Reading Time: < 1 minute MarketsFarm — Bids for feed grains have backed off previous highs as feedlots in Western Canada are covered into the New Year. “Now they’re bidding January and forward,” said Allen Pirness of Market Place Commodities in Lethbridge. Bids for feed barley and feed wheat delivered from January to March were around $220 per tonne, according […] Read more
Feed weekly outlook: Grains pressured by lower demand
Prairie cash wheat: CWRS prices up, durum largely down
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mostly steady to higher for the week ended Thursday. There were gains for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat. However, Canada Western Amber Durum (CWAD) wheat was steady to lower. The Canadian dollar gained six-10ths of a cent during the week. […] Read more
Meet me in the boardroom
How can this handful of Prairie farmers win, and keep winning, the contract to supply the malt for world-renowned Lagunitas?
Reading Time: 11 minutes Drive by any of your wheat or canola fields; what you’re seeing is probably going to end up in a loaf of bread or a bottle of oil. But which loaf or bottle? Where? That’s an entirely different question. When Sterling Hilton looks out at his malting barley fields near Strathmore, Alta., he can tell […] Read more
Feed weekly outlook: Purchases delayed as prices steady, supplies ample
Reading Time: < 1 minute MarketsFarm — With good supplies available, don’t expect to see much movement in prices for feed wheat and barley over the next several months, according to Nelson Neumann. Neumann, senior trader for Agfinity at Stony Plain, Alta., said barley currently was around $223 per tonne Lethbridge delivered and wheat was a little back at $220 […] Read more
Marketing strategies for your 2019 crop
A different approach is needed for this year’s lower-quality harvest
Reading Time: 3 minutes After several years of high-quality crops across most of the Prairies, this fall’s poor harvesting conditions mean many farmers have the unenviable task of trying to unload low-grade cereals. “This year we’re going to be seeing the bulk of the (wheat) crop in the lower grades, No. 3s or feed,” says MarketsFarm analyst Bruce Burnett. […] Read more
Prairie cash wheat: Improved basis underpins bids
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mostly higher during the week ended Thursday, as basis levels improved in most locations. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed during the week, with a steady to softer tone in Manitoba while Saskatchewan and Alberta saw gains of $1-$3 […] Read more
Feed weekly outlook: Firm Prairie market leveling off
Reading Time: < 1 minute MarketsFarm — Logistics issues moving grain where it needs to be in Western Canada continue to prop up feed prices, but the market is starting to level off, according to a broker. “We are seeing a bit of a shortage of trucks,” said Tracy Green of Market Master Ltd. in Edmonton, adding “things are still […] Read more
KFC tests plant-based ‘fried chicken’ in Ontario
Reading Time: 2 minutes Fast-food chicken chain KFC is collecting feedback from a one-day, one-store test of a new Canadian-made plant-based “fried chicken” product for the Canadian market. The Canadian arm of the Yum Brands-owned chain set up a “limited” test run for what it calls KFC Plant-Based Fried Chicken at its 6055 Creditview Rd. store in Mississauga, Ont. […] Read more
Prairie cash wheat: Soft Minneapolis futures weigh on bids
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were lower during the week ended Thursday, pressured by losses in U.S. futures. Hard red spring prices saw the largest drop, as Minneapolis futures trended lower despite adverse weather conditions across the U.S. Plains that helped underpin Chicago and Kansas City winter wheats. Average Canada Western Red Spring […] Read more
Feed weekly outlook: Tight logistics underpin barley in Feedlot Alley
Reading Time: 2 minutes MarketsFarm — The adverse 2019 harvest across Western Canada may have left more grain grading as feed than normal, but issues in getting that barley and wheat to livestock continue to prop up prices for the time being. “We’ve seen a rally in the feed barley market the last four weeks,” said Brandon Motz, of […] Read more
A message from April Stewart, Country Guide's Associate Editor
