Lethbridge Archives - Page 3 of 5

Feed weekly outlook: Durum, red spring wheat head to feed market

By GFM Network News November 22, 2018

CNS Canada — Feed grain prices have fluctuated very little over the past few weeks according to one Alberta-based commodities trader. Jim Beusekom, president of Market Place Commodities in Lethbridge, said corn has been getting $245-$250 per tonne. There is plenty of corn available in the U.S. and its price is often the cap on […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market waiting for direction

By Jerry Klassen, GFM Network News September 10, 2018

Average western Canadian feeder prices were relatively unchanged from week-ago levels; however, the yearling market in southern Alberta traded $3-$5 higher as feedlot operators focused on sourcing local cattle. High-quality yearlings are coming on the market and steady demand was evident across the Prairies. Strength in the deferred live cattle futures along with the deterioration […] Read more

Barley, Corn, Crops, Markets

Feed weekly outlook: Lethbridge feedlots buying U.S. corn

By GFM Network News September 6, 2018

CNS Canada — As barley prices climb, feedlots around Lethbridge have found a cheaper feed option: corn from the U.S. “Price has (pushed feedlots to buy corn). Barley, it’s probably $4, $5 a tonne higher than corn price right now. And the cattle feeder can source corn quite easily and more economically than barley,” said […] Read more

Barley south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Barley, Crops, Markets

Feed weekly outlook: Barley exports could signal market strength

By GFM Network News July 19, 2018

CNS Canada — Jeff Nielsen, a director with Alberta Barley, expected barley exports to make a strong showing. Numbers recently posted by the Canadian Grain Commission confirmed the good news he had been waiting for. “We kind of had an inkling they were going to be good and high and yeah, it just reaffirms it. […] Read more

Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Optimism takes pressure off Prairie grains

By GFM Network News June 14, 2018

CNS Canada — Following recent rains across Western Canada, producers have opened their bins and are selling grain again for feed, taking some pressure off of the market. “It’s some relief from the rain that’s happened across the Prairies in the last two weeks. It’s allowing producers to comfortably sell the rest of their old-crop […] Read more

Crops

Cargill upgrading rail loading at Lethbridge

By Grainews Staff, GFM Network News May 10, 2018

Agrifood firm Cargill is reworking the site layout and expanding its rail loading capacity at its grain elevator in the Lethbridge city limits. The company recently announced a $20 million project to “more than double” the loading capacity at the Lethbridge elevator, from 56 to 134 cars. “The industry standard for rail capacity is increasing, […] Read more

Crops, Markets

Feed weekly outlook: Grain supply starting to dry up

By GFM Network News March 22, 2018

CNS Canada –– As the winter ends, supply is getting tight for feed grains in Lethbridge’s feedlot alley. “We’re seeing a little bit of a pullback on prices on most commodities in anticipation for making sure everything gets out before road bans,” said Brandon Motz, sales manager at CorNine Commodities at Lacombe, Alta. The feed […] Read more

Barley, Cereals, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Prairie feed grain prices on rise

By GFM Network News March 1, 2018

CNS Canada — Prices are rising for feed grains in Lethbridge, with buyers starting to consider their options. “Seems every day this last week we’re surprised at higher offers being triggered than the day before,” said Jared Seitz, trade manager with Agfinity Inc. In Lethbridge, feed barley bids last week were at $5 per bushel […] Read more

Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Alberta prices see wide range

By GFM Network News February 8, 2018

CNS Canada — A tale of two markets is emerging in Alberta as feed users in the south take advantage of cheap corn trucked in from Manitoba, while users farther north pay higher prices. “As far as Red Deer north goes, it’s quite different than feedlot alley,” said Joseph Billett, general manager of Agfinity in […] Read more

Crops, Markets

Feed weekly outlook: Demand shifting at Alberta feedlots

By GFM Network News February 1, 2018

CNS Canada — Demand has shifted at Alberta feedlots this year with more forward contracting and less business taking place in the spot market, according to an analyst. “In a lot of years we’ve seen the demand has stayed in the spot market but this year there were more forward purchases that were done by […] Read more

U.S. grains: Corn rebounds from contract lows on short covering, bargain buying

U.S. livestock: Cattle futures come down from highs

Entomologist tests trap crops and marigolds to repel flea beetles at an Ag in Motion

GFM Network News