Reading Time: 2 minutes MarketsFarm — After months of declining prices, one trader is now seeing a “pop” in the feed barley market. Evan Peterson of JGL Commodities at Saskatoon explained that logistics issues caused transportation delays for barley and resulted in feedlots ordering more than they needed last fall — but by the time spring came around, demand […] Read more
Feed weekly outlook: Barley demand, prices rise
Downside risk seen in June, July
Feed weekly outlook: Prices continue to soften as April approaches
Seeding start in Alberta remains a question mark
Reading Time: 2 minutes MarketsFarm — Corn is still moving into feedlots in southern Alberta as it approaches not only the end of its contracts, but also the end of winter. “We’ve been seeing here in Lethbridge prices at $395-$400 per tonne ($10.03-$10.16 per bushel),” said Erin Harakal, trade manager at Agfinity Inc. at Stony Plain, Alta. “It seems […] Read more
Grain deliveries surge January over January
Data marks recovery from 2021 drought
Reading Time: < 1 minute MarketsFarm — Producer deliveries of major grains were up sharply last month when compared to January 2022, according to Statistics Canada (StatCan). At more than 5.36 million tonnes, those deliveries jumped 85 per cent when comparing January to January. The spike in deliveries reinforced the significant recovery on the Prairies from the drought in 2021. […] Read more
Feed weekly outlook: Grain bids quietly drift lower
Oats still making their way into feedlots
Reading Time: 2 minutes MarketsFarm — Prices for feed barley and wheat in Western Canada drifted lower during the week ended Wednesday. Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta., said a relatively milder winter across the Prairies has resulted in less consumption of feed grains in feedlots. In turn, feedlots are not purchasing as much […] Read more
Grain stocks come in as projected
StatCan report deemed neutral for canola and spring wheat, supportive for durum
Reading Time: 2 minutes MarketsFarm — Stocks of Canadian grains at year-end appear to be pretty much in line with market expectations. Statistics Canada on Tuesday issued its report on stocks as of Dec. 31, 2022, which highlighted notable increases in most grains, further signaling a recovery from the 2021 drought. “Stocks reports are important because they confirm the […] Read more
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
AAFC issues first look at 2023-24
Oats production expected down significantly on year; wheat, canola up
Reading Time: < 1 minute MarketsFarm — Agriculture and Agri-Food Canada (AAFC) has released its first crop projections for 2023-24, forecasting a very notable drop in oats. In AAFC’s January supply and demand estimates, released Friday, it cut oat production to 3.611 million tonnes, down almost 31 per cent compared to 2022-23. The department chopped the carryout for oats by […] Read more
Oats face an uncertain year
Reduced acres expected in 2023
Reading Time: 3 minutes MarketsFarm — When comparing oat prices at the start of 2023 compared to one year ago, they appear to be night and day. Despite modest price increases over the past month, some western Canadian oat bids are less than half of what they were last year. In Alberta, the high-delivered bid for oats as of […] 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
A message from April Stewart, Country Guide's Associate Editor
