Feed Pea Benchmark Report Jun 22/19

Grain prices have remained very strong across the prairies given drought conditions in the prairies and significant moisture in the Midwest. There has been rain in key parts of Alberta and Saskatchewan to relieve some pressure on pricing, but that is being counteracted by futures prices increasing today. Proteins have moved up the last couple weeks due to a combination of increasing futures prices and greater demand then expected for DDGS with beef packers dragging contracts and more cattle in lots. Feed peas have continued to bring values to rations at delivered prices of approximately $260-265 Red Deer, $255-260 Saskatoon area, with slightly higher prices in Manitoba.

 

AB: $348

SK: $333

MB: $316

 

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

 

Video: What’s at Stake in Every Slice | On The Brink: Episode 7

Six hundred Canadian farms grow grain for Warburton's under custom contract — and that partnership exists because of Canadian plant breeding. Now the man responsible for maintaining it is sounding the alarm.

Adam Dyck is the program manager for Warburton's Canada, a company that produces over two million loaves of bread a day for more than 20,000 retail locations across the UK. He's watched Canadian wheat deliver thirty years of yield gains and quality advancements that make it worth sourcing at scale — and shipping across the Atlantic. But he's also watching the investment conditions that produced those gains come under pressure. Dyck makes the case for a new funding mechanism that brings both public and private dollars into wheat breeding before Canada's competitive window starts to close.