Reading Time: 2 minutes MarketsFarm — Over the last three to four weeks growing conditions in Brazil have pulled a complete reversal — and that poses a serious threat to the country’s corn crop, according to Dr. Michael Cordonnier of Soybean and Corn Advisor Inc. The southern half of the country is now faced with wet conditions, while the […] Read more
Brazil’s changing conditions threaten corn crop
Feed weekly outlook: Market stagnant as U.S. corn imports continue
Reading Time: 2 minutes MarketsFarm — Feed grain markets in Western Canada are holding relatively steady for the time being, as end-users are well covered with corn imports from the United States. “It seems like most buyers have managed to cover themselves well into June with corn,” said Susanne Leclerc, owner of Market Master Ltd. in Edmonton, adding that […] Read more
Feed weekly outlook: Corn prices steady, growers watch weather
Reading Time: 2 minutes MarketsFarm — Days after a work stoppage at Canadian Pacific Railway (CP) came to an abrupt end, prices for corn have been relatively stable, according to one trader. Mike Fleischhauer of Eagle Commodities Ltd. in Lethbridge said there has been little price movement for the feed grain staple recently as most feedlots are already set […] Read more
Feed weekly outlook: Prices likely to hold firm after CP stoppage
Reading Time: < 1 minute MarketsFarm — Feed prices have remained fairly steady over the last week and are likely to continue to do so in the coming week, according to Erin Harakal, senior trader for Agfinity at Stony Plain, Alta. “I don’t see anything drastically changing in the next week,” she said. Harakal added there was nervousness in the […] Read more
Feed weekly outlook: Sector bracing for logistics challenge
A CP lockout could put feeders weeks behind in supplies
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: Rising oil prices increase freight charges
Reading Time: 2 minutes MarketsFarm — Acquiring livestock feed has been increasingly expensive as Russia’s ongoing invasion of Ukraine, and a retaliatory ban on Russian oil imports by many Western nations, has caused oil prices to severely rise every day. As corn imports from the U.S. continue to make their way into Alberta feedlots, the cost to transport them […] Read more
Feed weekly outlook: Prices steady, but changes coming
Feedlots moving to full corn rations
Reading Time: < 1 minute MarketsFarm — With feed barley and wheat supplies on the verge of running out, prices remain firm, according to Mike Fleischhauer of Eagle Commodities in Lethbridge. “They’re on the positive side of stationary,” he said, noting prices could soon change following the Russian invasion of Ukraine on Thursday. “With what’s going on with Ukraine and […] Read more
With fertilizer costs high and seed scarce, U.S. farmers turn to soy
'These prices are just crazy'
Reading Time: 2 minutes Chicago | Reuters — North Dakota farmer Jennifer Meyer typically devotes at least 20 per cent of her 2,500-acre farm to corn, which provides a convenient feed for the cattle she raises with her husband. But this year she is looking to find another crop for those 500 acres near Wilton as she has been […] Read more
Feed weekly outlook: Big demand lacking for barley, wheat
Reading Time: < 1 minute MarketsFarm — Prices for feed barley have swung a little higher over the last week — but it’s not due to feedlots needing a lot of the cereal, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. Barley prices, he said, were $420-$424 per tonne delivered into Lethbridge, with offers as high as $445 […] Read more
Bayer rolling out short corn variety tolerant of weather extremes
Reading Time: 2 minutes Reuters — Global farm chemicals and seeds maker Bayer will launch a corn variety in the United States next year that it says will better tolerate heavy winds associated with climate change, estimating future sales in North America as high as one billion euros. The corn, which grows one-third shorter than current varieties, will be […] Read more
A message from April Stewart, Country Guide's Associate Editor
