Glacier FarmMedia — Feed prices for barley and wheat have pulled back a little following an upward swing that started in November and ended in early December, said Travis Ebens of CorNine Commodities in Lacombe, Alta.
“We did see a little bit of demand come into the market, but that seems to have fizzled out now,” Ebens said. “It’s kind of gone quieter again.”
Ebens said feed barley is at C$265 to C$270 per tonne delivered Lethbridge, noting it had been around C$275 not that long ago. Feed wheat was in much the same boat, with its prices hitting C$275 and now it “has backed off a few bucks as well,” he said.
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There continued to be some quantities of United States corn being imported into Western Canada. Ebens said it’s at C$285 to C$290/tonne delivered to farms in southern Alberta.
There have been two major factors in bringing down feed grain prices, one is the recent Statistics Canada report that showed large harvests this year. The other, Ebens said, is the low number of cattle available at the auctions.
Some price movement
Prairie Ag Hotwire said feed barley across the region was steady to slightly higher. For the week ended Dec. 17, Alberta saw a bump up of four cents at C$4.35 to C$5.99 per bushel delivered and there was a six-cent increase in Manitoba at C$4.25 to C$4.55. Prices in Saskatchewan were unchanged at C$4.46 to C$4.75 delivered.
As for feed wheat, the Hotwire reported prices were narrowly mixed, led by a five-cent uptick in Alberta at C$5.84 to C$7.62/bu. delivered. Saskatchewan prices were firm at C$6.88/bu., while they dipped a nickel in Manitoba at C$5.71.
