CNS Canada — Cash barley prices have begun to weaken in the key cattle feeding area of Lethbridge, Alta., as feedlots have shipped out many of their animals for the season and demand for feed starts to decrease. According to Jim Beusekom, grain broker at MarketPlace Commodities in Lethbridge, current delivery prices are around C$200
Alta. cash barley prices begin to loosen
Volatile forage market seen keeping alfalfa prices high
CNS Canada — Volatility on the forage market has driven alfalfa prices to all-time highs in Western Canada and it doesn’t appear they’re going to come down anytime soon, an industry expert says. The high prices can be chalked up to a few reasons, according to Ed Shaw, owner of Carstairs, Alta.-based International Quality Forage
Cattle market could be due for setback, analyst says
CNS Canada — Record-high cattle prices, tight feeder supplies and tonnes of producer optimism are causing concern for one Alberta market analyst who believes the market may be due for a setback. Errol Anderson of Pro Market Communications in Calgary said market conditions are so heated right now, he’s hearing talk feeder cattle could be
Wet weather not likely to spur more sunflower planting
CNS Canada — If seeding delays persist this spring, sunflowers remain a crop that can be planted later on — but while there’s some talk of increased U.S. acres, they’re not seen to be as likely in Canada. North Dakota and some parts of South Dakota are experiencing delayed seeding of small-grain crops due to
West’s ranchers sending cattle out to pasture early
CNS Canada — The late spring has prompted many Prairie cattle owners to put their animals on pasture weeks ahead of schedule, according to three industry watchers. “They are probably three weeks early (in Alberta) compared to when they should be turning them out,” said forage specialist Barry Yaremcio at the provincial Ag-Info Centre at
Prairies expected to stay cool in May
CNS Canada –– Over the next month, Prairie producers can expect to see more of the cool, wet weather that has afflicted much of Western Canada so far this spring, according to a weather expert. “We’ll keep a cooler bias relative to normal over these next few weeks. So the drying rates will be a
Prairie farmland rentals seen holding steady, for now
CNS Canada — Farmland rental values in Western Canada appear to be holding steady this spring, according to three agricultural reps on the Prairies, but one analyst says prices could change by harvest time. Although 2013 saw a record harvest across the Prairies, that hasn’t translated into an uptick in rental prices, said James Bryan,
Malting barley expected to see slow price surge
CNS Canada — A projected decrease in Canadian malt barley acreage in 2014 could lead to price increases by the spring of 2015, according to an analyst in Alberta. Darren Smith of RMI Analytics in Calgary said exports in the barley market have been fairly light recently, due to logistics problems gripping rail transportation —
Mustard growers remain optimistic for 2014
CNS Canada — Despite a colder-than-normal spring, softening prices and uncertainty over Canada’s chief export rival, mustard growers continue to be enthusiastic about this year’s crop. Snowfall and excess moisture have delayed planting in many areas by at least a week, according to Patrick Ackerman, chairman of the Saskatchewan Mustard Development Commission. “I’m 10 days
Prairie feed barley prices nearing 2014 highs
CNS Canada — Lethbridge feed grain markets are trading at highs for the 2014 calendar year, and even starting to approach September prices, according to Jim Beusekom, grain broker at MarketPlace Commodities. “We’re at $190 to $195 per tonne for feed barley and feed wheat.” Road bans, the start of seeding and the logistics slowdown