Reading Time: 3 minutes MarketsFarm — When comparing oat prices at the start of 2023 compared to one year ago, they appear to be night and day. Despite modest price increases over the past month, some western Canadian oat bids are less than half of what they were last year. In Alberta, the high-delivered bid for oats as of […] Read more
Oats face an uncertain year
Reduced acres expected in 2023
Feed weekly outlook: Corn imports still weigh on domestic feed market
Reading Time: < 1 minute MarketsFarm — Ample corn imports from the U.S. continue to keep the western Canadian feed grain market under pressure, with barley bids in Lethbridge trending lower through the early days of 2023. “We started the year with cash barley trading at roughly $450 (per tonne) in Lethbridge, it’s since declined to roughly $435,” said Jim […] Read more
Prairie cash wheat: Bids lower as futures take a hit
CWRS values mixed; CPSR and durum down
Reading Time: 2 minutes MarketsFarm — Coming out of the holiday season, most western Canadian wheat bids were slightly lower for the week ended Thursday, as wheat futures in the U.S. continued to be bearish. U.S. wheat exports continue to fall behind last year’s pace, as cheaper Russian wheat floods the market due to a potential record crop and […] 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
Prairie cash wheat: Bids lower despite supportive factors
March CBOT, K.C. wheats up on week
Reading Time: 2 minutes MarketsFarm — Despite concerns related to cold weather in the U.S., war in Ukraine and rising numbers of COVID-19 infections in China, most western Canadian wheat bids were lower for the week ended Thursday. Profit-taking in wheat futures was evident on the Chicago Board of Trade (CBOT), as March contracts for both Kansas City hard […] Read more
Prairie cash wheat: Bids mostly higher
U.S. wheat futures up on week
Reading Time: 2 minutes MarketsFarm — Spring wheat bids in Western Canada saw some mixed activity during the week ended Thursday (Dec. 22), with small losses reported for red spring wheat in Manitoba, while prices were up in Alberta and Saskatchewan. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by 30-40 cents in […] Read more
Feed weekly outlook: Alberta barley bids steady heading into holidays
Reading Time: < 1 minute MarketsFarm — The Lethbridge feed grain market is holding relatively steady heading into the holiday season, with ample imports of corn from the U.S. keeping a lid on prices. Reports out of Alberta’s feedlot alley peg the upper edge of delivered barley bids in the $430-$435 area, with feed wheat seeing similar prices. Feedlots are […] Read more
CBOT weekly outlook: U.S. winter wheat to feel the cold
Crop off to 'a really bad start'
Reading Time: 2 minutes MarketsFarm — With frigid weather coming out of the Arctic, across the Canadian Prairies and into the U.S., there has been an upswing in wheat prices at the Chicago Board of Trade (CBOT). Prior to Christmas Day, temperatures are expected to fall as cold as -40 C in the northern Plains to below freezing in […] Read more
Carlsberg to buy Ontario’s Waterloo Brewing
Danish brewing giant paying $144 million to scale up Canadian business
Reading Time: 2 minutes One of the world’s biggest beer companies is moving to expand its brewing capacity on Canadian soil with a $144 million deal for Kitchener-based Waterloo Brewing. Carlsberg Group on Wednesday announced an all-cash deal worth $4 per share for all shares of Waterloo Brewing, which bills itself as the largest Canadian-owned brewery in Ontario and […] Read more
Prairie cash wheat: Prices a mixed bag across West
U.S. wheat futures down on week
Reading Time: 2 minutes MarketsFarm — Wheat prices on the Canadian Prairies for the week ended Thursday were mixed as CWRS wheat was either side of unchanged and CPSR was down slightly. Meanwhile, durum made modest gains. Declines in the U.S. wheat complex put pressure on western Canadian cash prices, but those declines were countered by a weaker Canadian […] Read more
A message from April Stewart, Country Guide's Associate Editor
