Cereals, Agriculture News & Resources

Feed weekly outlook: Lower stocks support grain prices

Corn still 'competitively' priced

By MarketsFarm June 18, 2020

Reading Time: < 1 minute MarketsFarm — Feed grain prices in Western Canada have been strong lately, as old-crop supplies reach seasonal lows. “We’re getting to the bottom of old-crop stocks,” said Allen Pirness of Market Place Commodities in Lethbridge. However, he noted, growing conditions on the Prairies have been favourable, with no indication of a “drought-induced early harvest.” Old-crop […] Read more

Barley, Crops, Markets

Feed weekly outlook: Barley prices close to ceiling

By Glen Hallick - MarketsFarm June 11, 2020

Reading Time: < 1 minute MarketsFarm — Feed barley prices, which climbed during May, have very likely risen as far as they can go, said Nelson Neumann, senior trader with Agfinity at Stony Plain, Alta. “We’re at the point where corn can be a cheaper alternative. There’s a ceiling on the market and we’re pretty much at that ceiling,” Neumann […] Read more

Crops, Markets, Oats

Demand pushes up cash prices for oats

Cash oats uncoupled from Chicago futures values

By Glen Hallick - MarketsFarm June 9, 2020

Reading Time: 2 minutes MarketsFarm — While scarcity of oats on the Prairies has pushed up cash prices, there has been a drop in futures prices on the Chicago Board of Trade (CBOT), two buyers said. “The weakness in the futures definitely has nothing to do with cash prices in the country,” said Scott Shiels of Grain Millers at […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Prices dip due to stronger loonie

By Glen Hallick - MarketsFarm June 5, 2020

Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were down by varying degrees for the week ended Thursday. Canada Western Red Spring (CWRS) wheat was steady to lower, Canada Prairie Spring Red (CPSR) was down, and Canada Western Amber Durum (CWAD) slipped a few cents. Increased strength in the Canadian dollar weighed on values, while support […] Read more

Cereals, Crops

Alberta deregulates fusarium

Crop disease comes off province's 'zero tolerance' list

By Dave Bedard June 5, 2020

Reading Time: 2 minutes Alberta is moving to keep fusarium in check by means other than the “zero tolerance” policy it has in effect on agricultural pests such as rats, rabies and clubroot. Agriculture Minister Devin Dreeshen announced a ministerial order Wednesday to remove Fusarium graminearum from the list of pests covered by the Pest and Nuisance Control Regulation, […] Read more

Growing conditions weren’t ideal at Indian Head in 2018 and 2019, but economic results were similar for both years.

Cereals, Crops

Hang on to your chequebook for cropping decisions

Highest returns come from soil testing to determine fertility rates plus choosing crop-protection products based on past pest problems and frequent scouting

By Treena Hein June 3, 2020

Reading Time: 4 minutes After two years of a three-year trial, results indicate that the highest wheat yields and protein come from applying the highest level of inputs. But if you’re interested in the highest profits, you might want to hang on to your chequebook. The trial is led by Chris Holzapfel, research manager at the Indian Head Agricultural […] Read more

Barley, Crops, Markets

With beer taps off, malt barley demand down

No significant drop in barley acres expected

By Phil Franz-Warkentin - MarketsFarm June 2, 2020

Reading Time: 2 minutes MarketsFarm — Declining beer consumption due to the COVID-19 pandemic will also lead to reduced demand for the malt barley to brew it — but acreage to the crop is unlikely to see much adjustment on the Prairies. “I don’t think there’s any question — without sporting events, and festivals, and concerts – that beer […] Read more

Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Cheaper corn to temper rising barley bids

Lack of farmer selling a factor in bids

By Phil Franz-Warkentin - MarketsFarm May 28, 2020

Reading Time: < 1 minute MarketsFarm — Rising feed barley prices in Western Canada may be nearing their upper limit, as end users look to add more cheaper corn to their rations. “The higher that barley and wheat get, the more attractive corn gets,” said Mike Fleischhauer of Eagle Commodities in Lethbridge. “If barley and wheat go any higher, we’ll […] Read more

Canola, Crops, Markets, Spring Wheat

AAFC tightens canola stocks projections

By Phil Franz-Warkentin - MarketsFarm May 24, 2020

Reading Time: < 1 minute Corrected, May 25 — MarketsFarm — Canadian canola ending stocks for both the current marketing year and the upcoming 2020-21 season will be tighter than earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada released Friday. The latest data take into account acreage estimates released by Statistics Canada earlier in the month. […] Read more

Barley, Crops, Markets, Reuters

China-Australia row to reshuffle trade in bulging barley market

Gains for Canada, other exporters won't be 'magical'

By Reuters May 23, 2020

Reading Time: 2 minutes Paris | Reuters — A prohibitive Chinese import tariff on Australian barley will benefit other suppliers without changing the bleak global outlook caused by large stocks and depressed beer demand, analysts and traders said. Beijing said on Monday it would apply an 80.5 per cent tariff on Australian barley imports for the next five years, […] Read more

U.S. grains: Soybeans firm as U.S. biodiesel data lifts soyoil; corn flat

Strong crops in southern Alberta, weaker ratings in north

Feds put up $58.6 M for temporary foreign worker supports

GFM Network News