Apparently, it was very cold last week! Sadly, I couldn’t share in this weather experience with my fellow Canadians, as my family and I were kicking it beachside in sunny Cancun. Don’t get me wrong… I believe in paying my taxes and being as patriotic as the next Canuck, but when it comes to weather, all loyalty is out the window!
This was our first time staying in Cancun. It was a great experience all-around. Beautiful beach, beautiful bars, beautiful woo-ife. Wife!! I said wife! Phew… That was a close one! Love you Michelle!!
…Ahh. The beach! What’s more stimulating and invigorating than playing in the waves and sand!? I love it!
Since childhood, I’ve been a bit of a hole digger. Take the previous paragraph of this newsletter for example… It starts out as innocent curiosity. “I wonder what’s underneath this soft layer of sand…” Then comes egotistical determination. “I bet I can dig a bigger hole than any other hole that’s ever been dug on this beach!” And then, once my back has given out and my sunscreen has sweated away, I learn the true reason behind my digging.
You see, the holes I slave over aren’t for me. They’re for the good of the beach and everyone enjoying it that day.
As I climbed out of the hole, I felt like Kevin Costner on vacation. I could even hear his voice echoing off the Beach of Dreams, “You dug it! And here they come.”
My son River, who had yet to make a friend at the resort, suddenly found himself appointed as the duke of the hole, ruling amongst a duchy of new friends. I love how, even on the beach, civilization and hierarchies can be quickly established. The children took on specific roles, and within an hour, had transformed the hole from an excavation site into an upside-down sandcastle.
River waiting for friends to show up.
It’s remarkable what you can accomplish with a little digging and resolve. But, if my desire was to dig for my own satisfaction, I probably would have left the beach feeling as empty as the hole I left behind… Instead, as I returned to our little cabana, I got to experience that feel-good, disappear-into-a-corn-field-kind-of-Costner-magic as I watched kids from all around venture to the beach’s newest and biggest hole in the ground.
With or without an ‘X’ to mark the spot, we truly do have the opportunity to unearth treasure wherever we are, and for whoever we’re with.
Agfinity was founded on these pillars of hard work and service, and we really do love unearthing new and exciting grain marketing opportunities for you on a daily basis!
If you harvested it, we will market it! Hope to hear from you soon!
Barley: Feed barley markets are softening with warmer weather ahead and buyers well supplied with barley, corn and wheat. Cattle seem to be shipping earlier than normal because prices from the packers are strong. This is keeping demand for the short term low and we are unlikely to see a rally until closer to summer.
Wheat: Winter wheat acres higher than anticipated in the US, keeping wheat prices down for CPS and HRS. Feed wheat still seems to have a fair bit of demand and prices are holding but there is little carry into spring.
Oats: The oat market has been uneventful. There is still a lot of good quality oats coming to the market and with average demand, there is little reason for buyers to pay up. 3CW and feed oats are a similar story.
Canola:Canola markets were quiet and higher Canadian dollar placed a ceiling on prices. Opportunities for $10.94/bu delivered Edmonton area are available, let us know if you’d like more information.
Peas:Yellows: Not much change on yellows. Still no demand from India. China has some demand for yellows which is picking up some of the buying slack. Hearing up to $6.90-$7/bu delivered. We have seen some feed peas prices stronger for yellows. Greens: Prices are slowly recovering for 2CW green peas (3% bleach or less) we now have delivered bids between $8.18 – $8.43/bu.
Send us your samples!!
Mail to: 3-5400 50 Street, Stony Plain, AB T7Z 1B7
The Feed Buyer Brief – Joseph Billett
Coming into the new year there is a disconnect between the offer and the bid and it’s not just price. Many buyers that are looking for substantial tonnage are covered out to March, there are opportunities into smaller feeders for January – February but not at the highs of the market. This is the case with both barley and wheat.
Buyers that would typically pay premiums for feed wheat have good coverage until mid February, even then, the wheat price is very close to at par with barley. With such a bearish USDA report from Friday, and corn trading into Lethbridge at very competitive feed prices, buyers are seeing all they need and don’t need to push the price to buy grain.
A strategy for sellers is to choose what is most important to you when posting offers right now. Price or delivery time, knowing that buyers are beginning to buy into that April – May timeframe, decreasing demand during peak premium season.
“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. 🙂
