With the holiday season come and gone, feed grain buyers were getting back into the swing of things at the start of 2023, according to one trader.
“I think January will probably fill up pretty quickly as we’re in the first week of January and we’ve been booked into January for a bit,” said Erin Harakal, trade manager at Agfinity Inc. at Stony Plain, Alta. “I think the next little bit, things will kind of hang in where they’re at until everyone figures out what they’re needing.”
Harakal added that feed barley was trading at a range of $425-$435 per tonne ($9.25-$9.47 per bushel) in Lethbridge. The high-delivered bid for feed barley in Alberta was $9.75/bu. as of Wednesday, according to Prairie Ag Hotwire, down four cents from one month earlier.
Corn shipments from the U.S. entering feedlots have put a ceiling on feed barley prices, according to Harakal, but other grains are still being used.
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