Toil, tears, sweat… Reset.
It’s farming in Canada, lest we forget.
Riding a tractor on a pleasant, warm day, sipping an endless supply of refreshment while watching the crop grow… These moments are few and far between for the average farmer.
We shared our experience with on-farm problem solving in the October newsletter: “Farmin’ ain’t easy… But somebody’s gotta do it.” … We didn’t actually give it that title, but in hindsight, it would have been perfect.
We know our customers face trial and tribulation nearly every day. Some days, it might be a broken fence, and a few cattle on the loose. Other days, a herd of elk – feasting on a grain bag they mistook for a nicely wrapped Christmas present.
When isolated, they are issues that can be dealt with. But, when forced to juggle multiple issues at the same time, suddenly, we have before us an ordeal of the most grievous kind.
“What is our aim…? I can answer in one word: Victory. Victory at all costs – Victory in spite of all terror. – Victory, however long and hard the road may be, for without victory there is no survival.” – Winston Churchill
This was our aim when we recorded The Agfinity Theme Song this harvest. We wrote lyrics a couple days before the shoot. We lost half our footage during the process. We even spent a small fortune on cowboy hats… Who knew a “7X” meant “pay-up Cowboy”!?
…Above everything, we took a risk. Singing in three-piece suits while dangling from silos could be perceived as reckless. Or at least a little obnoxious… Even so, and though we don’t sing for money, we knew we had to give you our best. And not just in this video, but every day we come to work! Suited-up or not…
Barley: Warm weather has kept quick movement demand slow, but we have great opportunities for Jan-Feb as well as March through May. This is a great time to get a head start on the January new tax year rush. Call us with offers!
Wheat: We are still seeing lower protein gradable wheat coming to the feed market, but feed wheat prices are still holding with about a nickel carry per month into Lethbridge. We have a few great options for Jan-Feb and some quick movement opportunities are still available if you’re looking for movement before the new year. Call us and we can discuss options.
Oats: The oat market hasn’t looked very promising, but opportunities for trade into China are being considered. Chinese demand is rising but different tariffs have kept North American oats out of the market. Spring threshed oats filled feed buyers early this year keeping prices down. For good quality 2CW, we are seeing about a nickel carry per month into spring/summer.
Canola:Strength in the Canadian dollar has made the canola market bearish currently. If the US hikes interest rates, this will pressure our dollar which will make canola more attractive to international buyers. January delivered bids hovering just over $11/bu.
Peas:Yellows: A little more promising on yellows lately as opportunities for quick movement have become available. Sales fill quickly and then prices drop back down. We have delivered bids still at $6.68/bu with some movement for higher tonnage offers at $6.78-6.83/bu. Greens: Prices have held at $8.00-$8.08/bu delivered – flat through Jan-March.
Send us your samples!!
Mail to: 3-5400 50 Street, Stony Plain, AB T7Z 1B7
The Feed Buyer Brief – Joseph Billett
Buyers and sellers alike are busy fattening themselves and the turkeys in preparation for Christmas. Traders typically get a little sluggish this time of year, myself included. Some feedlots are still looking to get coverage for January – February but those homes are few and far between. Most buyers are not in a panic to pay up for new year coverage yet.
Feeders are paying premiums for the March – May delivery period. As we see it, northern buyers have quite a bit of coverage for April – May which may force sellers to look south for homes in the new year.
Corn is trading into the Lethbridge market at $220MT, which will keep the cap on Barley and Wheat prices moving forward. Would love to hear your thoughts on current markets! @JosephBillett .
Quicker movement targets, or pick-up locations outside of Grande Prairie / Peace County might trade for slightly less.
– #1/2 CPSR WHEAT:
Most feed bids are still stronger. Call to discuss!
#1/#2 HRS Wheat:
What’s the protein…? Give me a call!
