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Tag Archives Barley

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

Feed weekly outlook: Quiet times appear to be ahead

Significant weather event would maybe move prices

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Reading Time: < 1 minute MarketsFarm — As feed grain prices on the Canadian Prairies remain relatively stable, the market appear to be “moving to a quiet summer,” according to Brandon Motz of CorNine Commodities at Lacombe, Alta. “Demand remains neutral to weak, and farmers are holding on to their grain that’s left in the bin,” Motz explained, noting feedlots […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Finishers, Livestock, Markets

Klassen: Feeder market factors in lower barley prices

Strength in deferred live cattle futures also supportive

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Reading Time: 2 minutes Compared to last week, western Canadian yearlings over 800 lbs. jumped $4 to as much as $10 in some cases. Steers in the 700- to 800-lb. category appeared to be up $10-$12 while similar-weight heifers were up $8-$10. Calves under 700 lbs. were up $10-$20. The feeder market was hard to define in some cases. […] Read more
Barley. (Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Barley demand, prices rise

Downside risk seen in June, July

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Reading Time: 2 minutes MarketsFarm — After months of declining prices, one trader is now seeing a “pop” in the feed barley market. Evan Peterson of JGL Commodities at Saskatoon explained that logistics issues caused transportation delays for barley and resulted in feedlots ordering more than they needed last fall — but by the time spring came around, demand […] Read more
A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Barley, Crops, Markets, Reuters

Australia reaches deal with China in barley dispute

Trade shift may be 'bad news' for Canada and other exporters

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Reading Time: 2 minutes Sydney/Beijing | Reuters — Australia has reached an agreement with China to resolve their dispute over barley imports, the two countries said on Tuesday, a latest sign of improving ties between the major commodity trade partners. Relations between the two had been strained for years, and worsened after Australia called for an inquiry into the […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Demand surges for grass cattle

Barley, corn expected to be cheaper next fall

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Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded $3-$4 on either side of unchanged. Certain auction markets did not have sales due to the shortened holiday week. Adverse weather also shuttered some sales on Wednesday and Thursday in the eastern Prairie region. Southern Alberta feedlots are contending with poor pen conditions which may […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Barley prices still historically high, but face headwinds

Bulk corn delivery remains more convenient

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Reading Time: < 1 minute MarketsFarm — Feed barley bids in Western Canada remain historically strong, despite easing off their highs over the past month and trending lower. With bids of around $410 per tonne into the Lethbridge feedlot alley, feed barley “is still a sell,” according to Mike Jubinville of MarketsFarm, speaking on a webinar. However, he noted there […] Read more
File photo of an irrigated alfalfa stand in Saudi Arabia. (JohnnyGreig/E+/Getty Images)
Crops, Markets

Saudi Arabia highly dependent on grain imports

Alfalfa more profitable for domestic growers

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Reading Time: 2 minutes MarketsFarm — While Saudi Arabia is a giant among the oil-producing countries of the world, the desert kingdom does produce small amounts of grain. With a population that’s about one million less than Canada’s, Saudi Arabia is extremely dependent on importing its grain from overseas. The U.S. Department of Agriculture’s (USDA) attaché in Riyadh explained […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Alberta fed cattle lead feeder market higher

Traders expecting more barley acres this year

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Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $3-$5 higher while calf prices advanced $1-$3 on average. Alberta packers were buying fed cattle on a dressed basis of $360/cwt last week, up $3-$10 from a week earlier. Using a 60 per cent grading, live prices would be equivalent to $216. Feeding margins have improved […] Read more
(Photo courtesy Canada Beef Inc.)
Cereals, Crops, Markets

Feed weekly outlook: Prices continue to soften as April approaches

Seeding start in Alberta remains a question mark

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Reading Time: 2 minutes MarketsFarm — Corn is still moving into feedlots in southern Alberta as it approaches not only the end of its contracts, but also the end of winter. “We’ve been seeing here in Lethbridge prices at $395-$400 per tonne ($10.03-$10.16 per bushel),” said Erin Harakal, trade manager at Agfinity Inc. at Stony Plain, Alta. “It seems […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market eyes feed grain complex

Downside expected in new-crop barley prices

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Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded steady to $2 higher on average. Alberta packers were buying fed cattle on a dressed basis in the range of $353-$357/cwt delivered last week, up from the average price of $348/cwt delivered seven days earlier. Strength in the fed cattle market continues to support the […] Read more

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