Feed Grains: Projected CDN barley exports dip

Posted

By Commodity News Service Canada


Winnipeg – Following are a few highlights in the Canadian

and world feed grains markets on Monday, March 20.

Oat prices in Saskatchewan were up one penny in the latest

Prairie Ag Hotwire Report. They are currently listed at C$2.54-

$2.72 a bushel.

According to the latest export estimates from Ag Canada,

forecasted barley exports in 2017/18 slipped slightly in the

March report from 1.975 million tonnes in February to 1.875

million in March. Forecasted domestic usage weakened, dropping

from 6.600 tonnes in February to 6.365 tonnes in March.

Chicago Board of Trade corn futures were two to four cents

weaker on Monday, as the spread of supplies from South America

cut into US exports.

Feed wheat bids in the key cattle feeding area of

Lethbridge, Alberta were in the C$178 to C$185 per tonne range

as of March 17, which was three to five dollars higher compared

to the previous week, according to the latest pricing

information from the provincial government. Feed barley prices

were steady to up three dollars, at C$155 to C$165 per tonne in

Lethbridge.