Reading Time: < 1 minute MarketsFarm — Feed grain buyers in Alberta’s feedlot alley are well covered with contracted supplies, but the logistics of getting that grain where it needs to be are facing some uncertainty with looming labour action at Canadian Pacific Railway. Buyers in feedlot alley are about 80 per cent covered right now, said Jim Beusekom of […] Read more
Feed weekly outlook: Sector bracing for logistics challenge
A CP lockout could put feeders weeks behind in supplies
Rye in strong position going into 2022
Reading Time: 3 minutes MarketsFarm — Last summer’s drought sharply reduced yields of many crops across the Prairies, leaving multiple supply challenges and rising prices in the aftermath. Western Canadian rye, however, was largely left unscathed, which may bode well for the crop heading into 2022. Rye production came in at 473,000 tonnes for 2021-22, according to Statistics Canada […] Read more
Feed weekly outlook: Fuel, other factors to affect grain prices
Reading Time: 2 minutes MarketsFarm — As fuel prices continue to rise due to Russia’s invasion of Ukraine, surcharges for grain shipments are also increasing — leaving many to wonder about feed grain costs moving forward. “I think we will be seeing an effect coming up,” said Brandon Motz, owner and sales manager of CorNine Commodities at Lacombe, Alta. […] Read more
Italian ministry tells firms to source durum from Canada
Reading Time: < 1 minute Rome | Reuters — In the wake of Russia’s invasion of Ukraine, Italian firms can source durum wheat from Canada, the Italian industry ministry said in a statement following meetings on Wednesday with various firms and associations. The statement added that alternative suppliers for clay, iron and sunflower seeds had not yet been found. Ukraine […] Read more
Klassen: Surge in feed grain prices shocks feeder cattle market
Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $3-$5 lower on average. Feeder cattle weighing 650 to 800 lbs. were relatively unchanged to $3 lower. Calves under 650 lbs. were steady to $4-$6 lower in Alberta, unchanged in Saskatchewan and $3-$5 higher in Manitoba. Fleshier yearlings and calves were heavily discounted last week with […] Read more
Iraq to create strategic wheat reserve
Reading Time: < 1 minute Reuters — Iraq will allocate US$100 million to urgently purchase wheat and create a strategic reserve by importing three million tons of the grain, the commerce minister said in a statement on Monday. “The ministry has a plan to achieve food security for citizens and to address the global rise in food prices due to […] Read more
Low demand for barley keeps prices stable
Wheat's volatility not reflecting onto barley values
Reading Time: < 1 minute MarketsFarm — Unlike the dramatic leaps wheat prices have made since the Russian invasion of Ukraine 12 days ago, malt barley prices have moved very little, according to Kris Moric of Johnston’s Grains in Calgary. Wheat “is not pulling barley prices with it, as far as we can see on our end,” Moric said, noting […] Read more
Can buckwheat make a long, slow comeback?
Manitoba acres are still down, but buyers hope to contract western Canadian growers
Reading Time: 3 minutes It’s not as easy as it used to be to find buckwheat honey in Manitoba. The province was once the buckwheat capital of Canada, with as many as 135,000 acres in 1979, but the area in recent years has been steady around only 5,000 acres. Although there’s demand for buckwheat grown in Western Canada, industry […] Read more
Prairie cash wheat: Russia-Ukraine conflict fuels price rallies
U.S. wheat futures way up on week
Reading Time: 2 minutes MarketsFarm — Russia’s ongoing invasion of Ukraine has not only sparked a conflict between two of the world’s major wheat exporters, but also limit-up price rallies for wheat futures during the week ended Thursday. As sanctions grow against Russia, as well as uncertainty over access to Ukrainian ports on the Black Sea, fears of a […] Read more
AGT building oat milling plant in Saskatchewan
Reading Time: 2 minutes Regina pulse processor AGT Foods plans to bulk up its portfolio in the plant-based ingredients business with a new oat milling operation in central Saskatchewan. The company on Thursday announced it would start construction “immediately” on the new operation, to be housed in an expansion of its existing processing plant just east of Aberdeen, about […] Read more
A message from April Stewart, Country Guide's Associate Editor
