Quality Grain Marketing - Canadian Grain Brokerage
  • Home
  • Services
  • Newsletter
  • Grain News
  • Contact
  • Bid Sheets
  • Store

Quality Grain Marketing
​Newsletter

Grain Today - February 2021

8/2/2021

 
Well we are firmly into winter for 2021. -53 C with the wind-chill in Brandon this morning. Not great weather to be thinking about moving grain. I hope you don’t have much committed to move this week as it is always twice as hard to work in this much cold. The idiot that said it’s a dry cold should actually try it some time.
 
Well that has the weather covered short term. We are hearing reports from all over the prairies that there was very little fall moisture and as of right now very little snow cover. We will need timely rains to grow a good crop this year. But when you think about it that is the same every year. If anyone has what they would call good moisture please let us know.
 
It has been an interesting year in grain markets. It seems so long as China and Australia are in the midst of a trade war the prices will continue to stay strong. We are seeing very strong feed grain prices in all areas. We have aggressive buying from AB feedlots for $310 delivered barley. Higher prices for May/June movement. The bids change significantly from day to day so it is a good idea to check with us before you sell. As examples we have had feed wheat bids of $273 for Feb March and $286 for May/June picked up Vulcan area. $5/MT less in south western SK for similar time frames. SE SK bids of $281 Apr/May ($7.57 net after brokerage) and $286 May/June ($7.71 net). I think these are very competitive prices for wheat. If you have issues selling #1 or #2 into the feed market we can call it #1 if it would help. I think these are competitive with any of the milling wheat bids out there.  
 
There is always a negative for every positive. Just think how this will be impacting the whole feeding industry. There will be an ocean of red ink if these prices continue.

Here are some examples of barley trades:

AB           Blackie - $299 for April/May
                Rimbey - $287 for March
                Delivered Picture Butte - $275 for Sept/Nov deliver
 
SK           Kenaston - $271 Feb/Mar
               Redvers - $265 Feb/Mar
               Willowbrook - $268 Feb/Mar     
 
MB         Brandon - $266 Mar/Apr
               Binscarth - $265 Mar/Apr
 
Corn in MB is playing a big part of the spread from AB to MB for feed prices. There are getting to be less movement for Feb as most buyers are covered. If you need to move some let us know and we can get you bids.
 
We have good demand for all kinds of feed grains, yellow peas, and lentils. Green peas are clawing their way back toward levels we had before Christmas, but still seeing softer demand.
 
Milling oats seem to be one of the commodities that haven’t been climbing in the new year. There is still a decent supply of oats in the US so this isn’t helping our prices. We do still have decent demand so don’t hesitate to ask us to do some price checking.   
 
Aggressive buyers for heated and green canola as well.
 
As always stay safe, don’t let Covid get you down as it is just too cold to go out right now anyway. Let’s hope our government can get their act together and get Canadians vaccinated in a timely fashion.
 
Till next month.


John Falk                                                      Richie Yaremko
Marketer – Altona MB                               Marketer – Yorkton SK
John.qualitygrain@gmail.com                  Richie@qualitygrain.ca
204-362-0167                                              306-620-9026
 
Victor Dorma                                                Reed McDonald                    
Marketer - Airdrie AB                                  Owner/Marketer – Calgary AB.
Victor.qualitygrain@gmail.com                 reed@qualitygrain.ca
587-438-6749                                               403-380-5044
 
 
Wes Schneider                                            Howard Warren
Marketer - Vulcan AB                                 Marketer – Champion AB
Wes@Qualitygrain.ca                                 howard@qualitygrain.ca
403-485-5565                                               403-485-8569
 
 
Robert Rusu                                                  Andrew Hall
Marketer - Moose Jaw SK                           Marketer – Lethbridge AB
robert@qualitygrain.ca                               andrew@qualitygrain.ca
306-631-8204                                                403-634-6233
 
Richard Chambers
Marketer
Brandon MB.
204-729-1354 – office
204-761-8320 - cell
Richard@qualitygrain.ca
www.QualityGrain.ca

Comments are closed.

      Subscribe

    Subscribe to Newsletter

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    October 2019
    September 2019
    August 2019
    June 2019

Quality Grain Marketing
A 6830944 Manitoba Ltd. Company
Quick Links
Services
Grain for Sale
​Grain News​
​Store
Bid Sheet
​Newsletter
Contact
​Sign Up
​Sign In
Rights
Terms of Use
Disclaimer
Privacy Policy
Copyright © 2022 6830944 Manitoba Ltd. All Rights Reserved.
  • Home
  • Services
  • Newsletter
  • Grain News
  • Contact
  • Bid Sheets
  • Store