feedlots Archives - Page 13 of 40

Feed weekly outlook: Barley, wheat prices pull back

Truck shortage 'hasn't gotten any better'

By GFM Network News December 15, 2022

MarketsFarm — Prices for feed barley and wheat are coming down on the Prairies, said Susanne Leclerc of Market Master Ltd. in Edmonton — and a big part of that trend is the lack of demand for either commodity. “Buyers are fairly well covered. There seems to be a lack of desire for buyers to […] Read more

CBOT March 2023 oats with 20- and 50-day moving averages. (Barchart)

Cereals, Crops, Markets

Feed weekly outlook: Wheat, barley eschewed for other grains

Oats, corn finding demand as feed

By GFM Network News December 9, 2022

MarketsFarm — Feed wheat and barley prices in Alberta’s feedlot alley are coming down, largely due to the increasing presence of corn imported from the U.S. The high-delivered bid for Alberta feed barley on Wednesday was $9.80 per bushel, 11 cents lower than the previous week and 22 cents lower than one month earlier, according […] Read more

While the fed cattle market has held value, the feeder market has come under pressure.

Beef Cattle, Cattleman’s Corner, Markets

Prairie feeder outlook bullish in the long term

Market Update with Jerry Klassen: Prices are encouraging many Canadian producers to keep replacement heifers

By Jerry Klassen December 5, 2022

During the first half of October, Alberta packers were buying fed cattle on a dressed basis in the range of $300-$305 delivered. Using a 60 per cent grading, this would equate to $180-$183/cwt on a live basis. For March and April delivery, Alberta packers have been forward contracting in the range of $345-$350 cwt on […] Read more

Barley, Corn, Crops, Markets

Feed weekly outlook: Looming corn imports to keep lid on Prairie barley

By Phil Franz-Warkentin, GFM Network News December 2, 2022

MarketsFarm — Large shipments of corn from the U.S., slated for delivery to Alberta’s feedlot alley, should keep domestic barley prices under pressure going forward, according to an analyst. “The barley price here will gradually decline,” said Errol Anderson of Pro Market Communications in Calgary, adding that up to 30 unit trains of U.S. corn […] Read more

CME August 2023 live cattle (candlesticks) beneath CME December 2023 live cattle (top line), The spread between the two has been influencing the price structure for calves, Jerry Klassen writes. (Barchart)

Finishers, Livestock, Markets

Klassen: Stronger deferred live cattle futures support feeder market

Fall run seen moving into final stages

By Jerry Klassen, GFM Network News November 22, 2022

Compared to last week, western Canadian calf markets traded $5 lower to as much as $3 higher. Quality groups of heifers weighing 550-700 lbs. were notably $2-$3 higher and this was largely due to lower supplies of steers. Weather conditions improved in southern Alberta, which was supportive; however, buyers were cautious. Quality pre-conditioned calves held […] Read more

CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: CME live cattle up on firm cash, speculative buying

February lean hogs end lower

By Julie Ingwersen, GFM Network News November 19, 2022

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) hit the highest in nearly three weeks on Friday, supported by firm cash cattle markets and what appeared to be speculative buying, analysts said. Most-active CME February live cattle futures settled up 0.45 cent at 155.85 cents/lb. after reaching 156.125 cents, the […] Read more

Cereals, Crops, Markets

Feed weekly outlook: More corn, oats in feed rations

'Very weird situation to be seeing again'

By GFM Network News November 17, 2022

MarketsFarm — As prices for feed barley and wheat increase, more feedlots are turning to corn, according to Susanne Leclerc of Market Master Ltd. at Edmonton. “A lot of places are switching to corn. The desirability of feed barley has been coming down,” she said. “So it will be interesting to see which way the […] Read more

Finishers, Livestock, Markets

Klassen: Tighter supplies underpin western Canadian feeder market

Weather conditions may sway buying interest

By Jerry Klassen, GFM Network News November 8, 2022

Compared to last week, western Canadian yearling prices were unchanged to $4 higher. Heavier calves notched a week-over-week gain of $2-$4. Mid-weight and lighter calves traded steady to $5 lower in Alberta but $4-$5 on either side of unchanged in Saskatchewan and Manitoba. Yearling numbers were limited and buyers paid up for quality packages while […] Read more

Cereals, Markets

Feed weekly outlook: Tight logistics underpinning Prairie feed market

By GFM Network News November 4, 2022

MarketsFarm – Canada’s barley crop may have improved considerably in 2022 compared to 2021’s drought-stricken crop, but the logistics of getting that grain to Alberta’s feedlot alley are keeping prices well supported. Canada grew 9.4 million tonnes of barley during the 2022 growing season, which was up by 35 per cent from the previous year. […] Read more

Corn west of Mitchell, Man. on Oct. 17, 2018. (Dave Bedard photo)

Barley, Corn, Crops, Markets

Feed weekly outlook: Corn imports pressure grain prices in Lethbridge

By GFM Network News October 20, 2022

MarketsFarm — With harvesting operations winding down, high-delivered bids for feed barley and wheat in Alberta are higher compared to the same time last month and last year. However, there is still some volatility in feed grain prices, according to one Lethbridge-based trader. “I think most (of the increase) was (due to) demand, but as […] Read more

U.S. livestock: Hogs rally ahead of USDA report

Canadian Barley Research Coalition pledges $1.8 million to USask Crop Development Centre

Pulse Weekly: More peas, lentils in Alberta

GFM Network News