Even before tariffs were imposed by United States President Donald Trump on March 4, the levies were having an impact on Western Canadian feed grain prices, said Jay Janzen of CorNine Commodities in Lacombe, Alta.
Movement in feed grain prices remained largely at a standstill across Western Canada due to the looming threat of tariffs by the Trump administration, said Susanne Leclerc of Market Master Ltd. in Edmonton.
Domestic feed barley and United States corn imports are pretty much the same price in Western Canada, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.
Feed grain prices on the Canadian Prairies very likely will not change much in the coming weeks, stated Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.
As January began, feed grain prices on the Canadian Prairies remained lower and are likely to stay that way until spring, commented broker Evan Peterson of JGL Commodities in Saskatoon.
Demand for feed grains continued to hold up fairly good with ongoing dry conditions on the Canadian Prairies not having much of an impact on prices, said Brandon Motz, a manager at CorNine Commodities in Lacombe, Alta.
MarketsFarm -- As dry conditions continued to take root across much of the Canadian Prairies, feed grain prices have for the most part been climbing, according to Susanne Leclerc of Market Master Ltd. in Edmonton. "The futures are coming up on quite a few commodities, so the prices have been coming up slightly," Leclerc said[...]
The National Farmers Union denounced the approval of the Bunge-Viterra merger in a statement released on Jan. 17. The NFU said the multi-billion dollar deal “effectively ends competition in Canada’s agricultural commodity sector,” as it creates the world’s largest agricultural commodity trader, and it will control 40 per cent of the Canadian grain market.
Ongoing tariff uncertainty continues to curtail demand in the feed sector across the Canadian Prairies, said broker Evan Peterson of JGL Commodities in Saskatoon.