FEed Grain Update - April 2020

Good afternoon
 
It has been an interesting month with things changing on the pandemic front almost daily. The one thing that is constant is that when you have livestock as part of your operation you have to make sure you have a full feed bin. This month we have seen many things that are negative but there are, as usual, some positives out of the changes.
 
If anyone is looking for trucks to haul loads back into Alberta give us a call as we have been approached by two different trucking companies that are looking for Alberta bound loads. Both of them normally haul bulk products for the Oil Patch like sand for the fracking process in oil well development. They are out of work and giving great rates.
 
We have seen both feed wheat and feed barley prices in Manitoba move off the lows at the beginning of February to where they are now. This week there has been some movement in delivered Lethbridge feed grain prices as well. June barley delivered Lethbridge has gone from $225 to $235/ MT. With lower freight rates this has moved the line in Saskatchewan to closer to the Manitoba border where feed grain works into Alberta instead of Manitoba. That being said we still do have some good sized lots of colony quality feed barley available. As an indication $215/MT delivered Elie area.
 
Feed wheat has been a bit harder to find. There is still some good quality feed wheat in Western MB and Eastern SK but most of it is still in the 16-17 moisture range. If someone has air bin space available this might be an opportunity to get your feed wheat supplies covered until fall. We have been getting very strong bids from some of the line companies on feed wheat such as $6.00 delivered into the Portage area, but the wheat has to be 14.5 moisture or it will be rejected. We would likely be $225-$230/MT delivered for feed wheat right now for up to 15 moisture and low vom. If you would consider trucking that might be an option to save a few pennies. We are seeing 16 moisture wheat trade at $5.10 picked up in Western MB and Eastern SK. Restrictions are not as big a problem due to the changes the MB government in spring restrictions for this year.
 
 
Give us a call if we can help with your feed grain requirements.
 
 
Richard Chambers
Quality Grain Marketing
1-204-729-1354  -Office
1-204-761-8320 - Cell
Richard_qgm@mymts.net
WWW.QualityGrain.ca
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