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Photo: File
Barley, Crops

Larger U.S. barley crop expected in 2022

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Reading Time: < 1 minute MarketsFarm — Barley production in the U.S. is forecast to be up substantially in 2022, with early indications pointing to the largest crop in seven years. In its latest production estimates, the U.S. Department of Agriculture forecast the country’s 2022 barley crop at 3.8 million tonnes, which would be up from the 2.6 million tonnes […] Read more
A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Barley, Crops, Markets

Feed weekly outlook: Grain prices coming down

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Reading Time: < 1 minute MarketsFarm — As futures prices fall back, those for feed have been following, according to Jenny Redshaw, a trader with Agfinity at Stony Plain, Alta. “There are lots of things going on,” she said, noting demand has been somewhat lacklustre. “The feedlots aren’t breaking down any doors,” she added. With prices down across the board […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder cattle trade at 52-week highs

New-crop feed grain values under pressure

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Reading Time: 2 minutes Compared to last week, western Canadian yearlings traded steady to $2 higher with exceptional demand noted on steers over 700 pounds. Calf values were mixed in Alberta with markets trading $2-$4 on either side of unchanged; however, prices were steady to $4 higher in Saskatchewan and Manitoba. Small groups of various quality characterized the feeder […] Read more
“There is still a pile of corn going into southern Alberta,” says one trader at Eagle Commodities Ltd. Photo: MaksymTopchyi/iStock/Getty Images
Cereals, Markets

Feed weekly outlook: Decline in feed grain prices anticipated

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Reading Time: 2 minutes MarketsFarm – Much-needed rains falling onto most parts of Alberta have created ideal growing conditions for feed grains in the province, which has already created a slight decline in prices. “Southern Alberta has been very, very dry, but we’ve had anywhere from four to six inches of rain over the last three weeks,” said Mike […] Read more
In central Alberta, calf numbers were limited with only small groups or single stragglers available. Photo: File
Finishers, Livestock, Markets

Klassen: Feeder cattle trend higher, favourable beef outlook

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Reading Time: 2 minutes Compared to last week, Western Canadian yearlings traded $8 to as much as $12 higher; mid-weight feeders in the range of 700-800 pounds were also $8-10 higher. Calves under 700 pounds were unchanged to $6 higher.  The feeder market took a fortuitous bounce last week. Major feedlots were extremely aggressive on yearlings while supplies were […] Read more
Photo: Thinkstock.
Markets, Reuters

Ukraine grain exports 48 per cent down so far in June

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Reading Time: < 1 minute Reuters – Ukrainian grain exports in the first 22 days of June fell by 48 per cent from a year earlier to 907,000 tonnes, agriculture ministry data showed on Wednesday. The volumes included 803,000 tonnes of corn, 78,000 tonnes of wheat and 21,000 tonnes of barley, the data showed. Ukraine exported up to 6 million […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Barley price forecasts enhance feeder cattle demand

Recent rains nearly guarantee at least average yields

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Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were relatively unchanged. Heifer and steer calves were quoted steady to $3 lower on average but the market was harder to define due to limited numbers. Small packages of calves of various quality resulted in the wide-ranging price structure. Buying interest for grassers appears to have subsided. […] Read more

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