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Feed weekly outlook: Demand strong for Canadian wheat

By Adam Peleshaty, GFM Network News February 19, 2021

MarketsFarm — Domestically-grown feed wheat is seeing stronger prices and increased demand — but unlike other commodities, the demand is coming from Canada itself. Wheat has become a more desirable crop for feed rations in recent months as barley prices have risen due to increasing exports to China. With less barley available to feedlots, wheat

Husky Energy’s ethanol plant at Minnedosa, Man., about 45 km north of Brandon. (HuskyGrain.com)

Cereals, Crops

Husky, Cenovus shareholders approve merger deal

Cenovus to be Western Canada's biggest ethanol, DDGS producer

By GFM Network News December 16, 2020

Reuters — Cenovus Energy’s $6.07 billion deal to buy Husky Energy was approved by the shareholders of the two companies on Tuesday, creating Canada’s No. 3 oil and gas producer in a rapidly consolidating industry. Cenovus said 93 per cent of shareholder votes were cast in favour of the merger at a special meeting, while

Crops, Markets

Feed weekly outlook: Barley bids firm as feeders seek coverage through spring

By GFM Network News, Phil Franz-Warkentin November 26, 2020

MarketsFarm — Feed barley bids held firm through November in Western Canada, with higher prices for deferred delivery as feedlots work to secure supplies in the face of solid export demand. Spot feed barley bids in the Lethbridge, Alta. area have held in the $270-$275 per tonne range through November, said Jim Beusekom of Market

Crops, Markets

Feed weekly outlook: Export demand supports grain prices

By GFM Network News, Glen Hallick - MarketsFarm November 20, 2020

MarketsFarm — There continues to be a very strong demand for feed grains with large amounts headed for export, according to Saskatoon-based trader Evan Peterson of JGL Commodities. “It’s driven the prices up and made a massive competition between feed for Alberta versus shipping it overseas,” Peterson said, noting China has been the main driver

Crops, Markets

Feed weekly outlook: High demand keeps bids strong

By GFM Network News November 13, 2020

MarketsFarm — Feed grain prices in Western Canada have come off of recent highs but remain “higher than what feeders like to see.” That’s according to Brandon Motz of CorNine Commodities ar Lacombe, Alta., who said feed grains are still in a “high-demand market,” with spot prices for feed barley and wheat around $260-$265 per

Crops, Markets

Feed weekly outlook: Prairie grain market steady, for now

By GFM Network News, Phil Franz-Warkentin November 6, 2020

MarketsFarm — The feed grain market in Western Canada remains firm for the time being, but the uncertainty of outside influences makes it difficult to predict where values will go from here. “It is so hard to gauge,” said Susanne Leclerc, owner of Market Master Ltd. in Edmonton, adding “I don’t think anybody can predict

Crops, Markets

Cenovus to get Prairies’ biggest ethanol maker in Husky sale

Plants can take up to 750,000 tonnes of wheat, corn, rye per year

By Dave Bedard, GFM Network News October 27, 2020

A proposed takeover of Husky Energy by Cenovus Energy is expected to create not only Canada’s third-biggest oil and gas producer but also a new owner for the Prairies’ biggest ethanol business. The two Calgary companies on Sunday announced a friendly all-stock deal which would see Husky shareholders get 0.7845 of a Cenovus share —

Crops, Markets

Feed weekly outlook: Demand keeps Canadian barley well supported

By GFM Network News, Phil Franz-Warkentin October 16, 2020

MarketsFarm — Solid demand continues to keep feed barley bids in Western Canada well supported, as end-users work to secure supplies in anticipation of tightening stocks going forward. “Competition for barley is coming from every which direction: grain companies exporting barley, feedlots trying to cover barley, and grain companies trying to cover feedlots,” said Jim

Crops, Markets

Feed weekly outlook: Demand from China lifts prices

By GFM Network News, Glen Hallick - MarketsFarm October 9, 2020

MarketsFarm — Prices for feed barley and wheat have shot up over the last month, including a 76 cent per bushel jump for barley in Alberta, according to Prairie Ag Hotwire. In Saskatchewan, barley prices climbed 41 cents per bushel, while in Manitoba the rise has been much more subdued at nine cents. At present

Crops, Markets

Feed weekly outlook: Bids hold firm in West

By GFM Network News, Phil Franz-Warkentin October 2, 2020

MarketsFarm — Feed grain bids in Western Canada remain firm at the beginning of October, with a lack of significant farmer selling keeping the market underpinned as harvest wraps up across the Prairies. The barley harvest is mostly complete across the Prairies, but total yields and production remain to be seen. “The market is still

Daily Network News

U.S. livestock: Cattle, hog futures rise on first WASDE since September

U.S. export sales include only small soybean business to China

U.S. corn and soybean yields revised down by USDA

Tag Archives feed wheat

Feed weekly outlook: Demand strong for Canadian wheat

Husky, Cenovus shareholders approve merger deal

Feed weekly outlook: Barley bids firm as feeders seek coverage through spring

Feed weekly outlook: Export demand supports grain prices

Feed weekly outlook: High demand keeps bids strong

Feed weekly outlook: Prairie grain market steady, for now

Cenovus to get Prairies’ biggest ethanol maker in Husky sale

Feed weekly outlook: Demand keeps Canadian barley well supported

Feed weekly outlook: Demand from China lifts prices

Feed weekly outlook: Bids hold firm in West

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