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Good Day,
Spring is here… Well maybe… In Brandon it has been below normal compared to even the last few years. The lakes still have ice on them, the trees are just starting to leaf, and the grass isn’t growing. We have had a lot of wind too. The wind has dried out the fields so seeding in this area is in full swing even though this morning was the first time it didn’t freeze overnight in the last 10 days. Brrr!! It has been an interesting 2 months since the 52nd or there abouts Gulf war started. Unfortunately, it has had a huge impact on input prices. I suspect there will also be some shortages in fertilizer supply by the time seeding is done. The only good news is that most commodities have seen a decent price bump. My math its looking like it won’t be enough to offset the jump in inputs. Here in MB we have seen feed wheat go from $5.60 in the fall to $7.25 for Sept/Oct pick-up. Barley up from $4.00 in the fall to $5.50 now. We have also chewed through what I thought would be burdensome supplies of feed grains. The one grain that hasn’t shown much life is yellow peas. It seems there is still enough supply to deal with current demand and there isn't much life in new crop bids either. New crop yellow peas in MB are a little over $7.00/bus location dependent. On the subject of new crop, I just received some new crop soybean bids from one of our buyers. These prices are based on 13.0 moisture, no AOG, Nov/Dec movement, dockage deducted. Morden - $14.08 Brandon - $13.93 Straithclair - $13.63 These are all picked up prices after brokerage, based on the market close of May 12. The buyer will give prices for other locations. As I mentioned earlier we do have some demand for new crop winter wheat. The $7.25 price was based on Boissevain MB location. They are interested in other locations in MB as well. We can kick tires for any crop, and any delivery window you are interested in. Contact any one of our brokers with your needs. Just a reminder to give us a call for a second opinion on prices when you plan on doing some marketing. We kick tires for free. We are seeing very good demand for heated canola. Several buyers are bidding on small lots and consolidating them on their own. This means that the industrial crushers are hungry. Let us know if you have any. We can arrange movement after seeding as everyone is pretty busy right now. If you do have some just keep in mind that heated canola is not like wine. It DOESN’T improve with age. We have seen 25% heated become 40% in 2 or 3 months. A little note before I sign off. If you have any bins that have not had the tops pulled off, especially peas and lentils, please check them. We are seeing crusted/heated peas, lentils, and chickpeas. We can find markets for all qualities but it is better for you if the grain has no issues. Well that is it for this month, have a safe and productive seeding season. Until next month, Richard Chambers Marketer - Brandon, MB 204-729-1354 - Office 204-761-8320 - Cell [email protected]
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August 2026
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