There were few price changes for feed grains at the start of May, according to an Alberta-based trader. However, seasonal trends will pressure prices in the coming months.
Feed prices on the Canadian Prairies have slipped over the last week and are poised to remain flat to the end of the year, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.
There is still some buying activity at feedlots despite some cattle already being put out to pasture for the summer months, according to Susanne Leclerc at Edmonton-based Market Master Ltd.
Feed grain prices in Alberta moved lower following recent rains, said Susanne Leclerc, owner of Market Master Ltd. in Edmonton. However, she suggested prices could increase prior to the coming harvest.
Saskatchewan Premier Scott Moe is ready to turn the page and start working with Prime Minister Mark Carney on important shared issues for Saskatchewan and Canada, including agricultural issues, such as providing regulatory certainty in the renewable fuels market.