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.
Western Canadian cash prices for spring wheat and amber durum were mixed during the week ended March 6. Declines in the United States wheat complex weighed on Prairie cash prices, as did a stronger Canadian dollar.
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.
Western Canadian cash prices for spring wheat and amber durum were mixed during the week ended April 3. While upticks in the United States wheat complex lent support, concerns over the worldwide reciprocal tariffs announced by President Donald Trump on April 2 generated a lot of uneasiness in the markets.