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(Bob_bosewell/iStock/Getty Images)
General, Markets, Reuters

Farmers’ net cash income improves as crop prices soar

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Reading Time: < 1 minute Winnipeg | Reuters — Canadian farmers reaped record profits last year and are on track to do the same this year, the federal agriculture ministry said on Thursday, as prices for its top crops soared. Prices of canola hit all-time highs this month, rallying with oilseed rival soybeans, on brisk Chinese buying to produce feed […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Barley, wheat at par in Alberta

Demand also seen for heated canola

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Reading Time: < 1 minute MarketsFarm — Prices for feed barley and wheat are running about the same, from where Susanne Leclerc sits at Market Master Ltd. in Edmonton. Barley and wheat going into central Alberta were both running at $315 per tonne, she said. “We’re seeing buyer strength gaining coverage for the summer,” she said, but noted trading activity […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Spring Wheat

Feed weekly outlook: Demand strong for Canadian wheat

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Reading Time: < 1 minute MarketsFarm — Domestically-grown feed wheat is seeing stronger prices and increased demand — but unlike other commodities, the demand is coming from Canada itself. Wheat has become a more desirable crop for feed rations in recent months as barley prices have risen due to increasing exports to China. With less barley available to feedlots, wheat […] Read more
(WPohlDesign/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Cold weather slows feeder cattle market activity

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Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Extreme temperatures blanketed Western Canada last week. Many auction barns cancelled sales or had limited numbers on offer. Buyers attended sales either in person or via the internet, which was supportive to the overall price structure. Many backgrounders and cow-calf producers delayed sales […] Read more
A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Barley, Crops, Markets

Feed weekly outlook: Barley demand pressures domestic supply

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Reading Time: < 1 minute MarketsFarm — Increasing demand for feed barley has created a strong but extremely tightened market for the crop and it may potentially buck seeding predictions for 2021-22. Peter Watts, managing director of the Canadian Malting Barley Technical Centre in Winnipeg, said rising demand from China is also raising prices for feed barley, urging growers to […] Read more
(Dave Bedard photo)
Barley, Crops, Markets

Malt barley demand rises, at home and abroad

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Reading Time: 2 minutes MarketsFarm — Domestic malt barley is facing pressure from both inside and outside Canada’s borders as demand for both malt and feed barley has increased. With domestic feed barley prices rising and domestic supplies shrinking with increased exports to China, high-quality malt barley has found its way to feed channels as growers look to sell […] Read more
File photo of a barley field in Argentina. (Juan Pablo Marchelletti/iStock/Getty Images)
Barley, Crops, Markets, Reuters

Argentine truckers end strike, freeing China-bound barley

Canada, France would have been buyers' Plan B

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Reading Time: 2 minutes Buenos Aires | Reuters — Argentine truckers ended a 20-day strike that had blocked access to ports in Buenos Aires province, agricultural industry sources said on Tuesday, following a deal struck with local officials to increase freight-hauling rates. Trucks owners grouped in the informal TUDA association (Transportistas Unidos de Argentina) began blocking highways last month, […] Read more
File photo of hogs on a Chinese farm. (Songqiuju/iStock/Getty Images)
Barley, Crops, Markets

Feed weekly outlook: Grain exports, prices rise

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Reading Time: < 1 minute MarketsFarm — As more Canadian feed grains make their way overseas, especially into China, domestic buyers may need to pay more secure supplies from emptying bins over the next few months. “Anything extra we’re able to export is getting exported at this point,” Brandon Motz, owner and sales manager of CorNine Commodities at Lacombe, Alta., […] Read more
A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Barley, Crops, Markets, Reuters

China’s appetite for feed barley sucks in new crop from Canada, France

Tariff on Australian barley favours other suppliers

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Reading Time: 3 minutes Paris | Reuters — China’s buying spree of French and Canadian barley is spilling into the 2021-22 crop with large forward purchases, due to its major feed grain needs and a prohibitive tariff on Australian barley, traders and analysts said. China has been sweeping up huge volumes of foreign crops to help feed a pig […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market bounces on optimistic outlook

Feed barley remains near historical highs

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Reading Time: 2 minutes Compared to last week, western Canadian yearling prices traded $2-$4 higher; prices for mid-weight calves were quoted $4-$8 above week-ago levels. Calves under 550 lbs. traded $6 to as much as $10 higher compared to seven days earlier. Improving feedlot margins were the main factor driving the feeder market. June and August live cattle futures […] Read more

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