The Bond of Cousins

By August 15, 2019Market Report
Frequently Joseph writes and tells you about the exploits of our family and all the “adventures” we get up to. Well, this week Joseph is away in the middle of nowhere in Northern B.C. enjoying some remote fishing and quadding. I’m sure he will be sharing about his adventure with you in the near future. I, on the other hand, am not in the middle of nowhere. I’m enjoying some time with my mom and sisters on the farm while all our children are enjoying the freedom and fun of summer roaming the farm with their cousins.
I remember growing up having adventures with my cousins on my grandparents’ farm or at the Swiss Canadian Mountain Range Association in the mountains around the Vancouver area of B.C. There was no shortage of shenanigans that we got up to and I’m sure no shortage of heart palpitations inflicted on our parents. Now, many years later, I can understand the feeling! Our kids, with their cousins, are constantly getting into scrapes, binds, shenanigans, and, generally, trouble with their cousins. I feel like my heart and those of my sisters are up to the test. Grandma’s heart can handle it too, but the “adventures” that the cousins get up to are often more than she signed up for! I think the policy we had as kids still stands . . . “Sometimes, what Grandma doesn’t know doesn’t hurt her.”
The bond that these adventures create with between the cousins will last a lifetime! They will provide things to look forward to in the future (hanging out with the cousins is all they talk about) and they will provide many memories to reminisce about as they grow older, things to laugh about and things to cry about. Many of you understand this bond I am talking about. It is one that lasts a lifetime.
The bond of cousins and family is something very close to the heart of farming. The bonds built in childhood carry forward to strong working relationships as adults on the farm. There are many in the world who would say that there is no way that they can work with their family. However, not for farmers. Farming is a family business and those relationships built as children are what result in successful farming business.
At Agfinity relationships are important to us too. It is important to us to “Cultivate meaningful relationships.” I know that we can’t go run around with you all and get into trouble to build those bonds, but we certainly would like to take the time on the phone and in person to get to know you and build those relationships that will result in us helping you with your successful farming business. Give us a call at 1-888-969-5552 and speak with one of our awesome traders so that they can help you find the best opportunities for marketing your grain.
Because Farming is Forever.

Amy Billett

Market Report – by Nelson Neumann

Barley: Feed barley prices continue to trend downwards, and the market has reached the level it was at this time last year. New crop is landing into feedlot alley between $220 and $223/MT for September and October delivery. Wet weather and lower yields in southern Alberta is helping old crop barley hold its value as well as offering premiums for new crop that is able to deliver in August. As the better yielding central Alberta regions start turning wheels expect these quick movement premiums to evaporate.

Peas: Its shaping up to be another grinder year in the pulse market. Yellow pea acres were up 20% from last year and there hasn’t been any good news coming out of the export market. Fall yellow pea pricing around $6.00 picked up at the bin in many areas.

Canola: The Canola price is heavily tied to the soybean market which has been fluctuating with the news cycle. We seem to be in a loop of the market selling off on no progress being made with China, then picking up hints of optimism and the market rallying expecting a resolution only to be back to no progress being made and selling off again. Some would say that Trump does appear to show signs of caving as the US economy is showing clear signs of an upcoming recession. Keeping it in our own backyard; the cooler weather is bringing about talk of frost premiums. Frost has been forecast in the northern Alberta Peace Region already.

Wheat: The wheat markets cooled off following Monday’s WASDE report. This report hammered corn prices as well as upgraded American yield estimates. Overall there is expected to be more wheat exports globally and a slight decline out of Canada. As with Canola early frost premiums are worth watching for.

Oats: Old steady oats continue to hold it’s own in the marketplace. $3.00 at the bin for milling oats is available in all but northern Alberta. Both old crop feed and milling oats have retained their value as we approach harvest. If you are sitting on oats still pricing for quick movement may prove wise.

 

Buyer Brief –   by Sandra Correia-Letendre

Over the last week we have seen some urgency in the market. We are seeing current crop trending into new crop. Old crop feed wheat and barley are in demand, seeing some premiums for these grains in pockets but still not at the height of prices we saw a month ago. A few things are contributing to this:
  1. Depending on which part of Alberta farmers are located, fields have been very wet. This making it hard to get into yards for old crop. We’ve also been hearing from some areas that yields will be lower due to excessive water and hail damage. Combining has been delayed for some of these fields until it gets dryer. Lac St. Anne farmers even declared a state of emergency
  2. Other parts of the province, more south, some farmers are expecting lower yields due to a dry spring.
  3. This week many were anxiously awaiting the USDA report that came out. In summary, it stated that corn yields were looking much better than originally expected. We saw a .10/bu decrease almost immediately on feed grain.   Above delays are supporting old crop prices for quick movement.

