Faba Bean Feed Benchmark Dec. 28/17 JAN 3 2018 | Producers
Prices for all grains remained unchanged across the Prairies on slow trading over the holiday season. Corn DDGS continue to trade at elevated prices and are being removed from diets due to lack of competitiveness with other high protein ingredient alternatives. Soybean meal prices fell by $25/T over the past two weeks based on sluggish markets and a sharp increase in the value of the Canadian dollar. Canola meal meanwhile decreased by $5-10/T. Field peas traded in the $235-240/T range in Alberta and Saskatchewan while faba beans commanded prices of $240/T and $255/T in Saskatchewan and Manitoba respectively.
- AB: $261
- SK: $283
- MB: $256