Who’s dumber, the person who asks a dumb question or the person who has the question but doesn’t ask?
Market Report – by Nelson Neumann
Barley: Over the past week the wheels fell off the old crop feed barley bus. New crop is tantalizingly close in southern Alberta and buyers are more then content to buy then much cheaper. We saw pricing delivered feedlot alley plummet down from ~$265 to $245 within a few days. New crop pricing is around $5 higher than it was last year for September and October delivery. The American corn market bulls have cooled down, but the debacle down south is a support for domestic feed pricing.
Peas: Seeded acres were up ~20% for pulses and with yields looking decent there will be an excess of supply for the 2019 crop year. India the major buyer is continuing to run protectionist tariffs. The outlook is that it will be another grinder year for yellow peas.
Oats: If you are hanging on to milling grade oats, it would be wise to sell now or be prepared to store it well into next year. Still seeing very strong prices for milling quality oats for August delivery. New Crop bids are around $3 delivered, much lower than we can get picked up on feed oats at the moment.
Canola: The Canola markets have been relatively flat with no major swings, only minor fluctuations. It continues to trade around $440/MT. Looking into 2019/2020 yields are forecasted to be down ~2% due to a cool summer and dry spring. This is usually bullish but is drastically overshadowed by China still refusing to purchase from Richardson as well as Viterra.
Wheat: Outlooks is bearish for the wheat market the upcoming year. Worldwide production is forecasted to be excellent for 2019/2020. A major factor is the American corn crop. If things fall apart and there is a major corn rally wheat prices may follow its lead.
Buyer Brief – by Sandra Correia-Letendre
Call Clayton or Erin, 1-888-969-5552, ext 1
– FEED BARLEY @ the bin:
July: $4.15-4.20/ bushel
August: $4.55-$4.60/ bushel
NEW CROP:
Sept-Oct: $3.60/ bushel
Nov-Dec: $3.60-3.70/ bushel
Jan-Mar: $3.80/ bushel
Apr-June: $3.80-3.85/ bushel
– FEED WHEAT @ the bin:
July: $5.15-5.20/ bushel
August: $5.30-5.65/ bushel
– #1/2 CPSR WHEAT:
June-July: Feed pricing currently stronger.
#1/#2 HRS Wheat:
July-August: $6.40-6.6.50/ bushel picked-up based 13-13.5% protein.
– 2CW OATS @ the bin (subject to sample):
July-August 2019: $2.85-2.95/ bushel
*Higher pricing available for excellent colour.
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
FEED OATS @ the bin:
July: $2.20-2.30/ bushel, depending on quality
– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
July: $7.20
– 2CW YELLOW PEAS @ the bin
July: $6.05/ bushel picked-up
– FEED PEAS @ the bin
July: $6.00/ bushel
– 2CW FABAS @ the bin:
July: $9.80/ bushel
– FEED FABAS @ the bin
July: $6.00/ bushel
– CANOLA @ the bin (as of March 13th):
Based Max 2% Green!
July: $8.80-8.90/ bushel
August: $9.00/ bushel
*Give us a call to discuss placing a target, or email Clayton@agfinity.com with your legal land description for a price!
… Need a price for something else? Please email or give me a call!
Picked-Up Grande Prairie Area Bids
Call Clayton or Erin, 1-888-969-5552, ext 1
– FEED BARLEY @ the bin:
July:$4.40/ bushel
August: $4.50/ bushel
NEW CROP:
Sept-Oct: $4.00-4.10/ bushel
Nov-Dec: $4.10-4.20/ bushel
Jan-Mar: $4.30/ bushel
Apr-June: $4.40/ bushel
– FEED WHEAT @ the bin:
July-August: $5.80-5.85/ bushel
… Good protein? Falling # 285-300 or better? We are seeing an additional $0.25/bu.
– #1/2 CPSR WHEAT:
July-August:6.80
#1/#2 HRS Wheat:
July-August: $6.50-6.60 picked-up based 13-13.5+% protein.
– 2CW OATS @ the bin (subject to sample):
July-August: $3.10-3.20/ bushel
– 3CW OATS @ the bin
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin
July: $2.70-2.80/ bushel, depending on quality
– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
July: $7.40/ bushel
– 2CW YELLOW PEAS @ the bin
May-June: $6.15/ bushel
– FEED PEAS @ the bin:
July-August: $6.00-6.25/ bushel
– 2CW FABA BEANS @ the bin
July: $10.20/ bushel
– FEED FABAS @ the bin
July: $5.90-6.00/ bushel
– CANOLA @ the bin (as of March 13th)
Based Max 2% Green!
