Feed Grain Weekly: Prices levelling as demand wanes

Glacier FarmMedia — Smooth demand has feed grain costs levelling off, stated Darcy Haley, vice-president of Ag Worth Brokers in Lethbridge, Alta.

“They’ve nudged up just a little bit,” he stated, citing December barley at C$270 per tonne delivered Lethbridge.

“Proper now to commerce barley at C$275 is fairly near unimaginable for January-February-March,” he added, noting it’s C$285 for April-Could-June.

“Most of it’s being purchased between merchants. Feedlots and finish customers simply don’t appear to need to have something to with it,” Haley continued. “Perhaps they are going to sometime.”

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Beforehand, Haley stated demand from feedlots was pushing up feed costs as they introduced in additional cattle.

In addition to lackluster demand, he stated farmers have been largely unwilling to half with their grain, particularly barley and wheat.

“It’s exhausting to get a farmer to promote barley and wheat at a value the tip consumer needs to pay,” Haley commented, suggesting commerce is probably going going to stay gradual till the New Yr.

He complimented the grain firms for the export enterprise they’ve achieved up to now in 2025/26.

The Canadian Grain Commission reported cumulative wheat exports of seven.83 million tonnes as of Nov. 30, up greater than 13 per cent from a 12 months in the past. Barley exports reached 1.16 million tonnes for a rise of practically 34 per cent. Haley stated such must proceed in mild of the larger-than-expected Prairie harvest.

Statistics Canada issued its newest production report on Dec. 4, pegging 2025/25 barley manufacturing at 9.73 million tonnes, in comparison with 8.14 million the earlier 12 months. The Canadian all wheat crop of 39.95 million tonnes set a brand new manufacturing document.