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Barley

Feed grain outlook lifts feeder cattle market
Cattleman’s Corner

Feed grain outlook lifts feeder cattle market

Market Update with Jerry Klassen: The outlook for corn in U.S. and Brazil is for near-record production

By
The April 2024 live cattle futures have been trading near historical highs. As of early March, the contract was at $172.85/cwt. The live cattle futures are the feeder cattle futures five months forward. While the April live cattle futures are making fresh all-time highs, the November feeder cattle futures have been trading around $220/cwt. The […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder market eyes feed grain complex

Downside expected in new-crop barley prices

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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 […] Read more
Canada Malting’s processing plant in Montreal. (CanadaMalting.com)
Barley, Crops, Reuters

France’s InVivo makes bid for United Malt

Bid would include Canada Malting business

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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 […] Read more
Manufactured in Saskatoon, Sask., the Redekop Seed Control Unit can be fitted onto the back of a combine to provide harvest weed seed control.
Equipment, Features

Use multiple strategies to control weeds in your crops

Rising herbicide resistance means it’s time to broaden your weed control arsenal with chemical, mechanical and non-chemical methods

By
Herbicides have long been the go-to solution for Prairie grain producers fighting weed infestations. Over time, it has led to widespread resistance development in many weed species and a shrinking list of chemical options for controlling pervasive weeds like kochia and wild oats that have become resistant to multiple modes of action in recent years. […] Read more
Precision AI’s drone is powered by a hybrid gasoline-electric engine, which provides up to two hours of flight time.
Equipment, News

Green-on-green tech prepares for airborne launch

A Saskatchewan-based startup is testing precision drone spraying on the Prairies this spring, but there’s no word yet on a regulatory framework to allow full commercialization

By
There are a growing number of options for green-on-green herbicide spray application technologies available to farmers. Companies like John Deere, BASF and Bilberry are using artificial intelligence and advanced computer vision to develop green-on-green spot sprayers, some of them capable of functioning autonomously. What about an autonomous, green-on-green spot sprayer that flies? It might sound […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Domestic grain prices slipping

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

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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, […] Read more
(Dave Bedard photo)
Barley, Crops, Markets

Little change in barley acres expected

Malt barley prices mainly steady

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MarketsFarm — As spring planting approaches, Peter Watt of the Canadian Malting Barley Technical Centre (CMBTC) said there likely won’t be a big shift in barley acres that will be planted in 2023. “Producers have made their [planting] decisions for the most part. You might see people adjust their plans a little bit based on […] Read more
bull
Cattleman’s Corner

Getting bulls prepped for breeding season

Bulls in optimum body condition have high sperm count and sex drive at breeding

By
Beef bulls are prepared in different ways before the upcoming breeding season. Some are ignored, maybe left on some distant stubble field or in a drylot pen, and inadequately fed. Other bulls are fed too well, so they waddle with fat. The rest are properly prepared for the breeding season, putting them in the best […] Read more
Barley. (Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Grains wait for demand to pick up

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

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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, […] Read more
There will be a sharp year- over-year decline in U.S. beef production in the second quarter of 2023.
Cattleman’s Corner, Cow-Calf, Livestock

Lower cattle supplies will be the theme for 2023

Market Update with Jerry Klassen: Consumers keep buying despite inflation and high interest rates

By
As of mid-February, Alberta packers were buying fed cattle in a live basis in the range of $195-$196/cwt delivered, up $10/cwt from 30 days earlier. The market had been percolating higher due to tighter supplies of market-ready fed cattle. Dressed cattle marketing weights have been declining on both sides of the border, giving the feedlot […] Read more

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