GFM Network News

(Dave Bedard photo)

Canada’s small, high-protein malt barley crop poses challenges

MarketsFarm — The hot and dry 2021 growing season cut significantly into Canada’s barley production, with the weather also leading to higher protein levels for what was harvested. “It will be an extremely tight and difficult year for the malt processors and ultimately for the brewers as well,” said Peter Watts, managing director of the […] Read more

(Dave Bedard photo)

Feds tighten forecast for wheat carryout

MarketsFarm — Canadian wheat carryout for the 2021-22 crop year will be even tighter than earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Wednesday. The October report included only minor adjustments for most crops, with the most notable change from September being a 500,000-tonne reduction in projected wheat ending […] Read more

Dry distillers grain is not an exotic feed ingredient, but at the moment a relatively economic source of protein that works well in beef rations.

Dried distillers’ grains a viable feed option

DDGS is high in nutrients and pencils out well in a ration

Corn-dried distillers’ grains solubles (DDGS) have drawn a lot of attention among beef producers in Western Canada this year. That’s because a lack of good-quality forages caused by one of the worst droughts in years as well as high grain/protein-concentrate prices have created an easy choice for feeding this nutritious supplement to cattle. And it […] Read more

Feedlot placements were up in mid 2021 meaning more cattle will be going to market in the fourth quarter of this year. Cow-calf producers are urged to hold onto their calves until at least December and even early 2022.

Try to hold calves until early 2022

Market Update: After burdensome supplies to end this year, demand and prices expected to rebound

Alberta packers were buying fed cattle in the range of $157-$158 during the latter half of September; this is up $3 to $4 from late-August values of $153 to $154. The fed cattle market is in a precarious situation. Beef demand tends to improve in the fourth quarter, however, fed cattle supplies from October through […] Read more

Wheat being loaded onto a cargo ship in Vancouver in 2011. (File photo: Reuters/Ben Nelms)

Exports tumble as supplies simply not there

'There's very little to sell'

MarketsFarm — Cereal and oilseed exports out of Canada nosedived in August just as the 2021-22 marketing began, according to the monthly export report from the Canadian Grain Commission (CGC). At about 2.24 million tonnes, total grain exports were down 38.5 per cent overall compared to those in August 2020. “There’s very little to sell. […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market continues consolidation

U.S. corn northbound into Prairies

Compared to last week, western Canadian yearling prices were relatively unchanged while calf markets were down $2-$3 on average. Feedlot inventories in Alberta and Saskatchewan are 30 per cent above the five-year average; therefore, demand is lacking moving into the main marketing period for calves. Finishing feedlots have sufficient ownership and being fairly finicky on […] Read more