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Faba Bean Feed Benchmark

Prices on wheat and barley remained largely unchanged over the past two weeks across the Prairies.
Corn, however, moved $10/T higher on strengthening futures markets and transportation issues on US corn. Corn DDGS increased by $20-30/T because of increased demand caused by the continuing escalation of feed protein prices.
Soybean meal increased by $70-90/T across the Prairies over the past two weeks with canola meal increasing by $50-60/T. Feed grade peas and lentils continue to be scarce but are now pricing into most diets.
Manitoba pricing on any product available ranges from $270-280/T, with a trading range of $260-270/T in Alberta and Saskatchewan.
Source : Albertapulse

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