Just when we thought spring was in the air, mother nature comes and brings the winter hammer. There are benefits right now with this weather to the seller, such as postponing Road Bans, and colder temperatures which increases feed consumption by 10% per 10 degrees below 0. This may not generate higher prices, but it will keep buyer interest up and possibly slow eroding prices.
Feedlots are 80-90% covered for March and, still wanting to have space to buy as cheaper grain comes to market this spring, are 50% covered for April. No one has a clear sense of what to expect this spring. Obviously, sellers are bullish, and buyers are bearish, but there are too many variables this year to have any clear insight. Let me know your thoughts! You can reach me on Twitter
@JosephBillett.
Feed Barley –
March: $2.40-2.45/ bushel
April-June: $2.50-2.55/ bushel
*If you can load throughout break-up and seeding, targets at $2.60 picked-up may still trigger
Feed Wheat –
March-April: $3.95-4.00/ bushel
*limited buyer at $4/bu FOB for March-April!
May-June: $4.00/ bushel
Call or email for #1/#2 HRS / CPS
2CW Oats (MIlling Grade) –
March: $2.40/ bushel
April: $2.70/ bushel
May: $2.75/ bushel
June: $2.70/ bushel
July: $2.75-2.80/ bushel
3CW Oats –
March-May: $2.10-2.50/ bushel
Feed Oats (Lower quality) –
March-April: $1.50-2.00/ bu
#2 Green Peas –
March-May:
Max 3% bleach: $7.25-7.30/ bushel
*Call for discounts on higher bleach.
#2 Yellow Peas –
March: $8.00/ bushel
April-May: $8.05-8.25/ bushel
June: $7.80-8.00/ bushel
NEW CROP: $7.10-7.25/ bushel
Feed Peas
–
March-April: $5.90-6.00/ bushel
Feed Faba Beans –
March-April: $5.25-5.35/ bushel
Canola:
Spot targets triggering at $11.00 picked-up.
NEW CROP targets triggering at $10.50-10.75 picked-up
*Email Jared@Agfinity.com with your legal land description for a bid!
Feed Barley –
March: $2.55-2.60/ bushel
*Some offers have still been considered at $2.65-2.75 for March, with the buyer needing the producer to be able to load when called upon.
April-May-June: $2.65-2.75/ bushel
Feed Wheat –
March-April: $4.10-4.15/ bushel
May-June: $4.15-4.20/ bushel
*Call or email for #1/2 HRS / CPS.
2CW Oats (Milling Grade) –
March: $2.55-2.60/ bushel
April: $2.85/ bushel
May: $2.90/ bushel
June: $2.80-2.85/ bushel
July: $2.90-2.95/ bushel
3CW Oats –
March-April: $2.50-2.55/ bushel
Feed Oats –
March-April: $1.55-2.00/ bushel
#2 Green Peas –
April-May:
Max 3% bleach: $7.55-7.60/ bushel
*Call or email on higher bleach.
#2 Yellow Peas –
March: $8.25/ bushel
April-May: $8.30/ bushel
June: $8.10/ bushel
NEW CROP: $7.35/ bushel
Feed Peas-
March-April: $6.25-6.35/ bushel
Feed Fabas –
March-April: $5.50-5.60/ bushel
Canola:
Recent spot bids have been around $11 picked-up.
NEW CROP canola trading around $10.40-10.60 picked-up.
Feed Barley –
March: $2.75-2.80/ bushel
*higher targets have triggered, but have been limited.
April-June: $2.80-2.85/ bushel
*some targets at $2.90 picked-up are still being considered for producers who can load anytime April, May, June.
Feed Wheat –
March-April: $4.30-4.35/ bushel
May-June: $4.35-4.40/ bushel
#1/2 CPSR WHEAT –
March-May: Up to $4.75-5.00 FOB
NEW CROP: Targets triggering up to $5.40 picked-up.
*Call/email for #1/#2 HRS.
2CW Oats (Milling Grade) –
March: $2.60/ bushel
April: $2.90/ bushel
May: $2.95/ bushel
June: $2.90/ bushel
July: $2.95-3.00/ bushel
3CW Oats –
March-April: $2.50-2.65/ bushel
Feed Oats –
March-April: $1.75-2.05/ bushel
#2 Green Peas-
March-May:
Max 3% bleach: $7.65/ bushel
*Call or email on higher bleach.
#2 Yellow Peas –
March: $8.40/ bushel
April-May: $8.45/ bushel
June: $8.25/ bushel
NEW CROP: $7.50/ bushel
Feed Peas –
March-April: $6.30-6.40/ bushel
Feed Fabas –
March-April: $5.75-5.85/ bushel
Canola:
Spring targets triggering at $11.40-11.70 picked-up
NEW CROP targets triggering at $10.50-10.75 picked-up.
Feed Barley –
March: $2.80/ bushel
April-June: $2.85-2.95/ bushel
Feed Wheat –
March: $4.25/ bushel
April-May: $4.35/bushel
#1/2 CPSR WHEAT –
March-May: Up to $5 picked-up
NEW CROP: Targets triggering at $5.60 picked-up.
Call/email for #1/#2 HRS.
2CW Oats (Milling Grade) –
March: $2.55-2.60/ bushel
April: $2.85/ bushel
May: $2.90/ bushel
June: $2.80-2.85/ bushel
July: $2.90-2.95/ bushel
3CW Oats –
March-April: $2.50-2.55/ bushel
Feed Oats –
March-April: $1.55-2.00/ bushel.
#2 Green Peas –
April-May:
Max 3% bleach: $7.55-7.60/ bushel
*Call or email on higher bleach.
