Reading Time: < 1 minute MarketsFarm — As demand for barley remains limp, it has become rather difficult to move the feed grain, according to Darcy Haley of Ag Value Brokers in Lethbridge. “There’s just no demand. We did barley March 10 at $320 per tonne, and in April through to July it traded at $328. That’s $7-$10 cheaper than […] Read more
Feed weekly outlook: Weak demand for barley
Cost of corn DDGS may favour barley
U.S. livestock: CME cattle up off last week’s sell-off
Lean hog futures also turn higher
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle and feeder futures advanced on Monday in a rebound from recent declines to multi-month lows. Short-covering helped boost the markets, as losses driven by fund liquidation and technical selling last week were overdone, brokers said. The U.S. beef industry still faces tight supplies of cattle, after […] Read more
Feed weekly outlook: U.S. corn moving into Canadian feedlots
Canada's feed grain exports down on year
Reading Time: < 1 minute MarketsFarm — The steady flow of corn from the United States into Canadian feedlots should keep prices for domestic feed grains under pressure for the foreseeable future. Canada imported 91,100 tonnes of corn from the U.S. during the week ended Nov. 2, taking the marketing-year-to-date total to 221,700 tonnes, according to the latest U.S. Department […] Read more
Feed weekly outlook: Prices to continue slipping back
Feedlots covered for now
Reading Time: < 1 minute MarketsFarm — Feed prices are set continue grinding lower for the balance of 2023, “as domestic end users are covered,” according to Jim Beusekom, president of Market Place Commodities in Lethbridge. Beusekom pointed to the amount of contracted corn being imported from the United States as well as better-than-expected yields across the Prairies this harvest. […] Read more
Feed weekly outlook: Grains see flat demand, price movement
A clearer picture of new-crop corn availability may provide direction
Reading Time: 2 minutes MarketsFarm — Recent demand for feed grains from feedlots has been in a standstill, according to Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta. “It’s been flat, probably since the end of September. We haven’t seen any big changes when it comes to demand or prices,” she said. “From what we’ve been […] Read more
Feed weekly outlook: Grains steady, waiting on U.S. corn imports
Barley yields might beat StatCan expectations
Reading Time: 2 minutes MarketsFarm — More feed barley is reportedly making its way into Alberta cattle rations for the time being as recently-harvested supplies are competitive with corn imports from the U.S. While nearby demand is keeping the domestic market reasonably steady, more corn will likely start making its way north over the next month. Feed barley is […] Read more
Feed weekly outlook: Demand for feed grains ‘in a lull’
U.S. corn harvest a work in progress
Reading Time: 2 minutes MarketsFarm — Despite prices continuing to come down for feed grains in Western Canada, demand for them is currently at a standstill, according to Susanne Leclerc of Market Master Ltd. in Edmonton. “I think we’re in that lull time right now between corn and barley (deliveries) as the (U.S.) corn harvest is underway,” Leclerc said, […] Read more
Feed weekly outlook: Lack of overseas demand brings down prices
'It feels like for now, we've kind of bottomed out'
Reading Time: 2 minutes MarketsFarm — As the grain harvest wraps up in Western Canada, feed grain prices continued to move downward. However, harvest pressure was not the only reason for their declines. Evan Peterson of JGL Commodities at Moose Jaw, Sask. heard others say their crops were larger than anticipated — but there were additional factors adding pressure […] Read more
Feed weekly outlook: Barley bids near bottom post-harvest
Feed corn values narrowing against barley
Reading Time: 2 minutes MarketsFarm — After a better-than-expected harvest across the Canadian Prairies, feed grain prices on the region either have bottomed out or soon will, according to Evan Peterson of JGL Commodities in Saskatoon. “They’ve dropped significantly in the past three to four weeks as harvest pressure kicked off,” he said, citing feed barley going into feedlot […] Read more
Market uncertainty, election weigh on Manitoba pork sector
Volatility remains a feature, Manitoba Pork GM says
Reading Time: 2 minutes MarketsFarm — Cam Dahl, general manager of Manitoba Pork, has felt the highs and lows of the province’s pork industry over the past few months. While he expects Manitoba’s feed grain harvest to provide some relief to feed prices for pork producers, Dahl also mentioned Russia’s invasion of Ukraine, the African swine fever situation in […] Read more
A message from April Stewart, Country Guide's Associate Editor