– 2CW OATS @ the bin (subject to sample):
Dec: $2.55-2.60/ bushel
Jan-March: $2.65/ bushel
April: $2.75/ bushel
May: $2.80/ bushel
June: $2.75/ bushel
July-August: $2.70/ bushel
– 3CW OATS
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS, low quality
Dec-Feb: $1.75-2.00/ bushel
– GREEN PEAS @ the bin:
December-February:
Max 3% bleach: $7.75/ bushel
*Call or email on higher bleach.
– YELLOW PEAS @ the bin
Dec-Feb: $6.20/ bu
– FEED PEAS @ the bin:
Dec-Jan: $5.50/ bushel
– FEED FABA BEANS @ the bin:
Dec-Feb: $5.75 bushel, based dry / 0 tannin
– CANOLA @ the bin:
Canola trading over $11/bu delivered later winter and $10.70/bu picked-up right away! Give Jared@Agfinity.com a call to discuss, or email with your legal land description to get a price!
Feed pricing is currently stronger. Call to discuss strategy!
#1/#2 HRS Wheat:
Protein discounts are HUGE right now. Be sure you’re comparing apples to apples when shopping around. *If you have good protein / high falling #, it will most likely be worth storing till the new year.
– 2CW OATS @ the bin (subject to sample):
Dec-Jan: $2.70-2.75/ bushel
Feb-April: $2.80/ bushel
May-June: $2.90/ bushel
July-Aug: $3.00/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
December-January: $1.85-2.00/ bushel
– GREEN PEAS @ the bin:
December-January:
Max 3% bleach: $7.60/ bushel
*Call or email on higher bleach.
– YELLOW PEAS @ the bin
50% duty and good crops in India has bids down currently:
December-January: $6.00/bu
– FEED PEAS @ the bin
December-January: $5.75-6.00/ bushel
– FEED FABAS @ the bin
December-January: $6.00-6.40/ bushel
– CANOLA @ the bin (As of Dec 12th)
Dec-Jan: $10.50-10.70 bu picked-up
Feb-March $10.90-11.00/bu picked-up
April-May: $11.10/bu picked-up
*Give us a call to discuss placing a target, or email Tracy@Agfinity.com with your legal land description for a price!
Feed pricing is currently stronger. Call to discuss strategy!
#1/#2 HRS Wheat:
Protein discounts are HUGE right now. Be sure you’re comparing apples to apples when shopping around. *If you have good protein / high falling #, it will most likely be worth storing till the new year.
– 2CW OATS @ the bin (subject to sample):
Dec-Jan: $2.85/ bushel
Feb-April: $2.90/ bushel
May-June: $3.00/ bushel
July-Aug: $3.00/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
December-January: $1.85-2.00/ bushel
– GREEN PEAS @ the bin:
December-January:
Max 3% bleach: $7.85/ bushel
*Call or email on higher bleach.
– YELLOW PEAS @ the bin
50% duty and good crops in India has bids down currently:
December-January: $6.15-6.20/bu
– FEED PEAS @ the bin
December-January: $6.00-6.20/ bushel
– FEED FABAS @ the bin
December-January: $6.00-6.40/ bushel
– CANOLA @ the bin (As of Dec 12th)
Dec-Jan: $10.60-10.80/ bu picked-up
Feb-March $11.00-11.10/bu picked-up
April-May: $11.20/bu picked-up
*Give us a call to discuss placing a target, or email Tracy@Agfinity.com with your legal land description for a price!
Feed pricing is currently stronger. Call to discuss strategy!
#1/#2 HRS Wheat:
Protein discounts are HUGE right now. Be sure you’re comparing apples to apples when shopping around. *If you have good protein / high falling #, it will most likely be worth storing till the new year.
