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Feed barley and wheat prices in Western Canada have risen 25 to 40% over the past year, prompting feeders to seek alternatives such as oats, hay, peas, lentils and byproducts. Protein feeds like canola meal and soybean meal are also described as very expensive.
Substitution toward cheaper feeds limits demand for barley and wheat, while higher protein meal prices strain feed budgets.
manitobacooperator.caAdam Peleshaty, GFM Network NewsApr 9, 2021Not 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.