July-August: $9.05-9.15/ bushel
Call clayton@Agfinity.com to discuss canola or email with your legal land description to get a price!
… Need a price for something else? Please email or give me a call!
Call Clayton or Erin, 1-888-969-5552, ext 1
– FEED BARLEY @ the bin:
August: $5.00-$5.05/ bushel
NEW CROP:
Sept-Oct: $4.05/ bushel
Nov-Dec: $4.10/ bushel
– FEED WHEAT @ the bin:
August: $6.00-6.10/ bushel
– #1/2 CPSR WHEAT:
August $6.15/bushel .
#1/#2 HRS Wheat:
August: $6.50-6.80/bu picked-up (13-13.5% protein).
– 2CW OATS @ the bin (subject to sample):
August: $3.30-3.40/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
August: $3.00-$3.05/ bushel depending on quality
– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
August-October: $7.40/ bushel
– 2CW YELLOW PEAS @ the bin
August: $6.10-$6.15/ bushel
– FEED PEAS @ the bin
August: $5.90/ bushel
– 2CW FABAS @ the bin:
July: $10.25-10.50/ bushel
– FEED FABAS @ the bin
July: $6.25-6.40/ bushel
– #1 CANOLA @ the bin (as of July 30rd)
*Give us a call to discuss placing a target, or email Clayton@Agfinity.com or Erin@Agfinity.com with your legal land description for a price!
… Need a price for something else? Please email or give Clayton@Agfinity.com or Erin@Agfinity.com or give us a call!
Call Nelson, 1-888-969-5552, ext 3
– FEED BARLEY @ the bin:
August: $4.65
NEW CROP
Sept-Oct: $3.95-$4.00
Nov-Dec: $4.00-$4.05/bushel
– FEED WHEAT @ the bin:
August: $5.75-$5.80/bushel
** If graded a feed but is dry and has adequate protein (13%+) and falling number over 300, there is a premium available ***
– 2CW OATS @ the bin (subject to sample):
August:$3.25-$3.30
New Crop: September-November: $2.70-$2.80
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to #2CW bids.
– FEED OATS @ the bin:
August: $3.00-$3.05/ bushel depending on quality.
– GREEN PEAS @ the bin:
August: $8.50-$9.00/bu picked up
3% bleached or less – call for higher bleached.
– YELLOW PEAS @ the bin
August: $6.40picked up
– FEED PEAS @ the bin
August: $6.30-$6.40/bushel
… Need a price for something else? Please email or give me a call!
Call Clayton or Erin, 1-888-969-5552, ext 1
– FEED BARLEY @ the bin:
July: $4.90-$5.00/ bushel
August: $5.00/ bushel
NEW CROP:
Sept-Oct: $4.20-$4.30/ bushel
Nov-Dec: $4.25-4.40/ bushel
– FEED WHEAT @ the bin:
July: $5.80-$5.90/ bushel
August: $5.90
– #1/2 CPSR WHEAT
July-August: Feed pricing is currently stronger.
#1/#2 HRS Wheat:
July-August: $6.45-6.75/bu picked up based 13-13.5% protein.
– 2CW OATS @ the bin (subject to sample):
July: $3.40-$3.45/ bushel
August: $3.40-3.50/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
July-August: $2.90-3.10/ bushel, depending on quality
– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
July-August: $12.05-$12.10/ bushel
– 2CW YELLOW PEAS @ the bin
July-August: $6.60-6.65/ bushel
– FEED PEAS @ the bin:
July-August: $5.90-6.40/ bushel
– 2CW FABAS @ the bin:
July-August: $10.60-10.65/ bushel
– FEED FABAS @ the bin
July-August: $6.40-6.50/ bushel
– CANOLA @ the bin (as of July 16th)
July-August: $9.60-9.70/ bushel
… Give us a call to discuss placing a target, or email Clayton@Agfinity.com or Erin@agfinity.com with your legal land description for a price!
Call Clayton or Erin, 1-888-969-5552, ext 1
– FEED BARLEY @ the bincam
August: $5.00-5.05/ bushel
NEW CROP:
Sept-Oct: $4.30-$4.35/ bushel
Nov-Dec: $4.40-4.45/ bushel
– FEED WHEAT @ the bin:
August: $5.60-5.70/ bushel
(Good protein? Falling # 285-300 or better? We are seeing an additional $0.25/bu
– #1/2 CPSR WHEAT:
July-August: Feed Wheat bids currently stronger.
