Reading Time: 2 minutes Feeder cattle markets came alive last week as fed cattle prices took a fortuitous bounce. Alberta packers were buying fed cattle in the range of $276-$279 on a dressed basis, up approximately $4 from week-ago levels. Improving beef demand enhanced wholesale beef prices, which quickly spilt over into the cattle complex. Compared to last week, […] Read more
Klassen: Stronger fed cattle prices jolt feeder market
Feed weekly outlook: Alberta prices see wide range
Reading Time: 2 minutes CNS Canada — A tale of two markets is emerging in Alberta as feed users in the south take advantage of cheap corn trucked in from Manitoba, while users farther north pay higher prices. “As far as Red Deer north goes, it’s quite different than feedlot alley,” said Joseph Billett, general manager of Agfinity in […] Read more
Prairie feed barley softens as packers bid up cattle
Reading Time: < 1 minute CNS Canada — Feed barley prices in the Lethbridge area are showing signs of softening as the February lull approaches and warmer weather moves into the province. According to Allan Pirness of Market Place Commodities, both feed barley and feed wheat prices are around the $220 per tonne mark, down a touch from the pre-Christmas […] Read more
Feed barley in sync with Manitoba corn
Reading Time: 2 minutes CNS Canada — This year’s bumper harvest of Manitoba corn is making an impact at Alberta feedlots. According to Market Place Commodities at Lethbridge, feed barley prices are near the $215 per tonne mark, down $5 from a few weeks ago. “Corn is filling some of the volume demand, so it is keeping the price […] Read more
Klassen: Tight margins weigh on feeder cattle
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices traded $5 higher to $5 lower; however, yearlings were a solid $2 to $4 lower. Negative feeding margins over the past month, along with weakness in the deferred live cattle futures, set a negative tone in the heavier weight classes. The calf market appears to be […] Read more
Firm feed barley market capped by U.S. corn
Reading Time: < 1 minute CNS Canada — Feed barley bids in Alberta have shown some strength post-harvest and look to remain firm heading through the winter. However, the threat of U.S. corn imports will likely cap the upside. “Barley’s been on the rise here,” said Jared Seitz of Agfinity at Spruce Grove, Alta. Some U.S. corn was crossing the […] Read more
Feed barley marches ‘lockstep’ with U.S. corn
Reading Time: < 1 minute CNS Canada — Western Canada’s feed barley market continues to trade above the key $200 per tonne mark, taking strength from consistent demand and a lower-sized crop in 2017. “The market has changed (gotten stronger) from last year when high-vomitoxin wheat was trading at a discount,” said Jim Beusekom of Market Place Commodities in Lethbridge. […] Read more
Canadian barley, wheat futures fade away
Reading Time: 3 minutes CNS Canada — “If you build it, they won’t always come” turned out to be the case with ICE Futures Canada’s grain contracts, as they were finally delisted Thursday after years of little to no activity. Milling wheat and durum futures were introduced by ICE Futures Canada in 2012 in response to the end of […] Read more
Alberta malt barley quality looking good
Reading Time: < 1 minute CNS Canada — Despite a wet spring and problems with dryness in the summer, barley in central Alberta is looking fairly good, according to a grower in the Red Deer area. “We had a really good malt crop this year, the quality is excellent,” said Matt Hamill of Red Shed Malting at Red Deer. “It […] Read more
Feed barley market firms with weak production numbers
Reading Time: 2 minutes CNS Canada — A 16.8 per cent drop in the size of Canada’s barley crop has given feed barley prices some support, according to an industry-watcher in Alberta. “The market is looking fairly strong,” said Allan Pirness of Market Place Commodities in Lethbridge. “It’s made things a little firmer for new-crop feed grain.” Wet weather […] Read more
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