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Feed grain bids in Lethbridge rose through the week, with feed barley at $5.15-5.20/bu and feed wheat at $6.40-6.50/bu for delivery. Corn from Manitoba and the U.S. is moving into Alberta feedlots at $6.40/bu, and buyers say barley has a price ceiling before they switch to other feeds.
Rising barley and wheat bids tighten Prairie feed supplies, and the price competition with corn limits how far barley can rise before buyers substitute.
manitobacooperator.caAshley RobinsonMar 1, 2018Not 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.