– #1/#2 HRS Wheat:
August: $6.50-6.70/bu picked-up based 13-13.5% protein
– 2CW OATS @ the bin (subject to sample):
August: $3.35-$3.40/ bushel
*Additional premiums available for excellent colour!
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids
– FEED OATS @ the bin:
August: $3.00-3.20/ bushel
– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
August: $7.60/ bushel
– 2CW YELLOW PEAS @ the bin
August: $6.30-$6.40/ bushel
– FEED PEAS @ the bin
August: $5.90-$6.00/ bushel
– 2CW FABAS @ the bin:
August: $10.50/ bushel
– 3CW FABAS @ the bin: May-June: $9.25/ bushel
– FEED FABAS @ the bin
August: $6.40-6.50/ bushel
– CANOLA @ the bin (as of July 30th)
August: $9.50-$9.60/ bushel
*Give us a call to discuss placing a target, or email Clayton@agfinity.com with your legal land description for a price!
… Need a price for something else? Please email or give Clayton or Erin a call!
Call Nelson, 1-888-969-5552, ext 3
– FEED BARLEY @ the bin:
August: $4.70-$4.75/bushel
NEW CROP:
Sept-Oct: $4.10/bushel
Nov-Dec: $4.10-$4.20/bushel
– FEED WHEAT @ the bin:
August: $5.75
– 2CW OATS @ the bin (subject to sample):
August: $3.40/bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
August: $3.10/bushel depending on quality.
– GREEN PEAS @ the bin:
August: $8.00-$8.50/bushel
Max 3% bleach:*Call or email on higher bleach.
– YELLOW PEAS @ the bin
August: $6.50/bushel
– FEED PEAS @ the bin
August: $6.50/bushel
– CANOLA @ the bin
*Give us a call to discuss placing a target, or email Nelson@Agfinity.com with your legal land description for a price!
… Need a price for something else? Please email or give me a call! Quick movement opportunites available. Call 1-888-969-5552 (ext-3) if you are able to load within the next 2 weeks.
Picked-Up Red Deer Area Bids
Call Clayton or Erin, 1-888-969-5552, ext 1
– FEED BARLEY @ the bin:
August: $5.05-$5.10/ bushel
NEW CROP:
Sept-Oct: $4.40-$4.45/bu/ bushel
Nov-Dec: $4.50-$4.55/ bushel
Jan-Mar: $4.60-$4.65/ bushel
Apr-June: $4.70/ bushel
– FEED WHEAT @ the bin:
August: $6.05-$6.10/ bushel
– #1/2 CPSR WHEAT:
August: Currently under feed values.
#1/#2 HRS Wheat:
August: $6.40-6.80/bu picked-up based 13-13.5% protein.
– 2CW OATS @ the bin (Subject to sample):
August: $3.40-3.60/ bushel
*Additional premiums available for excellent colour.
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS:
August: $3.00-3.20/bushel, depending on quality
– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
August: $7.60/bushel
– 2CW YELLOW PEAS @ the bin
August: $6.35/bu
– FEED PEAS @ the bin
August: $5.90-6.00/ bushel
– 2CW FABAS @ the bin:
August: $10.40/ bushel
– FEED FABAS @ the bin
August: $6.50/ bushel
– CANOLA @ the bin (as of July 30th)
August: $9.60-9.70/ bushel
Picked-Up Coronation Area Bids
Call Nelson, 1-888-969-5552, ext 3
– FEED BARLEY @ the bin:
August: $4.85-$4.90bushel
NEW CROP
Aug: $4.50:/bushel
Sept-Oct: $4.35/bushel
Nov-Dec: $4.40-$4.45/bushel
– FEED WHEAT @ the bin:
August: $6.05-$6.10/bushel
– 2CW OATS @ the bin (subject to sample):
August: $3.50/bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
August: $3.30/bushel (Quick Movement)
– GREEN PEAS @ the bin:
August: $8.50-$9.00/bushel
Max 3% bleach
*Call or email on higher bleach.
– YELLOW PEAS @ the bin
August: $6.50-$6.60/bushel
– FEED PEAS @ the bin
August: $6.50-$6.70/ bushel
– CANOLA @ the bin
*Give us a call to discuss placing a target, or email Nelson@Agfinity.com with your legal land description for a price!
… Need a price for something else? Please email or give me a call! Premiums available for quick movement. Call 1-888-969-5552 (ext-3) if you are able to load within the next 2 weeks.