Seller’s Tip: As soon as combining really gets going (in the next couple weeks) we expect to see old crop wheat and barley prices drop significantly. Let’s make room for new crop and get a good number for old crop now. Call us at 1-888-969-5552 to help you market your grain.

Picked-Up La Crete Area Bids

Call Clayton or Erin, 1-888-969-5552, ext 1

– FEED BARLEY @ the bin:
August: $4.15-4.20/ bushel

NEW CROP:
Sept-Oct:  $3.50/ bushel
Nov-Dec: $3.55-3.60/ bushel
Jan-Mar: $3.65/ bushel
Apr-June: $3.75-3.80/ bushel

– FEED WHEAT @ the bin:
AUGUST: $5.15-5.20/ bushel

– #1/2 CPSR WHEAT:
June-July: Feed pricing currently stronger.

#1/#2 HRS Wheat:
-August: $6.40-6.6.50/ bushel picked-up based 13-13.5% protein.

– 2CW OATS @ the bin (subject to sample):
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:
August: $2.20-2.30/ bushel, depending on quality

– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
August: $7.20

– 2CW YELLOW PEAS @ the bin
August: $6.05/ bushel picked-up

– FEED PEAS @ the bin
August: $6.00/ bushel

– 2CW FABAS @ the bin:
August: $9.80/ bushel

– FEED FABAS @ the bin
August: $6.00/ bushel

– CANOLA @ the bin (as of March 13th):
Based Max 2% Green!
August: $8.80-8.90/ 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:
August: $4.30/ bushel

NEW CROP:
Sept-Oct:  $4.00/ bushel
Nov-Dec: $4.10-4.20/ bushel
Jan-Mar: $4.30/ bushel
Apr-June: $4.40/ bushel

– FEED WHEAT @ the bin:
August: $5.50-5.55/ 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):
August: $3.10-3.20/ bushel
– 3CW OATS @ the bin
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin
August: $2.70-2.80/ bushel, depending on quality

– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
August: $7.40/ bushel

– 2CW YELLOW PEAS @ the bin
August: $6.15/ bushel

– FEED PEAS @ the bin:
July-August: $6.00-6.25/ bushel

– 2CW FABA BEANS @ the bin
August: $10.20/ bushel
– FEED FABAS @ the bin
August: $5.90-6.00/ bushel

– CANOLA @ the bin (as of March 13th)
Based Max 2% Green!
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!

Picked-Up Athabasca Area Bids

Call Clayton or Erin, 1-888-969-5552, ext 1

– FEED BARLEY @ the bin:
August: $4.40-$4.50/ bushel

NEW CROP:
Sept-Oct: $3.90-$4.00/ bushel
Nov-Dec: $4.00-$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
September: $2.80-2.90/ 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-Novemeber: $7.20-$7.40/ bushel

– 2CW YELLOW PEAS @ the bin
August-November: $5.60/ bushel

– FEED PEAS @ the bin
August: $5.90/ bushel

– 2CW FABAS @ the bin:
August-Novemeber: $7.13/ bushel

– FEED FABAS @ the bin
August: $6.25-6.40/ bushel

– #1 CANOLA @ the bin (as of August 14th )
August: $9.30-9.40/ bushel
September: $9.20/ 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!

… Need a price for something else? Please email or give Clayton@Agfinity.com  or  Erin@Agfinity.com  or give us a call!

Picked-Up St. Paul Area Bids

Call Nelson, 1-888-969-5552, ext 3

– FEED BARLEY  @ the bin:
August: $4.30-$4.50

NEW CROP
Sept-Oct: $3.95-$4.00
Nov-Dec: $4.00-$4.05/bushel

– FEED WHEAT  @ the bin:
August: $5.75-$6.00

** 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: $2.80-$3.00

– 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: $8.00/bu picked up
3% bleached or less – call for higher bleached.

– YELLOW PEAS  @ the bin
August: $6.00picked up

– FEED PEAS  @ the bin
August: $5.85/bushel

… Need a price for something else? Please email or give me a call!

Picked-Up Edmonton Area Bids

Call Clayton or Erin, 1-888-969-5552, ext 1

– FEED BARLEY @ the bin:
August: $5.00/ bushel

NEW CROP:
Sept-Oct:  $4.20-$4.30/ bushel
Nov-Dec: $4.25-4.40/ bushel

– FEED WHEAT @ the bin:
August: $5.90/bushel

– #1/2 CPSR WHEAT
August-September: 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):
August: $3.40/ bushel
September: $2.90/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.

– FEED OATS @ the bin:
August: $2.90-3.10/ bushel, depending on quality

– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
August-Novemeber: $7.35/ bushel

– 2CW YELLOW PEAS @ the bin
August: $5.85/ bushel

– FEED PEAS @ the bin:
August: $5.80/ bushel

– 2CW FABAS @ the bin:
August: $7.40/ bushel

– FEED FABAS @ the bin
August: $6.40-6.50/ bushel

– CANOLA @ the bin (as of August 14th)
August: $9.40-9.50/ bushel
September: $9.20-$9.30/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!

