Reading Time: 2 minutes Paris | Reuters — A prohibitive Chinese import tariff on Australian barley will benefit other suppliers without changing the bleak global outlook caused by large stocks and depressed beer demand, analysts and traders said. Beijing said on Monday it would apply an 80.5 per cent tariff on Australian barley imports for the next five years, […] Read more
China-Australia row to reshuffle trade in bulging barley market
Gains for Canada, other exporters won't be 'magical'
Feed weekly outlook: Barley prices strong
Jury still out on impact of China-Australia trade spat
Reading Time: < 1 minute MarketsFarm — Feed grain prices across the Prairies have been stronger during the week ended Thursday, buoyed by rainy conditions in southern Alberta coupled with steady demand. “To fill the gaps, prices have had to go up,” said Allen Pirness of Market Place Commodities in Lethbridge. Prices for feed barley went up by about $5 […] Read more
Klassen: Yearlings trade lower, calves ratchet higher
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were $4-$6 lower; mid-weight feeder cattle traded $2 higher to $4 lower. Lighter calves and grassers were quite variable. In Alberta, these cattle ranged from unchanged to as much as $8 higher on average while in the eastern Prairie regions, calves traded $4 lower to $4 higher. […] Read more
Feed weekly outlook: Slaughterhouse closures lead to adjustments
Reading Time: < 1 minute MarketsFarm — The closure of one of Canada’s largest beef slaughterhouses will lead to adjustments in the cattle feeding sector, as animals will be fed longer but on different rations. Cargill’s meat processing plant at High River, Alta. slaughters roughly 40 per cent of all the cattle butchered in Canada. The plant is to be […] Read more
Klassen: Uncertainty defines feeder market
'Hope' factor remains supportive
Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were down $3-`$5 on average while calves were unchanged to down $2. Sales were characterized by low volumes and limited buying interest. Feedlot operators are hesitant to step forward in the current environment, with packing plants on both sides of the border reducing capacity. At the same […] Read more
Feed weekly outlook: Strong demand supports prices
Reading Time: < 1 minute MarketsFarm — Feed grain prices on the Prairies have been stronger, and well supported by strong demand. Nelson Neumann of Agfinity in Lethbridge said strong feed barley prices were due to an uptick in exports from the Prairie provinces. “That provided a nice support to the price floor,” he said, noting market participants had previously […] 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: Spring rally unlikely
Reading Time: < 1 minute MarketsFarm — Feed grain bids in Western Canada have held relatively steady over the past month despite large moves in many outside markets. However, a number of factors may weigh on values heading into the spring. Feed barley is trading in the $4-$4.95 per bushel area in Alberta, according to Prairie Ag Hotwire data. Prices […] Read more
Feed weekly outlook: Grain prices mostly steady through market turmoil
Reading Time: < 1 minute MarketsFarm — Despite commotion in markets due to economic impact from the COVID-19 coronavirus pandemic, feed grain prices have been steady, according to Nelson Neumann of Agfinity in Edmonton. Feed prices were in a steady decline since the cold snap around the beginning of January, he said. “This week/last week, we haven’t seen the price […] Read more
Feed weekly outlook: Seasonal restrictions underpin grains
Coronavirus fallout being watched
Reading Time: < 1 minute MarketsFarm — Seasonal weight restrictions and spring road bans are providing some underlying support for feed grain bids in Western Canada, with the COVID-19 coronavirus outbreak also being followed closely. “Winter weights are coming off, which is restricting the areas (feedlots) can pull from,” said Allen Pirness, of MarketPlace Commodities in Lethbridge, adding “there’s a […] Read more
A message from April Stewart, Country Guide's Associate Editor