Call Nelson, 1-888-969-5552, ext 3
– FEED BARLEY @ the bin:
August: $5.10-$5.15
New Crop
August: $4.60-$4.65/bushel (Must move in August)
September-October: $4.45-$4.55
November-December:$4.50-$4.60
– FEED WHEAT @ the bin:
August: $6.25/bushel
** If graded a feed but is dry and has adequate protein (13%+) and falling number over 300, there is a premium available ***
– 2CW OATS @ the bin (subject to sample):
August: $3.60-$3.75/bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to #2CW bids.
– FEED OATS @ the bin:
August: $3.55/ bushel depending on quality.
– GREEN PEAS @ the bin:
August: $8.25-$8.50/bu picked up
3% bleached or less – call for higher bleached.
– YELLOW PEAS @ the bin
August: $6.65-$6.80/bushel
SeptemberOctober: $6.50/bushel
– FEED PEAS @ the bin
August: $6.25/bushel
– CANOLA @ the bin
*Give us a call to discuss placing a target, or email Nelson@Agfinity.com with your legal land description for a price!
… Need a price for something else? Please email or give me a call! Strong pricing available for quick movement. Call 1-888-969-5552 (ext-3) if you could load within the next 2 weeks.
Picked-Up Brooks Area Area Bids
Call Nelson, 1-888-969-5552, ext 3
– FEED BARLEY @ the bin:
August: $5.15-$5.20
New Crop:
August New Crop: $4.60-$4.70/bushel
September/October New Crop: $4.50-$4.55bushel
November/December: $4.55-$4.60
– FEED WHEAT @ the bin:
August: $6.30/bushel
– FEED OATS @ the bin:
August: $3.60/ bushel depending on quality.
– GREEN PEAS @ the bin:
August: $8.00-$8.50/bu picked up
– YELLOW PEAS @ the bin
August-October: $6.25
– FEED PEAS @ the bin
August: $6.75/ bushel
– CANOLA @ the bin
*Give us a call to discuss placing a target, or email Nelson@Agfinity.com with your legal land description for a price!
… Need a price for something else? Please email or give me a call!
Dlvd Lethbridge / Picture Butte Bids
Call Nelson, 1-888-969-5552, ext 3
– OLD CROP FEED BARLEY :
August: $5.50/bushel delivered
New Crop
August New Crop: $5.00-$5.05
September-October New Crop: $4.85
November-December New Crop: $4.90-$4.95
– FEED WHEAT :
August (Old Crop): $6.65-$6.70
– FEED OATS :
August: $3.75/bushel depending on quality.
– GREEN PEAS :
August-October New Crop: $8.00/bushel
*Based 3% bleach. Higher % bleached give us a call!
– YELLOW PEAS
August-October New Crop: $6.50/bushel
– FEED PEAS
August (Old Crop): $6.75-$7.00/ bushel delivered
– CANOLA Delivered
*Give us a call to discuss placing a target, or email Nelson@Agfinity.com with your legal land description for a price!
… Need a price for something else? Please email or give me a call!
Call Clayton or Erin, 1-888-969-5552, ext 1
– FEED BARLEY @ the bin:
July: $4.40-$4.50/ bushel
August: $4.50/ bushel
NEW CROP:
Sept-Oct: $4.00/ bushel
Nov-Dec: $4.05/ bushel
– FEED WHEAT @ the bin:
July: $5.50/ bushel
August: $5.50-5.60/ bushel
– 2CW OATS @ the bin (subject to sample):
July: $3.40-3.50/ bushel
August 2019: $3.40-3.50/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
July: $2.80-$3.00/ bushel depending on quality
– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
July-August: $11.80-$11.90/ bushel
– 2CW YELLOW PEAS @ the bin
July-August: $6.40-$6.50/ bushel
– FEED PEAS @ the bin
July: $5.90-$6.30/ bushel
– 2CW FABAS @ the bin:
July: $10.25-10.50/ bushel
– FEED FABAS @ the bin
July: $6.25-6.40/ bushel
– #1 CANOLA @ the bin (as of July 23rd )
July-August: $9.50-9.70/ bushel
*Give us a call to discuss placing a target, or email Clayton@agfinity.com with your legal land description for a price!
… Need a price for something else? Please email or give me a call!
And please come by for a visit on one of our social media accounts. Click one of the links below!
CLIENT TESTIMONIALS
– Jim Majeski, Camrose, AB
– Kurt Boese, Neilburg, SK
“For the past seven years I’ve been dealing with the Agfinity group and what a fantastic group of people they are. From number 1 to feed grain and canola. All the buyers at Agfinity can Make it happen. Fast turn around times on every thing. Movement, payment, and the inbetween that all of us farmers don’t see or care about. Good job to the Agfinity crew and keep on buying our grain.”
– Drann Hogg, Huxley, AB