Reading Time: < 1 minute MarketsFarm — Rising feed barley prices in Western Canada may be nearing their upper limit, as end users look to add more cheaper corn to their rations. “The higher that barley and wheat get, the more attractive corn gets,” said Mike Fleischhauer of Eagle Commodities in Lethbridge. “If barley and wheat go any higher, we’ll […] Read more
Feed weekly outlook: Cheaper corn to temper rising barley bids
Lack of farmer selling a factor in bids
Feed weekly outlook: Prices steady, demand quiet
Reading Time: < 1 minute MarketsFarm — Demand for feed grains has slowed down on the Prairies due to uncertainty in cattle markets posed by the COVID-19 pandemic. Many cattle processing and packing plants across North America have closed or slowed production due to lack of staff, leading to widespread issues in feed grain supply chains. “The lack of forward […] Read more
Feed weekly outlook: Barley, wheat remain firm
Feed corn values follow U.S. ethanol lower
Reading Time: < 1 minute MarketsFarm — Prices for feed barley and wheat have firmed up across the Prairies amid the COVID-19 pandemic, said trader Allen Pirness of Market Place Commodities in Lethbridge. However, he also noted corn prices have fallen due to the steep decline in the U.S. ethanol industry. The Saudi Arabia/Russia crude oil price war put enormous […] Read more
Feed weekly outlook: Barley bouncing back, reducing need for corn
Reading Time: < 1 minute MarketsFarm — This year has been proving good for barley, according to trader Allen Pirness of Market Place Commodities in Lethbridge. “A lot of acres went in and that takes the edge off of supply,” Pirness said of the barley crop throughout southern Alberta. There had been a switch to corn in feed rations last […] Read more
Feed weekly outlook: World weather buoys barley
Reading Time: < 1 minute MarketsFarm — Canadian feed barley prices are being buoyed by a triple threat of weather circumstances both locally and abroad. Three years of dry growing conditions in Australia have tightened global feed barley supplies to the point that domestic Canadian prices have increased. Current feed barley bids are topping out at $6.25 per bushel in […] Read more
Feed weekly outlook: Market aims to ration tight barley supplies
Reading Time: < 1 minute Tightening feed barley supplies in Western Canada have end-users looking to alternatives, with cheaper U.S. corn imports likely to keep a lid on prices. “Barley stocks are tight, so the market is trying to ration the amount of barley being used and it’s doing a pretty good job of that,” said Jim Beusekom of Market […] Read more
Feed weekly outlook: Low ending stocks supportive
Reading Time: < 1 minute With some of the lowest ending stocks in more than a generation, feed grain prices are doing quite well in Western Canada, said Ed Baldwin of AgChieve Grain Marketing in Winnipeg. Baldwin, AgChieve’s manager of advisory services, said Canada has its lowest ending stocks for feed grains in the last 35 years. On the world […] Read more
Feed weekly outlook: Snowy weather makes for larger feed supplies
Reading Time: 2 minutes CNS Canada — The question isn’t whether there’ll be enough feed grains this year in Western Canada, but when they’ll be ready — which is keeping the market steady currently. “The question is when will it be marketable? When will it be out of the field and in condition to market?” said Allen Pirness of […] Read more
Feed weekly outlook: Manitoba corn seems headed for lower yields
Reading Time: 2 minutes CNS Canada — Manitoba’s corn crop harvest is getting underway earlier than expected, which could point to potential yield problems. While it’s too early to provide firm yield estimates, Morgan Cott, field agronomist for the Manitoba Corn Growers Association, said some high-moisture corn was already harvested in mid-September, and regular grain corn harvest got underway […] Read more
Feed weekly outlook: Cheap corn, Prairie harvest quality weigh on prices
Reading Time: 2 minutes CNS Canada — Cheap corn imports and adverse Prairie harvest conditions should mean no shortage of feed grain in Alberta’s feedlot alley this winter — which should also keep prices under pressure going forward. “Anytime you get a ripe crop and you get snow and rain falling on it, it normally doesn’t make better quality,” […] Read more
A message from April Stewart, Country Guide's Associate Editor
