MarketsFarm — The Lethbridge feed grain market is holding relatively steady heading into the holiday season, with ample imports of corn from the U.S. keeping a lid on prices.
Reports out of Alberta’s feedlot alley peg the upper edge of delivered barley bids in the $430-$435 area, with feed wheat seeing similar prices.
Feedlots are said to be covered for the next few months, with the steady corn trains likely to limit any additional interest in barley.
Ample oat supplies in the Prairies were also seeing more oats moving into feed channels than normal.
On the export front, Canada exported 815,800 tonnes of barley through the first three months of the 2022-23 marketing year, with China accounting for 88 per cent of the total movement, according to Statistics Canada data. That compares with 989,000 tonnes by the same point the previous year, when China was also the largest customer.
Of the totals, malting barley made up about 500,000 tonnes of the barley shipped during the current marketing year.
— Phil Franz-Warkentin reports for MarketsFarm from Winnipeg.
