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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

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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

Video: Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry


Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.