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Faba Bean Feed Benchmark

 
Prices on feed wheat and barley continue to be heavily influenced by the widespread infection of this year’s crops with fusarium mold, and resulting high vomitoxin levels.
 
Low vomitoxin grain values escalated by $15-20/T in Manitoba and Saskatchewan due to scarcity of supply while remaining relatively stable in Alberta. Values for high vomitoxin grains (greater than 1 ppm) remained unchanged.
 
Corn pricing dropped slightly in Manitoba but remained unchanged in Saskatchewan and Alberta. Corn DDGS prices continued to soften except in Alberta, where values increased by $20/T.
 
Soybean meal and canola meal prices reflected the switch to October futures contracts by further declining by $20-30/T across the Prairies. Feed grade peas and lentils and fababeans traded in Alberta at $195/T, $210/T in Saskatchewan, and $235/T in Manitoba.  
 
Source : Albertapulse

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The 2026 Trump/Xi Summit in China was one BIG disappointment, but the USDA May Crop Report was bullish U.S. wheat. Wheat Quality Council Tour confirmed the lower wheat production from the USDA for Kansas. Could the U.S. drought travel East and North into the top “I” states from June to August of 2026? #1 U.S. pork buyer Mexico bans 10% of supplies. E15 passes through U.S. Congress but will it pass in the Senate? Higher U.S. wholesale inflation reminds us of 2020-2022. Meal futures spiking + CFTC.