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(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Feed barley, wheat prices coming down

Feedlots' use of U.S. corn adds pressure

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Reading Time: 2 minutes MarketsFarm — Despite a hot and dry summer across much of the Prairies, prices for feed barley and feed wheat have fallen off over the past month. The high-delivered bid for Alberta feed barley was $8.06 per bushel, $1.42 less than one month ago, according to Prairie Ag Hotwire. Those in Saskatchewan and Manitoba were […] Read more
(File photo by Dave Bedard)
Crops, Markets, Reuters

Canada to harvest less wheat than expected due to drought

Canola, barley, oats output also projected lower

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Reading Time: 2 minutes Winnipeg | Reuters — Canadian farmers will harvest less wheat than expected after dry conditions in parts of the Prairie provinces shrunk yields, a government report showed on Tuesday. Drought is expected to send global wheat stockpiles for major exporters to the lowest levels in more than a decade, a Reuters analysis has shown. Canada […] Read more
Corn performed well at the Resilient Rotations test site in Carman, Man., in 2020. The crop’s excellent performance was a key driver of net returns in the Red River Valley region in Manitoba.
Crops, Features

Crop rotations and the bottom line

Prairie researchers examine how different crop rotations affect net economic returns

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Reading Time: 7 minutes Glacier FarmMedia – When it comes to on-farm decision making, the bottom line for most farmers is often, well, the bottom line. A 2019 survey of Manitoba farmers bore that out. The survey, conducted on behalf of the Manitoba Pulse and Soybean Growers, asked farmers which factors were important to them when planning their crop […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Calf numbers down in Western Canada

StatCan figures a surprise to the trade

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Reading Time: 2 minutes Compared to last week, western Canadian yearling markets were relatively unchanged. Yearlings straight off grass were very well bid and prices held value. Yearlings over 800 lbs. on light grain ration were quoted $15-$20 discount to those cattle coming straight off pasture. We’re seeing heavier calves around 800 lbs. trade at $330-$340. Increased calf numbers […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Barley, wheat prices now steady

U.S. corn imports keep lid on barley values

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Reading Time: < 1 minute MarketsFarm — Prices for feed barley and wheat didn’t change much for the most part during the week ended Thursday, according to Erin Harakal of Agfinity at Stony Plain, Alta. “This week it has been pretty steady compared to the end of last week,” Harakal said, noting barley prices dropped about $20 per tonne. “Just […] Read more
File photo of a vineyard in South Australia. (Alicat/iStock/Getty Images)
Crops, Grapes, Markets, Reuters

Australian wine industry faces hangover from China’s tariffs

Over two billion litres of wine in storage

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Reading Time: 2 minutes Sydney | Reuters — Australia’s wine industry faces severe oversupply problems that will need years to resolve, experts say, pointing to Chinese tariffs, high production and export bottlenecks during the COVID-19 pandemic. Vineyards nationwide have enough wine in domestic storage to fill 859 Olympic swimming pools, Rabobank said this week in its third-quarter wine report. […] Read more
Canada Malting’s processing plant in Montreal. (CanadaMalting.com)
Barley, Crops

Bureau won’t challenge takeover of Canada Malting parent

U.K. also has 'no further questions'

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Reading Time: 2 minutes The owner of one of Canada’s major commercial maltsters says its takeover by a major French peer won’t be challenged by Canada’s antitrust regulator. United Malt Group, whose Canadian assets operate under the Canada Malting banner, last month locked in on a previously announced deal to sell itself to France’s Malteries Soufflet for A$1.5 billion […] Read more
File photo of a Wyoming corn crop. (RiverNorthPhotography/iStock/Getty Images)
Barley, Crops, Markets

Feed weekly outlook: Market steady in face of harvest, U.S. corn imports

Imports weigh on domestic barley values

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Reading Time: < 1 minute MarketsFarm — The feed grain market in Western Canada is holding reasonably steady as harvest operations progress and corn imports continue to come up from the United States. Anecdotal harvest reports were varied so far, with surprisingly positive results from some growers and others who missed out on showers ending up with lower yields, according […] Read more
File photo of a sunrise over an Alberta barley crop. (MNphotography/iStock/Getty Images)
Barley, Corn, Crops, Markets, Weather

Feed weekly outlook: Crop conditions, barley demand lower

Prices expected steady to lower for now

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Reading Time: < 1 minute MarketsFarm — As combining operations begin, dryness continues to plague crops in many parts of Saskatchewan. But while crop conditions aren’t as bad as they were during the drought of 2021, according to trader Evan Peterson from JGL Commodities in Saskatoon, crops are still very parched. “Southern and western parts are very, very poor. But […] Read more
(Geralyn Wichers photo)
Finishers, Livestock, Markets

Klassen: Upward momentum in feeder market eases

Feedlots seen in 'risk assessment mode'

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Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets were relatively unchanged. Higher-quality groups of yearling heifers appeared to trade steady to $2 higher on average while steer markets traded $3-$4 higher to $2 lower. Calf prices are unchanged from seven days earlier. The rally in deferred live cattle futures has stalled for the time […] Read more

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