While seeding progress has been varied across Alberta and Saskatchewan this spring, healthy growing conditions are pressuring prices according to Erin Harakal, trade manager for Agfinity Inc. in Stony Plain, Alta.
Sufficient supplies of domestic barley and wheat along with the ongoing influx of corn from United States, have continued to keep a lid on feed grain prices on the Canadian Prairies. That’s especially so in southern Alberta, according to Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.
Western Canadian barley prices have been grinding lower throughout the winter due to a lack of export demand and larger imports of U.S. corn. However, in late March, domestic prices in the non-major feeding regions of Western Canada were competitive with world values. This caused offshore movement to increase and stabilized the downward slide. It […] Read more
Early expectations point to increased Canadian grain production in 2024/25, which should cut into corn imports from the United States, according to a report from the U.S. Department of Agriculture’s attaché in Ottawa.
With farmers across Western Canada getting ready to plant their crops or they have already made a few rounds in the field, feed grain prices across the Prairies remained in a holding pattern, according to Jerry Klassen of Resilient Capital in Winnipeg, Man.
As growers prepare to seed in parts of Alberta, the lack of moisture during the winter continues to be a concern. However, a major snowstorm which brought various amounts of precipitation to the central part of the province has relieved some stress.
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.