Feed Grain Update - May 2020

Good afternoon,
 
I imagine this email will find most everyone either in the field or just getting started. It seems to be a slow start for seeding with it being so wet last fall then very cool through April. Here’s hoping that things start to progress faster from now on.
 
We have been seeing slightly lower demand for feed barley which has lower bids on farm. Seems the mills have most of their requirements covered for May.  I am not sure how this is translating into delivered bids. We are seeing low vom barley trading for $186 picked up in Western MB and Eastern SK. Also have offers on low vom barley of $220 delivered Elie MB area. Big lots (10 loads) are a bit harder to find as time goes on.
 
Feed wheat is staying fairly strong. We traded some low vom, 60lb, dry, 13 protein feed wheat at $204.50 picked up west of Moosomin SK. We also have had offers of $235 to $240/MT delivered Elie area on good quality low vom feed wheat. There is still a fair amount of tough (17 moisture) HRS wheat grading feed on farm. Most of the owners of this wheat have turned the fans back on and will have it available by early June when its dry.
 
Feed peas have moved up in value as #2 edible yellow peas are now worth $7 to $7.25 on farm. This has pushed feed pea prices out of a lot of rations as they would be $275- $285 MT delivered eastern MB. We have not priced any soybean meal this month so we can’t help with those numbers.
 
Anyone who might need some feed grain give us a call and we will help find it for you.  
 
Richard Chambers
Quality Grain Marketing
1-204-729-1354  -Office
1-204-761-8320 - Cell
[email protected]
www.QualityGrain.ca
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