Feed Pea Benchmark Report Oct. 28/18

Values for all ingredients in Manitoba remained largely unchanged over the past two weeks. However, feed barley and wheat prices in Saskatchewan and Alberta declined sharply as better weather allowed for the resumption of harvesting activities. Corn DDGS prices inched higher and prospects for further increases remain bullish in light of the revised fuel mandate policy recently announced by the US government. Protein pricing remains choppy, weighed down by the prospects of a bumper US soybean crop and they buoyed by large volume bargain purchases of both beans and meal. Feed pea prices remained unchanged, trading for $260/T in Manitoba, $255/T in Saskatchewan, and $250/T in Alberta.

AB: $299
SK: $262
MB: $256
* Models have been updated to reflect the latest nutrient compositions of feed ingredients, which is done periodically.

Oct 28 – 18 Feed Pea Benchmark Report