Farms.com Home   News

Feed Pea Benchmark

Prices on wheat softened in Saskatchewan and Alberta, while barley prices softened in Manitoba.
 
Barley prices remained unchanged except in Manitoba where prices decreased $5-10/T.
 
Corn remained unchanged across the Prairies but corn DDGS increased sharply in Manitoba due to continued elevated protein prices.
 
Soybean meal and canola meal remained largely unchanged across the Prairies over the past two weeks.
 
Feed grade peas and lentils continue to be very scarce and any pulse products used in feeds are now faba beans. Manitoba pricing on faba beans  ranges from $285-290/T, with a trading range of $260-270/T in Alberta and Saskatchewan. 
 
 
Source : Albertapulse

Trending Video

Making Soybeans Great Again! + A Fools Gold?

Video: Making Soybeans Great Again! + A Fools Gold?


Trump's post this week that China would buy an additional 8 mmt of U.S. soybeans was a “game changer” near-term. The plunge in Bitcoin down 50% from the highs may no longer be considered a “digital” gold. It has followed the selling in tech this week with the NASDAQ down 7%. The 45Z announcement provided more clarity and guidance resulting in higher soyoil futures. Next weeks USDA February crop report is historically a non-event and more.