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Faba Bean Feed Benchmark

 
Corn and Soybean meal have been strengthening in price which is further supported by a weakening CAD.
 
Prices of wheat and barley continue to strengthen increasing a further $10 – $15 over the previous report.
 
Demand for peas and faba beans continues to be strong on the feed side current purchases in AB $260 – $265, SK $255 – $265, MB $275.
 
Source : Albertapulse

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Grain Markets - Doug Simon

Video: Grain Markets - Doug Simon

Grain markets are working through a mix of steady fundamentals and some outside pressure this week. The latest WASDE report was quiet, with few major changes to the balance sheets. But stronger corn exports and continued momentum in soybeans are giving producers something to watch when it comes to marketing decisions. To help us break it down, we're joined by Doug Simon with Tredas.