Canada has far fewer green peas than the government is reporting, says an analyst. “Purely from a price perspective, markets believe the Canadian harvest was smaller than estimated by Statistics Canada,” Stat Publishing noted in a recent article.
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 tariff issues continue to hover around the globe, there has been a sharp reduction in the number of cattle in Canadian feedlots, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge. And that has reduced the demand for feed grains in Western Canada to a trickle.