Reading Time: 2minutes Demand is ongoing and prices are slowly rising for feed grains despite the war in Iran, said Brandon Motz, owner and manager of CorNine Commodities in Lacombe, Alta.
Reading Time: < 1minute Cash prices for feed barley and wheat continued to remain largely flat, said Susanne Leclerc of Market Master Ltd. in Edmonton.
Reading Time: 2minutes Feed grain prices have not yet been affected by rising fuel costs, but will continue to rise nonetheless, said a Lethbridge-based trader.
Reading Time: 2minutes Feed grain bids in Western Canada were showing strength in mid-March, as gains in crude oil spill into the agricultural markets.
Reading Time: < 1minute To Darcy Haley, vice-president of Ag Value Brokers in Lethbridge, there are two main reasons for recent increases for feed barley and wheat. Haley said on March 12 that there’s an ongoing lack of farmer selling, plus stiff competition from the grain companies looking to export barley.
Reading Time: 2minutes The export market is keeping feed grain prices firm for the time being, but the upcoming spring also means a potential weather market.
Reading Time: 2minutes Although there has been some upward movement in feed grain prices, particularly in Alberta, it’s not domestic demand that’s pushing them higher, said Jim Beusekom, president of Market Place Commodities in Lethbridge on Feb. 19.
Reading Time: 2minutes European Union barley exports could reach a 10-year high this season as brisk feed demand overseas and reduced competition from the Black Sea region help the EU to shift a large harvest.