By Commodity News Service Canada
Winnipeg, Nov. 24 (CNS) – Following are a few highlights in
the Canadian and world feed grains markets on Friday, Nov. 24.
While Canadian feeders may be enticed by cheap United
States corn, the convenience factor outweighs the price. Jared
Seitz, of Agfinity in Spruce Grove, Alta. said feeders would
rather stick with barley if they could, given the convenience of
multiple sources over the risk of relying on rail deliveries.
Feed barley exports to third world countries from the
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UkrAgroConsult. Since the start of the year the EU has exported
2,131 million tonnes of barley to third world countries, which
is 23 per cent more than this time last year. Imports as well
exceeded previous figures, with 302,580 tonnes or 12 per cent
more imported than last year. The demand for corn in the EU has
been high as well with 5.5 million tonnes imported this year,
which is 64 per cent more than last year.
Feed wheat and feed barley prices have held steady in
Western Canada and have changed slightly over the week,
according to the Prairie Ag Hotwire. Feed barley prices are at
C$3.75 per bushel in Saskatchewan having rose 20 cents this
Alberta having increased by four cents this week. Feed wheat
prices are at C$4.90 per bushel in Saskatchewan and C$5.99 per
bushel in Alberta having dropped 14 cents this week.
