By Commodity News Service Canada
Winnipeg, Dec. 4 (CNS) – Following are a few highlights in
the Canadian and world feed grains markets on Monday, Dec. 4.
Barley will benefit from the warmer temperatures and
increased humidity that comes with climate change, according to
new research at the University of Alberta. Researchers looked
decades ahead to assess the water footprint related to barley
and the beef industry, finding that rain-fed barley crops in
northern Alberta will increase, while irrigation-fed crops in
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production. The research showed the amount of water per tonne of
barley production will be cut between 10 and 60 per cent for
most rain-fed and irrigated barley.
Southern parts of New South Wales in Australia were hit by
80 millimetres of rain over the weekend, according the Australia
Broadcasting Corporation. With the large amount of rain received
the expected bumper harvest of milling wheat is now expected to
be downgraded to feed quality.
Feed wheat bids in the key cattle feeding area of
Lethbridge, Alberta were in the C$220 to C$230 per tonne range
as of Dec. 1, which is slightly higher from the previous week,
according to the latest pricing information from the provincial
at C$220 to C$225 per tonne in Lethbridge.
Feed barley prices in Saskatchewan and Manitoba held steady
overnight, according to the latest information from the Prairie
Ag Hotwire. Prices in Saskatchewan were at C$3.75 per bushel and
C$3.55 per bushel in Manitoba. Feed wheat prices as well held
steady in Saskatchewan at C$5 per bushel.
