Faba Bean Feed Benchmark

Oct 13, 2016
 
Prices on feed wheat and barley continue to be heavily influenced by the widespread infection of this year’s crops with fusarium mold, and resulting high vomitoxin levels.
 
Low vomitoxin grain values escalated by $15-20/T in Manitoba and Saskatchewan due to scarcity of supply while remaining relatively stable in Alberta. Values for high vomitoxin grains (greater than 1 ppm) remained unchanged.
 
Corn pricing dropped slightly in Manitoba but remained unchanged in Saskatchewan and Alberta. Corn DDGS prices continued to soften except in Alberta, where values increased by $20/T.
 
Soybean meal and canola meal prices reflected the switch to October futures contracts by further declining by $20-30/T across the Prairies. Feed grade peas and lentils and fababeans traded in Alberta at $195/T, $210/T in Saskatchewan, and $235/T in Manitoba.  
 
Source : Albertapulse
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