Reading Time: < 1 minute MarketsFarm — Feed barley bids in Western Canada remain historically strong, despite easing off their highs over the past month and trending lower. With bids of around $410 per tonne into the Lethbridge feedlot alley, feed barley “is still a sell,” according to Mike Jubinville of MarketsFarm, speaking on a webinar. However, he noted there […] Read more
Feed weekly outlook: Barley prices still historically high, but face headwinds
Bulk corn delivery remains more convenient
France’s InVivo makes bid for United Malt
Bid would include Canada Malting business
Reading Time: 2 minutes Reuters — United Malt Group has received an indicative, non-binding offer from Malteries Soufflet, a branch of French agribusiness InVivo, the Australian commercial maltster said on Tuesday, valuing it at A$1.5 billion (C$1.36 billion). The A$5 per share offer represents a 45.3 per cent premium to United Malt’s last close of A$3.44. Trading in shares […] Read more
Feed weekly outlook: Domestic grain prices slipping
Prairie wheat, barley on par with U.S. corn
Reading Time: 2 minutes MarketsFarm – Feed wheat and barley prices in Western Canada have slowly trended lower over the past few months, with prices for both grains now on par with imported corn from the U.S. into Alberta’s key Lethbridge feedlot alley. All three grains are trading at around $410 per tonne into Lethbridge, according to Jim Beusekom, […] Read more
Little change in barley acres expected
Malt barley prices mainly steady
Reading Time: < 1 minute MarketsFarm — As spring planting approaches, Peter Watt of the Canadian Malting Barley Technical Centre (CMBTC) said there likely won’t be a big shift in barley acres that will be planted in 2023. “Producers have made their [planting] decisions for the most part. You might see people adjust their plans a little bit based on […] Read more
Feed weekly outlook: Grains wait for demand to pick up
Trucking availability still seen as an issue, but less of one
Reading Time: < 1 minute MarketsFarm — As feed barley continued to sit in a lull, there have been some increases in feed wheat, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. “There’s a little of downward pressure on barley,” Motz said, noting demand for it is expected to soon pick up. Feed wheat prices have increased recently, […] Read more
Feed weekly outlook: Corn the choice crop in feedlots
'Bigger feedlots are looking for volume'
Reading Time: < 1 minute MarketsFarm — Copious amounts of corn are still being delivered to feedlots in southern Alberta despite slowly declining prices for other feed grains. “Corn is coming down over the last little bit,” Mike Fleischhauer of Eagle Commodities Ltd. in Lethbridge said. “You think that there would be a little bit more barley hitting the market. […] Read more
Feed weekly outlook: Barley exports slowing down, local prices steady
Feedlots relatively well covered
Reading Time: < 1 minute MarketsFarm — Canadian barley exports slowed down in January, but out-of-country movement is still running ahead of the year-ago pace, according to updated export data from the Canadian Grain Commission. Canada exported 131,100 tonnes of barley from licensed facilities in January, with China the top customer taking 100,500 tonnes. Total barley exports were well off […] Read more
Feed weekly outlook: Grain stocks set tone for barley, wheat
Barley expected to go bullish in April, May
Reading Time: 2 minutes MarketsFarm — Statistics Canada’s (StatCan) grain stocks report issued earlier this week largely met trade expectations, according to Winnipeg-based independent trader Jerry Klassen. The survey-based report, which estimated the country’s grain stocks as of Dec. 31, was neutral for spring wheat, supportive of durum, and pointed toward barley being somewhat bullish come spring, he said. […] Read more
Craft maltster and farmer thrives by sheer determination
How did Matt Enns turn a value-add idea into a thriving venture despite all the other priorities that take up every farmer’s time? More important, could you do it too?
Reading Time: 11 minutes “There’s a lot of different things you could do,” Matt Enns says. Every farmer knows that kind of feeling. There aren’t enough hours. There are way more ideas than time to work on them. “I wish I had eight lives to live to do all the things I want to do,” Enns says. Again, it’s […] Read more
Feed weekly outlook: Little price movement for feed grains
Reading Time: 2 minutes MarketsFarm — With the holiday season come and gone, feed grain buyers were getting back into the swing of things at the start of 2023, according to one trader. “I think January will probably fill up pretty quickly as we’re in the first week of January and we’ve been booked into January for a bit,” […] Read more
A message from April Stewart, Country Guide's Associate Editor
