GFM Network News


(File photo)

Feed weekly outlook: High demand keeps bids strong

Reading Time: < 1 minute MarketsFarm — Feed grain prices in Western Canada have come off of recent highs but remain “higher than what feeders like to see.” That’s according to Brandon Motz of CorNine Commodities ar Lacombe, Alta., who said feed grains are still in a “high-demand market,” with spot prices for feed barley and wheat around $260-$265 per […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Prairie grain market steady, for now

Reading Time: < 1 minute MarketsFarm — The feed grain market in Western Canada remains firm for the time being, but the uncertainty of outside influences makes it difficult to predict where values will go from here. “It is so hard to gauge,” said Susanne Leclerc, owner of Market Master Ltd. in Edmonton, adding “I don’t think anybody can predict […] Read more


(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Feedlots booking for winter underpin bids

Reading Time: < 1 minute MarketsFarm — Feed grain prices have been strong following Western Canada’s harvest, as feedlots ensure they’re covered heading into the winter. “Last week there was some buying in the deferred months, from January onward,” Allen Pirness of Market Place Commodities at Lacombe, Alta. said. Pirness said the strong prices were unexpected, noting that when prices […] Read more

(Canada Beef Inc. photo)

Feed weekly outlook: Demand keeps Canadian barley well supported

Reading Time: < 1 minute MarketsFarm — Solid demand continues to keep feed barley bids in Western Canada well supported, as end-users work to secure supplies in anticipation of tightening stocks going forward. “Competition for barley is coming from every which direction: grain companies exporting barley, feedlots trying to cover barley, and grain companies trying to cover feedlots,” said Jim […] Read more


CME January 2021 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Klassen: Feeder market digests rising COVID-19 cases

Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were relatively unchanged while calves traded steady to $2 lower on average. The grain harvest is in its final stages and buying interest was noted from the farmer/backgrounding operator. The buying frenzy over yearlings has eased and finishing feedlots were active on all weight categories. Feather-light calves […] Read more

CME December 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Domestic demand boosts hog futures

Feed grain prices drag on feeder cattle

Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures leapt to their highest price since May 2019 on Friday on strong domestic demand for pork, while feeder cattle futures tumbled to a three-month low. Gains in the swine market extend a rally driven by rising cash prices for hogs and demand from consumers. “Domestic demand has been […] Read more



(Photo courtesy Canada Beef Inc.)

Klassen: Rising feed grains pressure feeder market

Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $3-$6 lower with some reports showing prices as much as $10 lower. Calves traded $2-$4 below week-ago levels; however, the market will be more defined next week, with many auction barns scheduling feature calf sales in the major feeding areas of Alberta. Feeding margins in the […] Read more


(File photo)

Feed weekly outlook: Prairie grain prices on rise despite harvest

Reading Time: < 1 minute MarketsFarm — Feed barley and wheat prices in Western Canada have been showing some unusual strength in late September, with prices rising despite seasonal harvest pressure. “Right now we’ve been seeing a lot of talk about exports and the need for feed at feedlots,” said Erin Harakal, senior trader at Agfinity at Stony Plain, Alta. […] Read more

Barley. (Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Prices stronger after harvest

Reading Time: < 1 minute MarketsFarm — Feed grain prices have been higher as the harvest has concluded across most of the Canadian Prairies. “It feels like last week and this week, the harvest has wrapped up in many areas,” said Allen Pirness, a trader with Market Place Commodities in Lethbridge. “That should switch the focus for getting the crop […] Read more