Candice grew up in rural Dawson Creek, BC where she was very involved in horse 4-H, and loved helping out at friends cattle farms. Having a love for animals from an early age she was always caring for a bunny, a cat, a horse or all the above and more!
Candice married the love of her life & high school sweetheart Cody in 2004. They spread their wings and moved to Grande Prairie, AB together where they still live. Cody and Candice spent their first 15 years of marriage traveling, working hard and enjoying the great outdoors- camping, snowmobiling, hiking, dirt biking, motorcycling & hunting. Candice worked at an Energy & Industrial company for 14 years, working her way up from an office administrator to an office manager and finally a District Manager that overlooked numerous employees throughout BC and northern AB. Cody and Candice decided they wanted a family of their own and now have a son, Caleb who is almost 4 years old and a daughter Chloe who is just over 1 year old. Both kids love to take part in the adventures with Mom & Dad!
Candice loves solving problems at work, or better yet- being proactive before it becomes a problem! She may have spoke to you already, and she looks forward to speaking with more sellers & buyers who are working with Agfinity as we continue to grow. As a member of the Customer Experience Team she is here to help keep you happy -whether its coordinating your grain movement logistics, ensuring financial exchanges happen, or gathering information for you. If you hear the kids in the background please say hi- they are exuberant office helpers once in a while!
Because Farming is Forever
Candice Petrick
Market Report – Declan Kummer
Good day to all! Here is your Agfinity market report. Feed barley prices has continued to struggle as the Statistics Canada stocks report came out this week. Barley stocks have increased 60.9% year over year to 5.1 million metric ton as of December. Even though domestic feed use has increased it is in line with the 5-year average. The higher number in the increase in feed suggests barley is being displaces with other feed sources such as oats and US corn. With these drops in barley prices, it has caused a lot of farmers to hold of selling. With that in mind, planning to get your barley moved should be a priority. With there still being so much tonnage available it is indicating we probably will not being seeing much of a rise in prices this spring. Feed prices delivered to Lethbridge are still sitting around a $420-425/MT delivered to feedlots in the area. That price will not hold much longer for February/March. If you can look to get your Barley moved in April/May that is when you could see a better price but getting it booked now is they key as space has been filling up fast.
The Oat market has been dead for much of the new year, Markets farm indicated that “stocks of oats nearly doubled, rising 90.8% year over year to a record high 3.6 MMT as of December 31, because of higher production (+80.3%). This number shows the market is overburdened with massive oat supply this year”. This has been right in line with what I have been seeing as most of the Oats have been selling to the feed market this year and buyers are getting calls from everyone hoping to get rid of there Oats. Many buyers have stated that they can buy Oats all day long at $4.00/bu. Maybe the milling market will finally wake up at the beginning of March but with such high Oat stocks many buyers do not have to look far to lock in a good deal of tonnage.
Wheat prices have also been mixed but look to be improving with improved export sales as of late. There have been many buyers around the $12.00/bu delivered price with premiums for higher protein. Canola prices have also been mixed with the volatility in the veg oil and crude oil markets not helping gain any stability for Canola prices. Average prices for the next few months bouncing around $19.00-19.50/bu delivered to many central Alberta buyers.
Seller tip: Most buyers are looking for April/May delivery. Waiting until spring can net you a few extra bucks per metric ton. You may see premiums for feed barley of a $430/bu delivered. Also looking towards new crop may be advantageous right now with new crop pricing for September/October are sitting around $375-380/MT delivered to Lethbridge.