prices to improve
Loonie seen hindering hog sector recovery
Reading Time: < 1 minute (Resource News International) –– U.S. hog prices are expected to show some improvement over the next year, but that strength won’t be felt in Canada where foreign exchange rates will continue to hamper the industry. That’s according to market analyst Steve Dziver of Phoenix Agri-Tec Inc. in a presentation Tuesday at the Canadian Wheat Board’s […] Read more
Prairies seen boosting pulse acres in 2010
Reading Time: < 1 minute (Resource News International) — Western Canadian farmers will plant more peas, lentils and chickpeas in 2010, according to an analyst with Informa Economics Canada. While new-crop lentil bids are well below the levels seen over the past year, the crop still offers some of the best returns per acre which will lead to an increase […] Read more
Barley bids seen stabilizing
Reading Time: 2 minutes (Resource News International) — Feed barley values in the key Lethbridge region of Alberta have moved lower over the past few weeks, but are now stabilizing as farmer selling backs away. Jim Beusekom, a Lethbridge-based feed grains broker with Market Place Commodities Ltd., said feed barley prices have stabilized at the bottom end of their […] Read more
Canola bids steady, best prices farther out
Reading Time: < 1 minute (Resource News International) — Canola bids in Western Canada remain lower than most producers would like to see, but are profitable just the same and should present some opportunities for pricing new-crop supplies. Market consultant Reid Fenton of the BLB Grain Group at Three Hills, Alta., said spot bids in his area of $8.75-$8.80 per […] Read more
Chickpeas holding steady, acreage hike possible
Reading Time: 2 minutes (Resource News International) — The chickpea market in Western Canada has shown little movement over the winter months, but the crop still looks like a favourable option and could see a sizeable increase in acres this spring. “As we approach the late part of winter, the market (on large-calibre chickpeas) cools off a little bit […] Read more
Oats bids slow in recovery
Reading Time: 2 minutes (Resource News International) — The oats market in Western Canada remains relatively stagnant, with little sign that prices will show any significant improvement any time soon. Oats futures in Chicago dropped sharply in early January and have been hard-pressed to see much recovery over the past month. Cash bids in Western Canada are in a […] Read more
Lentil demand backing away
Reading Time: < 1 minute (Resource News International) — Demand for lentils has backed away for the time being, causing prices in Western Canada to move lower as well. “We’ve now had about three years in a row of historically high red and green lentil prices,” said Cam Laxdal, Lakeside Global Grain’s vice-president in Winnipeg. Buyers. he said, were starting […] Read more
Edible peas bearish, export demand slow
Reading Time: < 1 minute (Resource News International) — Edible peas prices in Western Canada continue to move lower as export demand remains quiet for the time being. The poor prices may cause some growers to look at other cropping options this spring, but a merchant for a Saskatchewan-based pulse and special crop firm noted that their other options may […] Read more
Winter wheat conditions vary, generally decent
Reading Time: 2 minutes (Resource News International) — Conditions for winter wheat crops across Western Canada are variable, but relatively decent overall, according to industry sources. Farmers in the three Prairie provinces seeded 650,000 acres of winter wheat this past fall, according to Statistics Canada data. That compares with 1.21 million acres the previous year. The late harvest in […] Read more
A message from April Stewart, Country Guide's Associate Editor
