GFM Network News

A few more thoughts on the barley market

A few more thoughts on the barley market

Market Update with Jerry Klassen: Price good for barley growers, feeders aren't so thrilled

Over the past month I’ve received many inquiries about the market outlook for feed grains, especially barley. Earlier in winter, I provided an overview of the fundamentals. Canadian barley stocks at the end of the 2020/21 crop year have potential to drop to historical lows due to the increase in export and domestic demand. China […] 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.

Strong barley prices will continue in 2021

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

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

Canadian Financial Close: Canadian dollar steady

By MarketsFarm WINNIPEG, May 22 (MarketsFarm) – The Canadian dollar rallied after previous losses, to close steady on Wednesday. The Canadian dollar closed at US$.7457 or US$1=C$1.3410, up from Tuesday’s close of US$.7455 or US$1=C$1.3413. The S&P/TSX Composite Index lost 99.12 points to close at 16,327.35, falling 0.60 per cent thanks to lagging shares in […] Read more

Durum, red spring wheat heading to prairie feed market

By Glen Hallick, Commodity News Service Canada WINNIPEG, Nov. 22 (CNS Canada) – Over the last few weeks there has been very little price fluctuation for feed grain prices according to one Alberta-based commodities trader. Jim Beusekom, president of Market Place Commodities in Lethbridge, Alta. said corn has been getting C$245 to C$250 per tonne. […] Read more

The feeder cattle market remains firm heading into fall, says Jerry Klassen.

Cattle producers eyeing feed grain prices

Market Update: Feeding expected to get more expensive — something has to give

Feedlot operators have had a very strenuous spring and summer. Margins have been hovering in negative territory while feed barley prices have been percolating higher. Feeder cattle prices are actually higher than year-ago levels despite the strong feed grain prices and a year-over-year increase in the U.S. calf crop. The Canadian dollar has been trading […] Read more

May feeder cattle minus October live cattle daily chart.

Looking at the feed grain component

Risk Management Part 5: More feeder cattle equals more feedlot placements, equals larger beef production

With this final article for the series on risk management for cow-calf producers, I note the previous columns discussed a specific aspect of the cash and futures market relationships. Producers are aware of when basis and futures levels are favourable and can use this information for buying price insurance or placing hedges on the feeder […] Read more

Feed Grains: Ukraine barley exports down

By Commodity News Service Canada Winnipeg, Jan. 17 (CNS) – Following are a few highlights in the Canadian and world feed grains markets for Wednesday, Jan. 17. December barley exports from Ukraine are down, according to a story from UkrAgroConsult. According to preliminary information from market participants’ barley exports were at 70.6 million tonnes, which […] Read more