Cereals & Production Tips

Feed weekly outlook: Fuel, other factors to affect grain prices

By GFM Network News March 11, 2022

MarketsFarm — As fuel prices continue to rise due to Russia’s invasion of Ukraine, surcharges for grain shipments are also increasing — leaving many to wonder about feed grain costs moving forward. “I think we will be seeing an effect coming up,” said Brandon Motz, owner and sales manager of CorNine Commodities at Lacombe, Alta. […] Read more

Crops, Markets, Reuters, Spring Wheat

Italian ministry tells firms to source durum from Canada

By Reuters, GFM Network News March 10, 2022

Rome | Reuters — In the wake of Russia’s invasion of Ukraine, Italian firms can source durum wheat from Canada, the Italian industry ministry said in a statement following meetings on Wednesday with various firms and associations. The statement added that alternative suppliers for clay, iron and sunflower seeds had not yet been found. Ukraine […] Read more

Barley, Beef Cattle, Livestock

Klassen: Surge in feed grain prices shocks feeder cattle market

By Jerry Klassen, GFM Network News March 9, 2022

Compared to last week, western Canadian yearling markets traded $3-$5 lower on average. Feeder cattle weighing 650 to 800 lbs. were relatively unchanged to $3 lower. Calves under 650 lbs. were steady to $4-$6 lower in Alberta, unchanged in Saskatchewan and $3-$5 higher in Manitoba. Fleshier yearlings and calves were heavily discounted last week with […] Read more

Bread is baked at Erbil in northern Iraq in March 2003. (Photo courtesy United Nations Oil-for-Food Program, www.un.org/Depts/oip/)

Crops, Markets, Reuters, Spring Wheat, Winter Wheat

Iraq to create strategic wheat reserve

By Reuters, GFM Network News March 8, 2022

Reuters — Iraq will allocate US$100 million to urgently purchase wheat and create a strategic reserve by importing three million tons of the grain, the commerce minister said in a statement on Monday. “The ministry has a plan to achieve food security for citizens and to address the global rise in food prices due to […] Read more

Barley, Crops, Markets

Low demand for barley keeps prices stable

Wheat's volatility not reflecting onto barley values

By GFM Network News March 7, 2022

MarketsFarm — Unlike the dramatic leaps wheat prices have made since the Russian invasion of Ukraine 12 days ago, malt barley prices have moved very little, according to Kris Moric of Johnston’s Grains in Calgary. Wheat “is not pulling barley prices with it, as far as we can see on our end,” Moric said, noting […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Russia-Ukraine conflict fuels price rallies

U.S. wheat futures way up on week

By GFM Network News March 5, 2022

MarketsFarm — Russia’s ongoing invasion of Ukraine has not only sparked a conflict between two of the world’s major wheat exporters, but also limit-up price rallies for wheat futures during the week ended Thursday. As sanctions grow against Russia, as well as uncertainty over access to Ukrainian ports on the Black Sea, fears of a […] Read more

Aerial view of AGT Foods’ pulse plant at Aberdeen, Sask. (AGTFoods.com)

Crops, Oats

AGT building oat milling plant in Saskatchewan

By Dave Bedard, GFM Network News March 4, 2022

Regina pulse processor AGT Foods plans to bulk up its portfolio in the plant-based ingredients business with a new oat milling operation in central Saskatchewan. The company on Thursday announced it would start construction “immediately” on the new operation, to be housed in an expansion of its existing processing plant just east of Aberdeen, about […] Read more

Cereals, Corn, Crops

Feed weekly outlook: Rising oil prices increase freight charges

By GFM Network News March 3, 2022

MarketsFarm — Acquiring livestock feed has been increasingly expensive as Russia’s ongoing invasion of Ukraine, and a retaliatory ban on Russian oil imports by many Western nations, has caused oil prices to severely rise every day. As corn imports from the U.S. continue to make their way into Alberta feedlots, the cost to transport them […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Spring wheat bids higher, activity choppy

By Phil Franz-Warkentin, GFM Network News February 26, 2022

MarketsFarm — Spring wheat bids across Western Canada moved higher during the week ended Thursday as gains in U.S. futures and a weaker tone in the Canadian dollar provided support. Russia’s invasion of Ukraine contributed to gains in wheat futures, but the volatile situation led to large price swings in the markets with values backing […] Read more

Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Prices steady, but changes coming

Feedlots moving to full corn rations

By GFM Network News February 25, 2022

MarketsFarm — With feed barley and wheat supplies on the verge of running out, prices remain firm, according to Mike Fleischhauer of Eagle Commodities in Lethbridge. “They’re on the positive side of stationary,” he said, noting prices could soon change following the Russian invasion of Ukraine on Thursday. “With what’s going on with Ukraine and […] Read more

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

GFM Network News