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Western Canadian feedlots are shifting toward corn and oats as feed barley and wheat prices rise and feed-quality wheat is scarce. Buyers report corn is easier to source from elevators and trucking issues are complicating grain movement.
Substitution toward corn and oats supports demand for those grains while feed barley and wheat face firmer prices, shaping feed ration costs in Canada.
grainews.caGFM Network NewsNov 17, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
