Prices on all major feed ingredients with the exception of corn and canola meal rose sharply across the Prairies over the past two weeks. Escalating wheat prices, which increased by $30-40/T, also pulled barley prices higher. Barley prices rose by $15-20/T.
Corn prices meanwhile remained flat with decreases in Manitoba of up to $6/T, due mainly to the strengthening Canadian dollar. Corn DDGS pricing increased by up to $15/T depending on the region.
Soybean meal prices increased by $30/T based on stronger US markets while canola meal remained unchanged but still disproportionately high relative to soymeal. Faba beans and feed peas continued to trade in the $250-255 range in Manitoba and in the $245-$250 range in Saskatchewan and Alberta.
AB: $332
SK: $309
MB: $287
Source : Albertapulse