Reading Time: < 1 minute MarketsFarm — Feed barley prices have come down from June highs, which saw prices around $300 per tonne. Currently, feed barley is around $275-$280 as market participants anticipate arrival of new crops. However, demand for feed grains remains high, as “we’re still dealing with a full feedlot,” said Brandon Motz of CorNine Commodities at Lacombe, […] Read more
Feed weekly outlook: Grain prices back off previous highs
Feed weekly outlook: Prices fall with rain
Reading Time: < 1 minute Feed grain prices for Lethbridge’s feedlot alley took a tumble after parts of the Prairies received some much-needed rain. Jim Beusekom, president of Market Place Commodities in Lethbridge, said barley and wheat prices recently dropped. Barley was around $285-$290 per tonne in the area, down about $10 from the week ending June 21. Wheat was […] Read more
Feed weekly outlook: Prairie wheat, barley prices still look good
Reading Time: < 1 minute Prices for feed wheat and barley in Western Canada are doing pretty good, according to Nelson Neumann of Agfinity in Edmonton. Feed wheat is up to $6 per bushel in the Edmonton area and about $250 per tonne in the Lethbridge area, he said. Feed barley was still quite strong, although the price had softened […] Read more
Feed weekly outlook: Prairie prices stable during mild winter
Reading Time: 2 minutes With the mild winter Western Canada has been experiencing, feed grain buyers expect prices should stay quiet for the next while. “I would say the buyers have adequate coverage for January, February, even a bit of March. And I would say we maybe have seen the (barley) price soften up a bit,” said Nelson Neumann, […] Read more
Feed weekly outlook: Prairie grain prices higher than last year
Reading Time: 2 minutes CNS Canada — Nice weather over the holidays allowed for good movement of feed grains in Western Canada, with prices steady to above year-ago levels. “I would say we cruised through Christmas and (the) New Year holidays fairly well. Not a lot of massive panic. We had nice weather which really helped, loads continued to […] Read more
Feed weekly outlook: Barley exports could signal market strength
Reading Time: 2 minutes CNS Canada — Jeff Nielsen, a director with Alberta Barley, expected barley exports to make a strong showing. Numbers recently posted by the Canadian Grain Commission confirmed the good news he had been waiting for. “We kind of had an inkling they were going to be good and high and yeah, it just reaffirms it. […] Read more
U.S. livestock: Feeder cattle jump as corn prices drop
Reading Time: 2 minutes Chicago | Reuters — U.S. feeder cattle futures rose to nearly four-month highs on Monday as declining feed prices boosted demand for the variety of cattle fattened and then sold to beef packers. Live cattle futures, reflecting the animals already fattened for slaughter, were narrowly higher while lean hogs were widely mixed on the Chicago […] Read more
Feed weekly outlook: Barley prices rising for northern Alberta feedlots
Reading Time: 2 minutes CNS Canada — While feed barley prices are holding steady in the Lethbridge area, further north around Edmonton, prices are starting to climb. “We’re starting to see already just difficulty with loading here and there and buyers getting caught off-guard with not getting barley coming in when they needed it to happen. And that’s spurring […] Read more
Feed weekly outlook: Prairie feed grain prices on rise
Reading Time: 2 minutes CNS Canada — Prices are rising for feed grains in Lethbridge, with buyers starting to consider their options. “Seems every day this last week we’re surprised at higher offers being triggered than the day before,” said Jared Seitz, trade manager with Agfinity Inc. In Lethbridge, feed barley bids last week were at $5 per bushel […] Read more
Feed weekly outlook: Demand shifting at Alberta feedlots
Reading Time: 2 minutes CNS Canada — Demand has shifted at Alberta feedlots this year with more forward contracting and less business taking place in the spot market, according to an analyst. “In a lot of years we’ve seen the demand has stayed in the spot market but this year there were more forward purchases that were done by […] Read more
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