Faba Bean Feed Benchmark (Feb 13/17) FEB 13 2017 | Producers
Grain prices remained stable in the three Prairie provinces over the past two weeks, although barley markets continue to trend downward by about $5/T across the prairies over the past two weeks. Corn and soybean meal markets remained unchanged after the release of the latest USDA supply and demand report which continued to show very large stocks of both in storage. Canola meal values remained unchanged as well. Corn DDGS continued to suffer from an oversupply and remained largely unchanged but still priced at a discount to corn. The main pulses being fed in all three Prairie provinces are faba beans, with values in Alberta at $220, Saskatchewan at $240/T and eastern Manitoba at $265/T.
- AB: $316
- SK: $311
- MB: $306