Despite United States corn futures declining as of late, barley is still the preferred feed grain at feedlots in southern Alberta, said a trader.
Tag Archives feedlots
Feed Grain Weekly: Corn prices drop, barley favoured
Feed Grain Weekly: Prices ‘percolating sideways’
Transportation issues push up barley prices
As winter conditions descended on Alberta, prices for feed grains bumped up a little, but were otherwise "percolating sideways," stated Jim Beusekom of Market Place Commodities in Lethbridge.
Feed Grain Weekly: Barley preferred over corn at feedlots
Barley seems to be the preferred grain over corn at feedlots in the Lethbridge, Alta.-area during the week ended Nov. 7, 2024.
Corn in western Canadian feedlot diets
The production risk still must be bred out of Prairie-grown corn before it can reach its full potential in feedlots
Corn acreage is expanding across Canada. There are about 25 acres of corn for every acre of barley in Ontario and Quebec, where temperatures, day length and moisture allow predictable corn yields and feed quality. There are around eight acres of barley for every acre of corn in the Prairies, although ambitious breeding efforts are […] Read more
Feed Grain Weekly: Less activity before corn deliveries
Despite a lack of activity in the feed grain markets, prices for feed barley and feed grain are trending lower, according to a grain broker from Edmonton.
Lower feedlot placements support cattle market
Cow-calf producers should think about selling calves in late summer versus fall
During the last week of April, Alberta packers were buying fed cattle on a live basis in the range of $256-$258 per hundredweight delivered, up $18/cwt from three weeks earlier. Alberta fed cattle basis levels have strengthened as market-ready supplies tighten. In Kansas and Texas, live sales, f.o.b. feedlot, were reported at US$182/cwt, down US$3/cwt […] Read more
Seasonal trends underpinning feed grains for now
Feed barley bids in Western Canada continue to find some support as the calendar turns to spring, with seasonal road restrictions lending some nearby support to prices.
Feed barley under pressure, but opportunities available
Corn downturn likely to keep feedlots looking to extend coverage
Feed barley bids in Western Canada remained under pressure in mid-February amid continued imports of corn from the United States and the relatively mild Prairie winter. However, localized spot opportunities do pop up occasionally.
Feed grain weekly outlook: Buyers looking towards springtime
Analysts suggest farmers will grow less barley
Feedlots continued to purchase corn imports from the United States, putting pressure on feed barley and wheat prices in Western Canada. However, the prospective of fewer planted acres this spring could give prices a boost.
Klassen: Yearling return to the lineup on strong demand
Frigid temperatures result in limited volumes
The market hasn’t missed a beat and started the year where it left in December. The only difference is there are larger supplies of yearlings coming on stream. The benchmark levels had backgrounded steers averaging 1,000 pounds trading from $280-$285/cwt with top bids rounding at $290/cwt. Steers averaging 850-pounds were averaging $300/cwt with top-notch larger groups peaking at $305.
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