Feed grains: Animal feed additive market set to increase

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Published: April 1, 2016

By Commodity News Service Canada

Winnipeg, April 1 – Following are a few highlights in the Canadian and world feed grains markets on Friday, April 1.

– The world animal feed additives market is expected to grow to US$27.9 billion by 2021, compared with US$18 billion in 2014, according to a forecast from Research and Markets.

– Corn futures at the Chicago Board of Trade closed about two cents per bushel higher on Friday, propped up by investor short covering.

– Delivered elevator prices for feed wheat range from C$4.49 to C$5.78 per bushel in Saskatchewan, C$5.30 to C$5.45 in Manitoba, and C$5.20 to C$6.48 in Alberta, according to Prairie Ag Hotwire.

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