Picked-Up Camrose Area Bids

Call Clayton or Erin, 1-888-969-5552, ext 1

– FEED BARLEY @ the bincam
August: $5.00-5.05/ bushel

NEW CROP:
Sept-Oct:  $4.15-4.20/ bushel
Nov-Dec: $4.20-4.30/ 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: $6.40-6.50/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: $7.40-$7.60/ bushel

– 2CW YELLOW PEAS @ the bin
August: $5.90-$6.00/ bushel

– FEED PEAS @ the bin
August: $5.90/ bushel

– 2CW FABAS @ the bin:
August: $7.40/ bushel

– 3CW FABAS @ the bin:
May-June: $7.20/ bushel

– FEED FABAS @ the bin
August: $6.40-6.50/ bushel

– CANOLA @ the bin (as of July 30th)
August: $9.50/ bushel
September: $9.40/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!

Picked-Up Vermilion Area Bids

Call Nelson, 1-888-969-5552, ext 3

– FEED BARLEY @ the bin:
August: $4.30-$4.50/bushel
NEW CROP:
Sept-Oct: $4.00-$4.05/bushel
Nov-Dec: $4.05-$4.10/bushel

– FEED WHEAT @ the bin:
August: $6.00
New Crop: $5.45-$5.50

– 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: $6.15-$6.25/bushel

– FEED PEAS @ the bin
August: $6.20/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:  $4.20-$4.25/bu/ bushel
Nov-Dec: $4.35-$4.35/ bushel
Jan-Mar: $4.40-$4.45/ bushel
Apr-June: $4.50/ bushel

– FEED WHEAT @ the bin:
August: $6.05-$6.10/ bushel

– #1/2 CPSR WHEAT:
August: 6.30

#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: $4.55-$4.65

NEW CROP
Aug: $4.50:/bushel
Sept-Oct: $4.30/bushel
Nov-Dec: $4.30-$4.35/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: $8.00/bushel
Max 3% bleach
*Call or email on higher bleach.

– YELLOW PEAS @ the bin
August: $6.00-$6.25/bushel

– FEED PEAS @ the bin
August: $6.00/ 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.

Picked-Up Calgary Area Bids

Call Nelson, 1-888-969-5552, ext 3

– FEED BARLEY  @ the bin:
August Quick Movement: $5.00

New Crop
August: $4.60-$4.65/bushel (Must move in August)
September-October: $4.40-$4.45
November-December:$4.45-$4.50

– 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: $3.25/ bushel depending on quality.

– GREEN PEAS  @ the bin:
August: $8.00/bu picked up
3% bleached or less – call for higher bleached.

– YELLOW PEAS  @ the bin
August: $6.30-$6.45/bushel
SeptemberOctober: $630-$6.45/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: $4.80

New Crop:
August New Crop: $4.60-$4.80/bushel
September/October New Crop: $4.50/bushel
November/December: $4.50-$4.55
– 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/bu picked up

– YELLOW PEAS @ the bin
August-October: $6.00-$6.15

– FEED PEAS @ the bin
August: $6.00/ 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: $5.10-$5.25

New Crop
August New Crop: $4.90-$5.00
September-October New Crop: $4.75-$4.80
November-December New Crop: $4.80-$4.85

– FEED WHEAT :
August (Old Crop): $6.35-$6.45

– 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): $6.25-$6.50/ 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!

Picked-Up Barrhead Area Bids

Call Clayton or Erin, 1-888-969-5552, ext 1

– Old Crop FEED BARLEY @ the bin:
August $4.40-$4.50/
-NEW CROP:
Sept-Oct: $3.90-$4.00/ bushel
Nov-Dec: $4.05/ bushel

– FEED WHEAT @ the bin:
August: $5.50/ bushel

– 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: $2.80-$3.00/ bushel depending on quality

– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
August-Novemeber: $7.20/ bushel

– 2CW YELLOW PEAS @ the bin
August-Novemeber: $5.70-$6.80/ bushel

– FEED PEAS @ the bin
August: $5.70/ bushel

– 2CW FABAS @ the bin:
August: $7.20/ bushel
– FEED FABAS @ the bin
August: $6.25-6.40/ bushel

– #1 CANOLA @ the bin (as of August 14th )
August: $9.40/ bushel
September: $9.20/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!

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CLIENT TESTIMONIALS

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–  James Taylor, Leslieville, AB

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–   James Thompson, Millet, AB

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–   Phillip & Glenda Collinge, Lloydminster, SK

“I really like the personal touch in the newsletter! Thanks for sending that out!”
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“I really enjoy working with you guys and the transparent service you provide!”

–  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.”
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August 14, 2019