January 2020 - Feed update

Good afternoon,
 
I hope everyone had a good Christmas Season with time to spent with family and friends.
 
We have seen the feed market stay fairly stable over the last month. Good dry feed wheat is worth $5.35 picked up in western MB. We have been trading $4.10 to $4.15 picked up for good barley in the same areas. Prices go up as you move east and down as you move into SK. There is a lot of tough feed wheat out there. Good bushel weight, low vom, no ergot but 16 to 18 moisture. A significant percentage of this wheat is very good quality other than having poor falling numbers. Some of this will be available as dry feed wheat in June and July. So, we shouldn’t run out of wheat.
 
Anyone looking for good dry barley might want to find a good chunk of their supplies in the next 2 months. We are seeing barley that has heated already. This makes me think there will be quality issues in the spring.
 
As an indication on what we could find if you are looking for delivered feed grain. All of these are good bus weight, dry, low vom and nil ergot:
 
Barley - $210
Feed wheat - $ 218
Feed peas - $245
 
Give us a call if you would be interested in what we have to offer.
 
Richard Chambers
Quality Grain Marketing
1-204-729-1354  -Office
1-204-761-8320 - Cell
Richard_qgm@mymts.net
www.QualityGrain.ca