Reading Time: 2 minutes Cargill’s Prairie Malt plant in western Saskatchewan is destined for new European ownership under a deal publicly proposed Thursday. The Boortmalt Group, the malting arm of French agricultural co-operative Axereal, has announced its “intention to enter into an agreement” to buy Cargill Malt from the U.S. agrifood firm for an undisclosed sum. Boortmalt, which bills […] Read more
European malting giant to buy Cargill Malt business
Klassen: Feeder market bounces off recent lows
Reading Time: 2 minutes Compared to last week, yearlings traded $5 to as much as $10 higher while calf markets strengthened by $4-$8. Southern Alberta experienced winds of extreme nature over the past few weeks, which caused buyers to shy away from the market; however, with year-end right around the corner, pent-up demand stepped forward with a vengeance in […] Read more
14 steps to avoiding fusarium
Following these points is not a guarantee of freedom from fusarium, but it will reduce the amount of FHB in your fields. This could mean the difference between a marketable crop and a financial loss.
Positives and negatives both loom in cereal outlook
Reading Time: 3 minutes CNS Canada — There was a mix of good and bad from two senior market analysts when it came to their outlook for cereal crops. Jonathon Driedger and Neil Townsend, both with FarmLink Marketing Solutions, gave their thoughts about the global markets for wheat, durum, feed barley and oats Wednesday at the Grain World conference[...]
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Pre-booked corn pushing barley and wheat out of Alberta feedlots
Reading Time: 2 minutes CNS Canada – Cattle in “feedlot alley” in Lethbridge, Alta., won’t be seeing corn leave their diets any time soon, according to one feed grain buyer. “The marketplace booked up a fair bit of corn in advance of it, so through September, December and even out into March. So that’s all been done, that corn[...]
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Harvest delays prompt questions about malt barley supplies
Reading Time: 3 minutes CNS Canada — The long, wet harvest of 2018 has probably spelled the end for most hopes that barley still in fields will meet malting specifications. “I really suspect that anything left in the field now, any barley now, will not be malting quality,” said Jeff Nielsen, a farmer near Olds, Alta., and director with[...]
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Klassen: Feeder cattle market holding value
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were steady to as much as $4 higher while calf values traded within $5 on either side of unchanged. Current feedlot margins are hovering around break-even, but profitability will improve during October and November, given the recent strength in the deferred live cattle futures. Therefore, short-keep feeders[...]
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Klassen: Feeder market eyes April live cattle futures
Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded steady to $3 higher. Strength in the deferred live cattle futures, particularly the April contract, spilt over into the cash feeder market. Limited supplies of yearlings also contributed to the firmer tone. Feedlots have been patiently securing heavier replacements, but we’re now on the home[...]
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Large Canadian canola ending stocks expected
Reading Time: 2 minutes CNS Canada — Canada’s canola ending stocks as of July 31 came in at about a million tonnes above the previous year’s carryout — but were still well within trade expectations. Canola supplies as of July 31 were estimated at 2.391 million tonnes by Statistics Canada on Thursday, with 954,000 tonnes of that in commercial[...]
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Klassen: Feeder market reflects vulnerability
Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded within $5 on either side of unchanged. Strength was noted in the major feeding regions of Alberta while subdued buying interest was noted in other regions of the Prairies. Major operations focused on local cattle, especially in southern Alberta. Feature sales attracted larger crowds which enhanced[...]
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A message from April Stewart, Country Guide's Associate Editor
