There was no significant changes in the prices for any of the cereal grains over the past two weeks across the Prairies. Canola meal and soybean meal markets plunged $20/T based on political events in Brazil together with favourable planting reports out of the US. Corn DDGS pricing remained soft and are still trading at a large discount to corn prices. Faba bean and feed pea pricing softened throughout the Prairies, trading at $225-230/T in Alberta and Saskatchewan and $250-255/T in eastern Manitoba.

• AB: $313
• SK: $301
• MB: $292

* Models have been updated to reflect the latest nutrient compositions of feed ingredients, which is done periodically.

Faba Bean Benchmark Report – May 24/17