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Faba Bean Feed Benchmark

 
Corn, feed wheat and barley prices were all up $10-15 across the Prairies driven by higher cash corn values and concerns over lack of planting progress both in Canada and the US for the upcoming crops.
 
Corn DDGS followed the main commodities, increasing by $10-20 in all provinces. A late report out of Argentina detailing a drop in that country’s soybean harvest coupled with slow planting progress in the US caused meal prices to surge by $20-25/T across the west.
 
Canola meal values meanwhile held steady over the past two weeks. Feed peas traded in the 255-260 range in Saskatchewan, 265 in Alberta, and 265-270 in Manitoba.
 
Source : Albertapulse

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