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Published on: 12/24/2004
Last Visited: 3/4/2005
Champion Feed Services Manager Gary Belanger says grain destined for human consumption or destined for malt but hasnindustries is making feed grade. He says there#039s ample supplies of both wheat and barley available and, although quality is down slightly from last year, it#039s still pretty good and is meeting minimum standards for feed ingredients. "Typically nutritionists will base their decision as to what ingredients to use based on energy content or net energy content, crude protein or digestible amino acid contents.We#039re seeing an ample supply of feed wheat with historically low prices, probably lower than we#039ve seen in the last 10 to 20 years," said Belanger."Based on some of Agrifood Canada#039s market analysis division data, we haven#039t seen grain prices this low since probably the early #03990#039s, 93-94." Barley is slightly below historical averages but slightly more expensive than wheat leaving it at a slight disadvantage right now.Producers should be considering switching over their diets to wheat.Wheat is definitely more advantageous right now, more energy, more protein, more digestible amino acids, yet cheaper than barley.Nutritionists will base those decisions on the cost of the ingredient, its availability and what it provides for specific nutrients to the diet, he said.Belanger says theoretically, with decent feed conversions, producers feeding from 25 kilograms to market weight could see their feed costs fall by almost 15 dollars per market hog.
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