Rising corn prices in the United States could provide support for feed grains in Western Canada, although the current price spread remains conducive for imports of U.S. corn into Canadian feed channels.
Barley
Prairie feed grains market watching U.S. corn
Manitoba harvest nearly done, only corn/sunflowers left
Harvest operations across Manitoba are nearly complete, with only sunflowers and corn still left to come off the fields, according to the latest provincial crop report for the week ended Oct. 22.
Saskatchewan Crop Report: Provincial harvest 99 per cent finished
Saskatchewan's 2024 harvest will be completed in a matter of days, according to the province's weekly crop report.
Feed Grain Weekly: Less activity before corn deliveries
Despite a lack of activity in the feed grain markets, prices for feed barley and feed grain are trending lower, according to a grain broker from Edmonton.
Canadian Grain Commission predicts financial shortfall
In a release Oct. 16, the organization said that “Since the Canadian Grain Commission reduced its official inspection and weighing fees in 2021, the organization has inspected and weighed lower-than-expected grain volumes, leading to a gap between revenue and costs.”
Manitoba yields exceed expectations
Recent yield estimates rose above Statistics Canada forecasts
Manitoba yields are exceeding Statistics Canada expectations, including the possibility of record soybean yields and a barley crop that blows forecast estimations out of the water.
Feed Grains Weekly: Prices higher, likely to continue upward trend
Feed grain prices on the Canadian Prairies have been pushing higher and are likely to continue on that upswing for now, said CorNine Commodities Ltd. trade manager Travis Ebens.
Manitoba crop report: Most of the harvest off the field
Combining in Manitoba advanced 12 points at 85 per cent complete for the week ended Oct. 7. While some crops made great amounts of progress, others did not. The largest gains were made in the province's soybean and flax harvests as they are up 41 points apiece at 70 and 61 per cent finished respectively.
Alberta harvest well ahead of five-year average
Progress hits 85 per cent complete
Harvest progress in Alberta reached 85 per cent complete as of Oct. 1, progressing 11 points on the week, according to the latest provincial crop report.
Feed Grains Weekly: Feed prices stabilizing, but weight an issue
Prices for feed barley in Western Canada have stabilized over the past week, although low bushel weights were leading to discounts.
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