Right now I should be thinking about Christmas as the snow is flying here in Brandon. I am not ready for Christmas or winter for that matter. If the forecast is right, we will have plus temps all next week so good-bye snow. That is fine with this broker.
It seems that the only thing I talk about is how volatile the markets are. That hasn’t changed which isn’t a surprise considering all the things going on in the world, politically and economically. And then we have the Gaza war thrown in for interest. So enough of that.
We have had a busy month in October. Trading grain was uneven but the month as a whole a decent amount of grain was contracted. Prices aren’t much different on average from beginning to end of the month. Feed grains such as corn and barley trended down (corn is under $7.00 picked up and barley is 5.75/bus - location dependent, peas in SW MB hit as high as $11.00/bus picked up but in the past couple weeks have come down closer to $10.50/bus. Feed wheat is just over $8.00/bus, and milling oats seem to be holding $5.00-5.25/bus picked up depending on the area. As I write this it seems that producers are locking the bin door again. We are still seeing large quantities of corn in the feed market. If you want to see what it has done to markets take a look at the bids for ethanol corn into Minnedosa. There aren’t any bids until March. They are covered. Not a good sign if you are looking for a big price bump in any of the feed grains.
We do have some homes for barley and yellow peas. If you need to move either by year end let us know and we will work on that. Sitting in our chairs looking at bids everyday we see trends farmers may miss. As mentioned earlier the Ethanol plants are booked solid until the end of March. We are seeing similar trends in Milling Oats and Yellow Peas. As time goes the bids keep getting pushed further out and closer to spring. This calls for some forward planning. If you are looking for January movement and cash flow locking in a few super b’s in the next couple weeks for January would be advised.
This month we would like to reacquaint you with our Quality Grain Marketing Broker Team. Since I am here in Manitoba that is where I will start.
Richard Chambers: Retired farmer from Boissevain MB. Lives in Brandon. Has worked with Quality Grain for 18 years as broker/marketer. Can be reached at email@example.com or 204-761-8320.
John Falk: Retired farmer from the Winkler area. Lives in Altona. Has been with Quality for 9 years as a broker. He is our corn guy. John@qualitygrain.ca or 204-362-0167 will reach him.
Brent Lewis: Farms in the Minnedosa area. Worked with Viterra and Wilbur Ellis. Has been with Quality Grain for 2 years. Contact him at firstname.lastname@example.org or 204-868-8070.
Johan Brand: Lives in the Cardale area. Works in the livestock industry currently. He can be reached on Facebook, or email at jojomasteronline@gmail, or 431-757-3385.
Jeff Sigurdson: Lives in Winnipeg. Jeff has over 20 years of experience dealing in Soymeal and DDGs. If you are looking for either product, he is the man to talk to for pricing and freight. He can be reached at email@example.com or 204-205-0380.
Richie Yaremko: Retired farmer from the Willowbrook area. Lives in Yorkton. Was a sales rep with Cargill for 17 years, followed by a farm market advisor for 7 years and Quality now for 8 years. He brings a great level of knowledge on both the buy and marketing side of the markets. Richie can be reached at firstname.lastname@example.org or 306-620-9026.
Robert Rusu: Retired farmer from the Avonlea area. Lives in Moose Jaw SK. Has been with Quality Grain for nearly 4 years. He is our Lentil and Chickpea guy. email@example.com or 306-631-8204.
Brent Warren: A former rancher in the Canora SK area. Currently living in Champion AB. Has been with Quality for just under two years. He is our freight and feedlot guy. Brent can be reached at firstname.lastname@example.org or 306-562-0419.
Jason Thalheimer: Former oil patch directional driller, he left the patch to settle into a less nomadic lifestyle and decided to give learning the ropes on being a grain pusher a go. Jason works from his acreage just north of Okotoks AB. Give Jason a call for all your grain marketing needs and weekly price updates. He can be contacted at email@example.com or 403-826-8650
Andrew Turner: Is the newest addition to the Quality team. Living at Three Hills AB, Andrew is our Organic Grain contact. Something we had very limited exposure with before, he is a welcomed addition to the group. If you have any Organic Grain or specialty crop products he is the guy to call. Andrew can be contacted at firstname.lastname@example.org or 587-287-8447
Reed McDonald: Owner of Quality Grain since 2019 is the man of many hats, not limited to - tech support, customer relations, bookkeeping, contracting, technology officer, logistics, and grain brokering.
If you have any marketing needs, reach out to any of the brokers listed above. They are all great resources that would love to hear from you on your grain marketing needs. As always if you have any wants, needs, wishes or suggestions let us know. We'd love to hear from you guys. Have a great Remembrance Day Weekend!
Till next month,
Marketer - Brandon, MB
204-729-1354 - Office
204-761-8320 - Cell