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Faba Bean Feed Benchmark

Prices on feed wheat and barley plummeted in Manitoba by $25-35/T as new crop supplies started to become available.
 
In Alberta and Saskatchewan, where the grain harvest is more advanced, prices slipped by another $10/T on average for wheat and barley.
 
Corn pricing dropped slightly ($5-10/T) across the Prairies over the past two weeks due to dropping futures markets. Corn DDGS prices remained unchanged to slightly higher.
 
Soybean meal and canola meal prices also remained unchanged to slightly lower. Feed grade peas traded in Alberta and Saskatchewan at $180/T, down considerably from a level of $230/T two weeks ago. In Manitoba, feed pea bids were $220/T and bids for faba beans were in the $220-240 range.
 
Source : Albertapulse

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