A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Australia reaches deal with China in barley dispute

Trade shift may be 'bad news' for Canada and other exporters

Sydney/Beijing | Reuters — Australia has reached an agreement with China to resolve their dispute over barley imports, the two countries said on Tuesday, a latest sign of improving ties between the major commodity trade partners. Relations between the two had been strained for years, and worsened after Australia called for an inquiry into the

EU expects oilseed output to hit record high in 2023-24

The European Commission expects 2023-24 oilseed crops to increase by seven per cent from the previous year to a record 33.6 million tonnes, mainly because of a larger area sown, it said March 30. In its short-term outlook, the EU executive said that attractive prices during the sowing period and mild conditions during winter had


(Photo courtesy Canada Beef Inc.)

Klassen: Demand surges for grass cattle

Barley, corn expected to be cheaper next fall

Compared to last week, western Canadian feeder cattle markets traded $3-$4 on either side of unchanged. Certain auction markets did not have sales due to the shortened holiday week. Adverse weather also shuttered some sales on Wednesday and Thursday in the eastern Prairie region. Southern Alberta feedlots are contending with poor pen conditions which may

Fusarium Head blight in wheat.

Fusarium fight goes high-resolution

Fungal infection will now be monitored by new Prairie-wide model

A new, made-in-Manitoba tool to assess the risk of fusarium head blight will be available to farmers across the Prairies this spring. After five years in development, the University of Manitoba agriculture department will make the tool available for use after an April 12 launch. “We wanted to embark on a project with a specific


(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Barley prices still historically high, but face headwinds

Bulk corn delivery remains more convenient

MarketsFarm — Feed barley bids in Western Canada remain historically strong, despite easing off their highs over the past month and trending lower. With bids of around $410 per tonne into the Lethbridge feedlot alley, feed barley “is still a sell,” according to Mike Jubinville of MarketsFarm, speaking on a webinar. However, he noted there

File photo of an irrigated alfalfa stand in Saudi Arabia. (JohnnyGreig/E+/Getty Images)

Saudi Arabia highly dependent on grain imports

Alfalfa more profitable for domestic growers

MarketsFarm — While Saudi Arabia is a giant among the oil-producing countries of the world, the desert kingdom does produce small amounts of grain. With a population that’s about one million less than Canada’s, Saudi Arabia is extremely dependent on importing its grain from overseas. The U.S. Department of Agriculture’s (USDA) attaché in Riyadh explained


(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Prices continue to soften as April approaches

Seeding start in Alberta remains a question mark

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

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market eyes feed grain complex

Downside expected in new-crop barley prices

Compared to last week, western Canadian feeder cattle markets traded steady to $2 higher on average. Alberta packers were buying fed cattle on a dressed basis in the range of $353-$357/cwt delivered last week, up from the average price of $348/cwt delivered seven days earlier. Strength in the fed cattle market continues to support the


Canada Malting’s processing plant in Montreal. (CanadaMalting.com)

France’s InVivo makes bid for United Malt

Bid would include Canada Malting business

Reuters — United Malt Group has received an indicative, non-binding offer from Malteries Soufflet, a branch of French agribusiness InVivo, the Australian commercial maltster said on Tuesday, valuing it at A$1.5 billion (C$1.36 billion). The A$5 per share offer represents a 45.3 per cent premium to United Malt’s last close of A$3.44. Trading in shares

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Domestic grain prices slipping

Prairie wheat, barley on par with U.S. corn

MarketsFarm – Feed wheat and barley prices in Western Canada have slowly trended lower over the past few months, with prices for both grains now on par with imported corn from the U.S. into Alberta’s key Lethbridge feedlot alley. All three grains are trading at around $410 per tonne into Lethbridge, according to Jim Beusekom,