#2 Yellow Peas –
March: $8.25-8.35/ bushel
April-May: $8.30-8.40/ bushel
June: $8.10-8.20/ bushel
NEW CROP: $7.35-7.40/ bushel
Feed Peas –
March-April: $6.30-6.40/ bushel
Feed Fabas –
March-April: $5.75-5.90/ bushel
Canola:
Spring targets triggering at $11.50-11.70 picked-up
NEW CROP targets triggering at $10.50-10.75 picked-up.
Feed Barley –
March-April: $2.60-2.70/bu
May-June: $2.70-2.75/bu
Feed Wheat –
March-April-May: $4.15-4.20/bu
(#1 & #2 HRS Wheat with good protein? Please call)
2CW Oats/Pony –
March: $2.50-2.60/bu
April: $2.65-2.75/bu
May: $2.75-2.80/bu
3CW Oats –
March-April-May: $2.20-2.40/bu
Feed Oats –
March-April: $1.85–2.00/bu
#2 Green Peas –
March-April: $7.60-7.75/bu picked up
*Call for discounts on higher bleach.
#2 Yellow Peas –
March-April: $7.60-7.75/bu picked up
Feed Peas –
March-April: $6.10-6.20/bu picked up
Feed Fabas –
March-April: $5.80-5.85/bu picked up
Feed Barley –
March: $2.78-2.80/ bushel
April-June: $2.85-2.90/ bushel *If you’re set on $3 picked-up, might I suggest considering a $2.95 target…? 😀
Feed Wheat –
March: $4.25-4.35/ bushel
April-June: $4.35-4.40/ bushel
#1/2 CPSR WHEAT –
March-May: $4.75-5.05 picked-up
NEW CROP: Targets triggering around $5.40 picked-up.
*Call/email for #1/#2 HRS.
2CW Oats (Milling Grade) –
March: $2.70-2.80/ bushel
April-June: $2.90-3.00/ bushel
3CW Oats –
March-May: $2.50-2.70/ bushel
Feed Oats –
March-April: $1.90-2.25/ bushel
#2 Green Peas –
April-May
Max 3% bleach: $7.50/ bushel
*Call for pricing on higher bleach.
#2 Yellow Peas –
March: $8.40/ bushel
April-May: $8.45/ bushel
June: $8.25/ bushel
Feed Peas –
March-April: $6.30-6.50/ bushel
Feed Fabas –
March-April: $5.80-6.00/ bushel
Canola:
Spring targets triggering at $11.40-11.70 picked-up
NEW CROP targets triggering at $10.50-10.75 picked-up
Feed Barley –
March-April: $2.75-2.80/bu
May-June: $2.80-2.85/bu
Feed Wheat –
March-April-May: $4.15-4.20/bu
#1/2 CPSR WHEAT –
#2CPS – 11 protein Wheat opportunity!
March-May $4.80-4.90/bu picked up
New Crop: Oct-Dec: $5.40-5.50/bu picked up
*Call/email for #1/#2 HRS.
2CW Oats –
March: $2.45-2.55/bu
April: $2.2.65-2.70/bu
May: $2.70-2.80/bu
3CW Oats –
March-April-May: $2.20-2.45/bu
Feed Oats –
March-April: $1.85–2.00/bu
#2 Green Peas –
March-April: $7.60-7.70/bu picked up
#2 Yellow Peas –
March-April: $7.60-7.70/bu picked up
Feed Peas –
March-April: $6.10-6.30/bu picked up
Feed Fabas –
March-April: $5.80-5.90/bu picked up
Feed Barley –
March: $2.90-2.95/bu
April-May: $3.00-3.05/bu
Feed Wheat –
March-April-May: $4.15-4.30/bu
#1/2 CPSR WHEAT –
#2CPS – 11 protein Wheat opportunity!
March – May $4.75-4.85/bu picked up
New Crop: Oct – Dec: $5.30-5.40/bu picked up
2CW Oats –
March-April: $2.65-2.75/bu
3CW Oats –
March-April: $2.30-2.50/bu
Feed Oats –
March-April: $1.90-2.05/bu
#2 Green Peas –
March-April: $7.50-7.60/bu
(Max 3% Bleached) *Call for pricing on higher bleach.
#2 Yellow Peas –
March-April: $8.00-8.05/bu
Feed Peas –
March-April $6.00-6.10/bu picked up
Feed Fabas –
March-April $5.80-5.90/bu picked up
Feed Barley –
March-April: $2.95-3.00/bu
May-June: $3.00-3.05/bu
Feed Wheat –
March-April-May: $4.15-4.25/bu
2CW Oats –
March-April: $2.60-2.70/bu
3CW Oats –
March-April: $2.20-2.50/bu
Feed Oats –
March-April: $1.95-2.05/bu
#2 Green Peas
-March-April: $7.50-7.70bu
#2 Yellow Peas –
March-April: $7.70-7.80/bu
Feed Peas –
March-April: $6.00-6.20/bu picked up
Feed Fabas –
March-April: $5.80-5.85/bu picked up
Feed Barley –
March-April: $3.30-3.34/bu DLVD or $3.13-3.17/bu FOB May-June: $3.35-3.40 DLVD or 3.18-3.23FOB
Feed Wheat –
March-May: $4.20-4.60 DLVD
$3.98-4.38 FOB
#2CW Oats-
$3.00-3.10/bu DLVD or $2.88-2.98/bu FOB
3CW & Fd Oats –
March-April:
$2.30-2.50 DLVD or $2.18-2.38 FOB
#2 Green Peas –
March-April:
$7.50-8.00 DLVD or $7.28-7.78 FOB
#2 Yellow Peas –
March-April:
$7.50-8.00 DLVD or $7.28-7378 FOB
Feed Peas –
March-April: $6.40-6.50/bu DLVD
Feed Fabas –
March-April: $6.00-6.10/bu DLVD