June 2019 - Feed Update
Just a short note this month.
We have been trading barley delivered into the Elie area for $267
Wheat is trading for $247 delivered Brandon area.
Corn has been offered at $250 delivered west of Brandon.
We are seeing bids from feed mills of $252 picked up in Western MB for barley.
New crop bids for both barley ($206 south of Brandon) and wheat ($220 Brandon area) are much lower.
The Alberta market is still driving the high feed prices but their new crop prices are much lower. We traded barley at $280 picked up in the Vulcan area with new crop picked up bids of $220 in the same area for Sept/Oct movement.
If you need any feed grains between now and harvest it is likely better to buy now as supplies are getting short. Especially for good heavy barley.
Give me a call if you would like to do some price discovery.
Quality Grain Marketing
1-204-761-8320 - Cell