Reading Time: < 1 minute MarketsFarm — Feed grain markets in Western Canada have seen little change over the past few weeks. Feed barley bids across Western Canada have generally held steady over the past month, with the spot market topping out at $9.58 per bushel in Alberta, according to Prairie Ag Hotwire data. Prices in Manitoba and Saskatchewan are […] Read more
Feed weekly outlook: Prairie markets hold steady
U.S. corn imports keep lid on domestic grains
Feed weekly outlook: Barley, wheat prices continue downward
Oats, canola meal also bound for feedlots
Reading Time: 2 minutes MarketsFarm — As colder temperatures descend onto the Prairies, buying activity for feed barley and wheat was just as frigid. “A lot of guys are fairly caught up with purchasing,” said Mike Fleischhauer of Eagle Commodities Inc. in Lethbridge. “You see the prices of wheat and barley start to trickle down a little bit. Corn’s […] Read more
Feed weekly outlook: Prices slip during quiet January
Shortages of trucks, drivers still trouble cattle sector
Reading Time: < 1 minute MarketsFarm — With January being a quiet time there’s isn’t a whole lot of direction for feed grains, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. Prices for feed barley and wheat have been slowing slipping, he said — especially with feedlots not having to buy and farmers not needing to sell — […] Read more
Feed weekly outlook: Corn imports still weigh on domestic feed market
Reading Time: < 1 minute MarketsFarm — Ample corn imports from the U.S. continue to keep the western Canadian feed grain market under pressure, with barley bids in Lethbridge trending lower through the early days of 2023. “We started the year with cash barley trading at roughly $450 (per tonne) in Lethbridge, it’s since declined to roughly $435,” said Jim […] Read more
Feed weekly outlook: Little price movement for feed grains
Reading Time: 2 minutes MarketsFarm — With the holiday season come and gone, feed grain buyers were getting back into the swing of things at the start of 2023, according to one trader. “I think January will probably fill up pretty quickly as we’re in the first week of January and we’ve been booked into January for a bit,” […] Read more
Klassen: Feeder market to start 2023 on firm tone
Counter-seasonal behaviour expected
Reading Time: 2 minutes There were no market reports last week due to the holiday season; however, I still received a few calls from cattle producers regarding the feeder market outlook for the first quarter of 2023. The feeder market finished 2022 at 52-week highs. Steers averaging 500 lbs. were readily trading over the psychological $300 level while 900-lb. […] Read more
Feed weekly outlook: Grain, price movement ongoing over holidays
Colder weather stymies deliveries
Reading Time: 2 minutes MarketsFarm — With the Christmas break come and gone, more grain is being delivered to feedlots, according to one Lethbridge trader. Mike Fleischhauer of Eagle Commodities Ltd. said that despite the holiday season, in which lighter activity is expected, there was still some movement in feed grain prices. Wheat and barley were both valued at […] Read more
Feed weekly outlook: Alberta barley bids steady heading into holidays
Reading Time: < 1 minute MarketsFarm — The Lethbridge feed grain market is holding relatively steady heading into the holiday season, with ample imports of corn from the U.S. keeping a lid on prices. Reports out of Alberta’s feedlot alley peg the upper edge of delivered barley bids in the $430-$435 area, with feed wheat seeing similar prices. Feedlots are […] Read more
Feed weekly outlook: Barley, wheat prices pull back
Truck shortage 'hasn't gotten any better'
Reading Time: < 1 minute MarketsFarm — Prices for feed barley and wheat are coming down on the Prairies, said Susanne Leclerc of Market Master Ltd. in Edmonton — and a big part of that trend is the lack of demand for either commodity. “Buyers are fairly well covered. There seems to be a lack of desire for buyers to […] Read more
Feed weekly outlook: Wheat, barley eschewed for other grains
Oats, corn finding demand as feed
Reading Time: 2 minutes MarketsFarm — Feed wheat and barley prices in Alberta’s feedlot alley are coming down, largely due to the increasing presence of corn imported from the U.S. The high-delivered bid for Alberta feed barley on Wednesday was $9.80 per bushel, 11 cents lower than the previous week and 22 cents lower than one month earlier, according […] Read more
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