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Crops, Markets

Feds predict three per cent increase in canola acres

Stocks nevertheless expected to tighten

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MarketsFarm — Canadian farmers will seed more canola in the upcoming 2021-22 crop year, but solid demand will still cause ending stocks to tighten, according to the first new-crop supply/demand projections from Agriculture and Agri-Food Canada (AAFC), released Monday. The department forecast seeded canola area in the spring of 2021 at 21.37 million acres, up […] Read more
Columns, Crops

Faked fuzz facts on fusarium

The real story of Alberta’s fusarium head blight control program

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Fusarium head blight (FHB) of wheat, barley, oat, rye and triticale caused by Fusarium graminearum is the most destructive disease of cereals in Western Canada right now. This fungus is also a destructive disease on corn, particularly in Ontario and the United States, where it is the exact same disease that we have on small […] Read more
Barley prices, and feed grains in general are expected to remain strong or high going into 2021, which can be a good or bad thing depending on which side of the feed bunk you are standing on.
Cattleman’s Corner, Feed markets, Markets

Strong barley prices will continue in 2021

Market Update with Jerry Klassen: Weather-related impacts and greater demand are key factors

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I’ve received many inquiries from cattle producers regarding the feed barley outlook for the remainder of the 2020-21 crop year. Barley prices have rallied nearly $80 per metric tonne (mt) from the harvest lows. There is an old saying among commodity traders that markets are understood looking backwards but have to be traded looking forward. […] Read more
Barley, Crops, Markets

Feed weekly outlook: Offshore demand still lifting Prairie barley

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MarketsFarm — Solid offshore demand for Canadian barley remains the key driver in the domestic feed market, keeping prices high. “It’s certainly not driven by southern Alberta, it’s driven by Vancouver and the export business,” said Allen Pirness, of Market Place Commodities in Lethbridge, on the continued strength in barley bids. Typically, arbitrage opportunities would […] Read more
Livestock, Markets, Reuters

U.S. livestock: Lean hogs climb on falling grain futures

April live cattle close lower

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Chicago | Reuters — CME Group lean hog futures climbed Wednesday, supported by lower feed grain futures and expectations the U.S. herd will shrink moving into the spring, traders said. CME’s most-active April lean hogs added 1.65 cents to close at 73.075 cents/lb., while the spot February contract strengthened 1.95 cents to end at 68.425 […] Read more
Beef Cattle, Livestock, Markets

Ontario calls off final intake for beef set-aside

'Threshold not met' for further cattle intake

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Ontario has called off the last intake for its federal/provincial beef cattle set-aside program. The Beef Emergency Feed Maintenance Initiative, an AgriRecovery program launched after the temporary shutdown of Cargill’s beef slaughter plant at Guelph, was to have its “final potential intake week” opening Monday (Jan. 18), for cattle to be set aside starting Jan. […] Read more
Crops, Markets, Peas, Pulses

Pulse weekly outlook: Green, yellow pea prices reach parity

Lower-priced green peas meet upwardly-mobile yellows

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MarketsFarm — Yellow and green pea prices in Western Canada have taken divergent paths to start 2021, with yellow peas on the rise and greens declining as values reach parity in many locations. Mike Jubinville of MarketsFarm Pro explained that while Canada’s pea exports suffered under yellow pea import restrictions implemented by India, China later […] Read more

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