As the spring harvest ramps up, more and more grain will be making its way to the feed market, according to Glen Loynes of JGL Commodities in Moose Jaw, Sask.
“We’re going to see a lot of it in the next week or so,” Loynes said, noting it’s too early to be certain about the quality of the grains.
“I’ve heard everything from ‘it’s pretty bad’ to wheat that’s still making grade,” he added.
Loynes said there is a good amount of overwinter crops to be combined in northern Alberta, with more throughout the rest of the province as well as in Saskatchewan that’s likely to be harvested by next week.
Despite the spring harvest adding to the supply and the COVID-19 pandemic causing havoc throughout the markets, prices have managed to hold up for now, he said.
Feed barley prices remained largely steady over the last week, according to Prairie Ag Hotwire. Barley delivered in Saskatchewan was $3.54 to $4.18 per bushel, $3.80 to $4.05 in Manitoba, and $3.85 to $5.08 in Alberta.
Feed wheat in Saskatchewan was $4.92 to $5.80 per bushel, $5.50 in Manitoba and $5 to $6.80 in Alberta.
As for the shutdown of several meat-packing plants in the United States and Canada, Loynes didn’t know what could be in store for feed grains.
“We are in uncharted territory,” he remarked.