Faba Bean Benchmark

Jul 17, 2017

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

Video: Agriculture Secretary Rollins Speaks at American Farm Bureau Federation Convention in Anaheim

One of the highlights at the 2026 American Farm Bureau Federation Convention in Anaheim, California, was an address by U.S. Secretary of Agriculture Brooke Rollins. During her remarks, she thanked America’s farmers and ranchers and said the Trump Administration is fully aware that food security is national security.

She also acknowledged the challenging times in Farm Country with low commodity prices and high input costs and said that’s why the President stepped in to help with the recent Bridge Assistance Program.

Montana Farm Bureau Federation Executive Vice President Scott Kulbeck says that Farm Bureau members are appreciative of the help and looks forward to working with the American Farm Bureau Federation and its presence in Washington, DC to keep farmers and ranchers in business.

Secretary Rollins said the Trump Administration is also committed to helping ranchers build back America’s cattle herd while also providing more high-quality U.S. beef at the meat case for consumers.

And she also announced more assistance for specialty crop producers who only received a fraction of the $12 billion Farmer Bridge Assistance (FBA).

It’s important to note that producers who qualify for Farmer Bridge Assistance can expect the Farm Service Agency to start issuing payments in late February. For more information, farmers and ranchers are encouraged to contact their local USDA Service Center.