Farms.com Home   News

Faba Bean Feed Benchmark

 
Prices for all grains remained largely unchanged across the Prairies with some upward pressure on corn and barley prices throughout the region.
 
Corn DDGS prices finally began to descend, decreasing by $10-20/T. Soybean meal and canola meal prices remained stable.
 
The latest USDA report on world grain supplies was neutral to bearish in terms of prices for the coming months. Much will depend on the state of ongoing trade talks and the impact those will have on the value of the Canadian dollar.
 
Field peas traded in the $240- $250/T range in Alberta and Saskatchewan while in Manitoba, peas traded for $260/T and faba beans commanded prices of $265-270/T.
 
AB: $249
SK: $255
MB: $244
 
Source : Albertapulse