Faba Bean Feed Benchmark Report

Wheat and barley have softened in Alberta while maintaining prices from the previous 2 weeks in Manitoba and Saskatchewan. DDGS is starting to drop and there was a recent drop in soybean meal although the weakened Canadian dollar today that resulted from the lack of interest rate movement yesterday firmed prices a little. Feed peas have continued to drop in price across the prairies – by about $5 per tonne from the previous period. The outlook is that it may continue to soften.

 

AB: $322

SK: $316

MB: $308

* Models have been updated to reflect the latest nutrient compositions of feed ingredients, which is done periodically.