(Photo courtesy Canada Beef Inc.)

Feed Grains Weekly: Price likely to keep stepping back

Expected to drop passed last year’s lows

As the harvest in southern Alberta presses on, a broker said that is one of the factors pulling feed prices lower in the region. Darcy Haley, vice-president of Ag Value Brokers in Lethbridge, added that lower cattle numbers in feedlots, plentiful amounts of grass for cattle to graze and a lacklustre export market also weighed on feed prices.






Fat cobs of ripe corn hang off corn plants.

Large global feedgrain supplies shrink prices

A record crop in the United States and strong export competition from Brazil is expected to drive global corn prices lower

The United States is not the only country that is expected to produce a large corn crop this year. China is increasing output to yet another record of 295 million tonnes.