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Faba Bean Feed Benchmark

 
Grain prices remained stable in the three Prairie provinces over the past two weeks, although barley markets continue to trend downward by about $5/T across the prairies over the past two weeks.
 
Corn and soybean meal markets remained unchanged after the release of the latest USDA supply and demand report which continued to show very large stocks of both in storage. Canola meal values remained unchanged as well. Corn DDGS continued to suffer from an oversupply and remained largely unchanged but still priced at a discount to corn.
 
The main pulses being fed in all three Prairie provinces are faba beans, with values in Alberta at $220, Saskatchewan at $240/T and eastern Manitoba at $265/T. 
 
Source : Albertapulse

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In the Mesonet Weather Report, state climatologist Gary McManus says there is no drought present in the state, though with warmer temperatures on the way, the situation can dry out quickly.