Faba Bean Feed Benchmark Report Dec. 9/18

Values for all feed grains across western Canada remained relatively stable over the past two weeks. Corn DDGS prices continued to trend higher due to a weaker Canadian dollar and higher freight costs for US ingredients coming into Canada. Soybean meal values across the west increased by $10/T due to the same reasons affecting DDGS pricing while canola meal values remained largely unchanged. Feed pea prices continued to be pressured higher due to diminishing supplies, trading for $255/T in Manitoba and $245/T in Saskatchewan. Values in Alberta inched higher, with trades up to $270/T.

• AB: $298
• SK: $278
• MB: $290

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

Dec 9 – 18 Faba Bean Benchmark Report