GFM Network News


Feed weekly outlook: Offshore demand still lifting Prairie barley

MarketsFarm — Solid offshore demand for Canadian barley remains the key driver in the domestic feed market, keeping prices high. “It’s certainly not driven by southern Alberta, it’s driven by Vancouver and the export business,” said Allen Pirness, of Market Place Commodities in Lethbridge, on the continued strength in barley bids. Typically, arbitrage opportunities would […] Read more

Feed weekly outlook: Barley, wheat prices very likely to increase

Increases seen tied to rising U.S. corn

MarketsFarm — Two Alberta traders believe strong feed grain prices will continue to push higher over the next week of January, with much of the upswing tied to the rise in corn prices in the U.S. “As corn edges higher, becoming the preferred direct replacement to barley, your barley floor comes up and wheat starts […] Read more


Feed weekly outlook: Export demand supports prices

MarketsFarm — Feed grain prices remain strong into the winter, due to steady feedlot demand and solid export activity. Brandon Motz of CorNine Commodities at Lacombe, Alta. said feedlots have freed up some pen space after COVID-19 shutdowns created backlogs, but demand remained steady. “There’s more pen space in southern Alberta, compared to other years,” […] Read more

Prairie cash wheat: Choppy U.S. futures lead to mixed bids

MarketsFarm — Spring wheat bids in Western Canada were mixed during the week ended Thursday, as choppy activity in U.S. futures spilled into the cash market. The futures traded within a wide range during the week, with the Minneapolis March spring wheat contract hitting its highest level in three weeks at one point before falling […] Read more


Feed weekly outlook: Barley bids firm as feeders seek coverage through spring

MarketsFarm — Feed barley bids held firm through November in Western Canada, with higher prices for deferred delivery as feedlots work to secure supplies in the face of solid export demand. Spot feed barley bids in the Lethbridge, Alta. area have held in the $270-$275 per tonne range through November, said Jim Beusekom of Market […] Read more




Feed weekly outlook: Prairie grain market steady, for now

MarketsFarm — The feed grain market in Western Canada remains firm for the time being, but the uncertainty of outside influences makes it difficult to predict where values will go from here. “It is so hard to gauge,” said Susanne Leclerc, owner of Market Master Ltd. in Edmonton, adding “I don’t think anybody can predict […] Read more


Feed weekly outlook: Prices plateauing

MarketsFarm — While prices for feed grains have risen over the last month along with several other commodities, they’ve now declined a little bit, according to Erin Harakal, senior trader with Agfinity in Stony Plain, Alta. “For short-term movement like November-December we’ve seen them come off the most compared to the late-January/early-March time frame,” she […] Read more

Feed weekly outlook: Demand keeps Canadian barley well supported

MarketsFarm — Solid demand continues to keep feed barley bids in Western Canada well supported, as end-users work to secure supplies in anticipation of tightening stocks going forward. “Competition for barley is coming from every which direction: grain companies exporting barley, feedlots trying to cover barley, and grain companies trying to cover feedlots,” said Jim […] Read more