Glacier FarmMedia – There has been some movement in feed grain prices across the Canadian Prairies during the week ended Apr. 3, particularly in Alberta. Susanne Leclerc of Market Master Ltd. in Edmonton chalked that up to factors such as road bans and the approach of spring seeding. She also noted a change in corn.
“Buyers seemed to have not bought as much corn as they have in the past. That’s created a little bit more opportunities for barley,” she said.
“But who knows how long it will continue?” Leclerc added, suggesting this is a good time to secure pricing for feed grains.
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“We are definitely in a weather market right now. There has been a little bit of a scare as to how dry it is,” she continued, noting the dryness across most of the Prairies could continue or there might be sufficient rain in time for seeding.
Leclerc also pointed out that most resellers are covered off and any feed grains acquired were being picked up in the yard. For the Edmonton area she cited feed prices for barley at C$5.35 to C$5.45 per bushel picked up.
“It’s very interesting that a lot of people have covered it on paper and still need the physical product,” Leclerc stated.
As for wheat, she said its feed market has not been very active as there remained a lot of corn still available. Also, the export markets for peas and flax have been busier than usual.
Prairie Ag Hotwire reported feed barley prices were steady to higher across Western Canada as of Apr. 3. Old crop prices held firm in Manitoba at C$4.76 to C$5/bu. delivered and C$4.60 to C$5.50 in Saskatchewan. Those in Alberta added 11 cents at C$4.42 to C$6.53/bu. As for new crop pricing, Alberta ranged from C$4.52 to C$6.31/bu. delivered with Saskatchewan at C$4.70 to C$4.80.
Meanwhile, old crop feed wheat prices were mixed, according to Prairie Ag with Manitoba down 11 cents at C$7.11/bu. delivered. Saskatchewan was unchanged at C$6.85 to C$8.13/bu. while Alberta rose 14 cents at C$6.72 to C$8.44. New crop was listed as C$5.44/bu. delivered in Alberta and C$5.44 to C$8.00 in Saskatchewan.
— Glen Hallick reports for MarketsFarm from Winnipeg.
