feedlots Archives - Page 16 of 40

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Feed weekly outlook: Feedlots shopping for new-crop barley

By GFM Network News May 26, 2022

MarketsFarm — While corn imported from the U.S. was the grain of choice for Alberta feedlots for the past few months, feed barley has slowly become more in demand. Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta., explained that some feedlots were already having their cattle feed on grass as summer approaches. […] Read more

CME August 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

Livestock, Markets, Reuters

U.S. livestock: August live cattle, feeders ease on USDA report

Chicago lean hog futures firm

By Christopher Walljasper, GFM Network News May 21, 2022

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures were mixed on Friday, with the nearby contract firming while the most-active month eased, pressured by expectations of increased cattle placements in the U.S. Agriculture Department’s monthly assessment. U.S. feedlots held two per cent more cattle on May 1 versus the same time a year […] Read more

MGEX July 2022 spring wheat (candlesticks) with 20-day moving average (gray line), K.C. July 2022 hard red winter wheat (yellow line) and CBOT July 2022 wheat (orange line). (Barchart)

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Wheat far more expensive

By GFM Network News May 19, 2022

MarketsFarm — The price for feed wheat is exorbitantly much higher than for barley or corn, according to Jim Beusekom of Market Place Commodities in Lethbridge. While price reports into that area’s feedlot alley put feed barley at $465 per tonne and corn at $480, wheat is about $600, he said. Feed wheat “is trending […] Read more

Cow-calf producers should be aggressive and stock up on light weight calves.

Cattleman’s Corner, Livestock, Markets

U.S. feeder cattle supplies to tighten

Market Update with Jerry Klassen: Canadian calves will be in demand as U.S. feeder numbers could be down by nearly one million head by late 2022

By Jerry Klassen May 12, 2022

Alberta packers were buying fed cattle on a dressed basis in the range of $274-$276 during the third week of April. The Alberta fed market has been relatively flat over the past month. We mentioned in earlier issues that Alberta is contending with a severe backlog of market-ready supplies due to the year-over-year increase in […] Read more

CME June 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)

Livestock, Markets, Reuters

U.S. livestock: CME live cattle firm on strong packer demand

Export demand concerns drag on hogs

By Christopher Walljasper, GFM Network News May 9, 2022

Chicago | Reuters — CME live cattle futures firmed on Monday, supported by strong packer demand that supported cash prices, indicating a bullish outlook for summer month futures, analysts said. “Packer behaviour has been bullish for several weeks now. They are going after the cattle,” said Dennis Smith, commodity broker at Archer Financial. “I suspect […] Read more

Standing corn north of St. Adolphe, Man. on Sept. 19, 2021. (Dave Bedard photo)

Barley, Corn, Crops, Markets

Feed weekly outlook: Corn trading higher than barley

Seeding begins in Alberta

By GFM Network News May 6, 2022

MarketsFarm — Imported corn from the U.S. is still the grain of choice for feedlots in southern Alberta, despite the fact feed barley is at a slightly lower price right now. Corn traded on Wednesday at around $480 per tonne ($12.19 per bushel) in Lethbridge, said Jim Beusekom, president of Market Place Commodities in Lethbridge. […] Read more

Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Seeding on time in southern Alberta

By GFM Network News April 29, 2022

MarketsFarm — As southern Alberta still reels from the effects of last summer’s drought, one trader expects spring seeding for feed grains to be on time. “I think it should be on schedule this year,” said Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta. Planting has already started in some places around […] Read more

Calves are being sold sooner than expected while cow culling rates are higher than normal. Photo: Thinkstock

Finishers, Livestock, Markets

Klassen: Adverse weather tempers feeder cattle market

By Jerry Klassen, GFM Network News April 26, 2022

Compared to last week, western Canadian feeder cattle markets traded $3-$4 on either side of unchanged. Southern Alberta experienced severe wind and dust storms last week which softened buying interest from a large portion of feedlot operators. At the same time, grass conditions are quite variable across the Prairies despite the recent precipitation. Cooler temperatures […] Read more

Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: U.S. corn imports getting expensive

By GFM Network News April 22, 2022

MarketsFarm — As barley and wheat supplies for feed remain tight, demand for corn imports from the U.S. remains strong — but a rally in corn over the last couple of weeks is putting strain on the market, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. “It is definitely deterring sales and/or purchases […] Read more

Finishers, Livestock, Markets

Klassen: Yearling prices soften but calves drop sharply

By Jerry Klassen, GFM Network News April 20, 2022

Compared to last week, western Canadian yearling prices unchanged to $4 lower on average while calves were down $4 to as much as $8 in some cases. The steer-heifer spread appeared to widen by $2-$3 for yearlings and $3-$6 for calves. Adverse weather set a negative tone and the market appeared to incorporate a risk […] Read more

U.S. grains: Soy futures set six-week low as China buys Argentine cargoes, snubs U.S.

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

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

GFM Network News