– 2CW OATS @ the bin (subject to sample):
Dec-Jan: $2.85-2.90/ bushel
Feb-April: $2.90-2.95/ bushel
May-June: $3.00/ bushel
July-Aug: $3.00/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
December-January: $2.10-2.35/ bushel
– GREEN PEAS @ the bin:
December – January: $7.85/bu picked up
– YELLOW PEAS @ the bin
December – January: $6.20/bu picked up
– FEED PEAS @ the bin
December-January: $5.75-6.00/ bushel
– FEED FABAS @ the bin
December-January: $6.00-6.40/ bushel
– CANOLA @ the bin (As of Dec 12th)
Dec-Jan: $10.70-10.80/ bu picked-up
Feb-March $10.95-11.05/bu picked-up
April-May: $11.20-11.25/bu picked-up
*Give us a call to discuss placing a target, or email Tracy@Agfinity.com with your legal land description for a price!
Feed pricing is currently stronger. Call to discuss strategy!
#1/#2 HRS Wheat:
Protein discounts are HUGE right now. Be sure you’re comparing apples to apples when shopping around. *If you have good protein / high falling #, it will most likely be worth storing till the new year.
– 2CW OATS @ the bin (subject to sample):
December-January: $2.85-2.90/ bushel
February-April: $2.90-2.95/ bushel
May-June: $3.00/ bushel
July-August: $3.00/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
December-January: $2.10-2.35/ bushel
– GREEN PEAS @ the bin:
December-January: $7.60-7.68/bu picked up
– YELLOW PEAS @ the bin
December – January: $6.00/bu picked up
– FEED PEAS @ the bin
December-January: $5.85-6.00/ bushel
– FEED FABAS @ the bin
December-January: $6.15-6.40/ bushel
– CANOLA @ the bin (As of Dec 12th)
Dec-Jan: $10.70-10.75/ bu picked-up
Feb-March $10.80-10.90/bu picked-up
April-May: $11.00-11.10/bu picked-up
*Give us a call to discuss placing a target, or email Tracy@Agfinity.com with your legal land description for a price!
Feed pricing is currently stronger. Call to discuss strategy!
#1/#2 HRS Wheat:
Protein discounts are HUGE right now. Be sure you’re comparing apples to apples when shopping around. *If you have good protein / high falling #, it will most likely be worth storing till the new year.
– 2CW OATS (subject to sample):
Dec-Jan: $3.05-3.10/ bushel
Feb-April: $3.05-3.10/ bushel
May-June: $3.10/ bushel
July-Aug: $3.15/ bushel
– 3CW OATS :
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS :
December-January: $2.50/ bushel
– GREEN PEAS :
December – January: $8.00-8.08/bu delivered
– YELLOW PEAS
December – January $6.40 – $6.68/bu delivered
– FEED PEAS
December-January: $6.43/ bushel delivered
– FEED FABAS
December-January: $6.50-7.00 bushel
– CANOLA Delivered (As of Dec 12th)
Dec-Jan: $10.95/ bu
Feb-March $11.00-11.10/bu
April-May: $11.30/bu
*Give us a call to discuss placing a target, or email Tracy@Agfinity.com with your legal land description for a price!
“No matter who I talk to at Agfinity, you always take care of things. You guys are so great to work with!”
– James Taylor, Leslieville, AB
“Other buyers call me, and I always tell them that the best service I get is from Agfinity, and that you guys are who I market my grain through.”
– James Thompson, Millet, AB
“Most of our marketing decisions are based off of your newsletter! We really appreciate you sending it out!”
– Phillip & Glenda Collinge, Lloydminster, SK
“I really like the personal touch in the newsletter! Thanks for sending that out!” – Jim Majeski, Camrose, AB
“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.”
– Drann Hogg, Huxley, AB
“Thanks for continuing to send out a newsletter. I read right through it every time, and look forward to crop price updates.”
– Orest Hulowski, Perryvale, AB
“Enjoy reading your newsletter and price updates keep them coming, good job.”
– Peter L .Gross, Standard, AB
Have a testimonial we can share?
Just email us and say something nice about what we do. 🙂
