(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,

ICE July 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola continues its collapse

Limited demand, more farmer selling seen

MarketsFarm — After losing $62 per tonne the week before, the May contract on the ICE Futures canola market extended its losses for the week ended Wednesday with little relief on the horizon. Winnipeg-based trader Jerry Klassen of Resilient Commodity Analysis said the massive selloff is the result of farmers realizing there wouldn’t be a


(Photo courtesy Canada Beef Inc.)

Klassen: Stronger fed cattle market pulls feeders upward

Feedlots becoming more current with production

Compared to last week, western Canadian yearling and calf markets were quoted steady to $5 higher on average. Strength was noted in southern Alberta. In the Lethbridge area, prices for lighter flesh replacements were up as much as $10 from seven days earlier. Larger supplies of backgrounded cattle are coming on the market at this

photo: dave bedard

Manitoba farmland values up 11.2 per cent

Prairie provinces all show double-digit increases in farmland values

Average Manitoba farmland prices were up 11.2 per cent in 2022 — slightly below the Canadian average increase of 12.8 per cent. The data was released in a Farm Credit Canada report March 13 and represents the largest increase the province has seen since 2015, when prices rose 12.4 per cent. This year’s increase follows jumps of


Organic price discovery tool funded

Organic price discovery tool funded

The Manitoba Organic Development Fund marks 'historic' first dispersal of organic checkoff dollars

A digital marketing tool to help organic farmers find buyers and discover prices for their crops is one of five projects funded in the first dispersal from the Manitoba Organic Development Fund. Five grants, totaling nearly $51,000, were announced Feb. 23. This marks the first time funds were designated since organic farmers voted for a mandatory organic checkoff

Barley. (Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Grains wait for demand to pick up

Trucking availability still seen as an issue, but less of one

MarketsFarm — As feed barley continued to sit in a lull, there have been some increases in feed wheat, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. “There’s a little of downward pressure on barley,” Motz said, noting demand for it is expected to soon pick up. Feed wheat prices have increased recently,


(WPohlDesign/iStock/Getty Images)

Klassen: Feeder market scaling fresh heights

Heifer retention expected in U.S. this spring

Compared to last week, western Canadian yearling markets traded $5 to as much as $10 higher. Replacements in the 650- to 800-lb. category were up $6-$12; calves under 650 lbs. were relatively unchanged although volumes were limited. Lightweight calves were hard to come by last week. Weather may have been a factor. Many factors contributed

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Corn the choice crop in feedlots

'Bigger feedlots are looking for volume'

MarketsFarm — Copious amounts of corn are still being delivered to feedlots in southern Alberta despite slowly declining prices for other feed grains. “Corn is coming down over the last little bit,” Mike Fleischhauer of Eagle Commodities Ltd. in Lethbridge said. “You think that there would be a little bit more barley hitting the market.


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market continues the climb

Statistics show tightening supplies in Canada, U.S.

Compared to last week, western Canadian feeder markets yearling markets traded $2-$5 higher. Replacements in the 700- to 800-lb. weight category appeared to jump $5 to as much as $15 in some cases. Calves weighing 500-700 lbs. were unchanged to $4 higher on average after rallying nearly $20 over the past month. There were limited

Where are markets moving?

Where are markets moving?

Can past patterns give insight into this year’s winners and losers?

If what goes up must come down, then does what goes down always come up? Not necessarily, but it often works that way in the markets and in specific situations in the stock market. Last year was a very weak year for global equities, so what will stock markets do in 2023? Will they bounce