Tess is originally from Kelowna, BC, but spent most of her childhood in Hinton, AB. Growing up in the mountains she developed her love for all things outdoors, working with animals and art.
After graduating from high school Tess moved to Edmonton to attend University. In 2018 she started working with one of the largest cannabis producers in Canada at the beginning of legalization. Here is where her passion for working with plants began and where she was given opportunities to work with both indoor and outdoor producers throughout British Columbia and Alberta. Over time she worked her way up and moved on to a regional management position with a cannabis contracting company. In this position she was given the chance to work with farmers and learn more about the agricultural industry. When the opportunity came to work with Agfinity she jumped at the chance to transition into the grain industry.
When Tess isn’t working, she enjoys spending time outdoors, camping, fishing, skiing, and taking her dog hiking, or staying in for pool tournaments with friends. She also pursues art in her free time and dedicates the occasional weekend to commissioned works. Tess is excited to continue expanding on her knowledge and connecting with people in the agricultural industry.
Because Farming is Forever
Tess Vedan
Market Report – Ashley Tompkins
In the last week most commodities have remained relatively flat, no major gains or losses have been felt as we end out the month of September.
Stats Canada released their principal field crop production report, on September 14th for the current harvest, and like expected much of yield estimates for the prairies are down from last year. Barley yields are estimated to be down 22.2 per cent from 2022-23, according to MarketsFarm PRO analyst Mike Jubinville, “Barley is tight, but the price of barley is too high for export. That’s OK. We’ll feed it domestically.” He also adds, “As such, we are going to be tied to the hip to what the U.S. corn market is doing. And if U.S. corn is under pressure, barley is going to feel that pressure, competitive pressure,” he said.
Currently feed barley is trading at around $290MT FOB in the Peace region, $310 FOB in the Edmonton region and $335MT DLVD to Lethbridge. We are seeing some slightly higher prices for movement into the winter months, now might be the time to set some targets.
Oats continue to be the superstars, with some of the biggest gains and best pricing opportunities. Stat’s Canada is estimating oat yields down more than 54 per cent from 2022-23, which is having a positive impact on the price. Oat prices are up over 25% from this time last year, with the futures looking even stronger. Opportunities for strong pricing into the new year could bring prices close to over $6/bu FOB.
Seller’s tip: It’s always a good idea to have your grain graded, knowing the grade helps you to make informed marketing decisions, it also gives traders a better idea as to where they can best position your product maximizing your outcome. Please call us today 1-888-969-5552 to discuss more marketing strategies.