Gleaners at Twilight present: The Top Grain Trading Tip of 2019

By December 19, 2018Blog
“The Gleaners” by Jean Francois Millet

   What is required to make something beautiful…?

   For many, the answer might be “an hour in front of the mirror.” However, whenever my wife Michelle says, “I didn’t have time to do my makeup today,” my response always seems to be, “Oh… I didn’t notice.”

   Why is that…? Am I an unobservant husband? … Do I only care about myself?

   No! Not in the least! … Well, Michelle may rightfully argue I am a touch unobservant at times, but this is not the case when it comes to her radiating beauty. Since my initial hot pursuit in grade ten, my wife’s beautifulness has grown year after year!

   This ode to Michelle brings me to my next thought… Have you noticed how, more than ever, the world judges on face value alone? … But, the few who train themselves to truly see give themselves the priceless gift of seeing the layers beyond the image created by their own high definition retina displays. Layers that go much deeper than skin…

   An Agfinity customer recently shared this picture of crop art they had done to celebrate Canada’s 150th birthday:

“It was a team effort this year,” said Nancy Haughian of D Double H Farm in Grande Prairie. “Darren did all the math, then, with the assistance of GPS, we cut the outline with our swather, then combined and straight combined the border. This is the biggest one we’ve done! … This art of mine has a very short shelf life! Sometimes only 4-5 days!
 
   Beauty is in the eye of the beholder, they say… Except for my uncle Kent… He claims it’s in the eye of the beer-holder… But – I know – beauty is seen by those who search for it. Those who look deeper. And, especially, by those who imagine how it could look…

   How does 2019 look to you? … How could it look to you?
   For me, it’s looking superbly beautiful right now. So beautiful, I refuse to take my eyes off it.
 
   Thanks for another year of business, referrals and grain marketing trust!

   Oh, and Merry Christmas! We’d like to wish tidings of comfort, joy and rest to all you merry gentle-farmers, grain buyers, truckers and ag-enthusiasts reading this last Agfinity newsletter of 2018! 
Be sure to read through Nelson’s merry-Christmas-market-report, right on through Joseph’s bring-in-the-New-Year-market-buyer-brief!

 

Because Farming is Forever,
Jared Seitz

1-888-969-5552

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“Milky Christmas!”
Market Report 
–  
by Nelson Neumann
 

Barley: The feed barley market has been slowly creeping higher as we get closer to 2019. This is partially standard market carry not to be confused as a rally. That being said Corn prices jumped and sellers are content to sit on high pricing targets for the time being. We may see a continued climb into early 2019.

Wheat: Similar to feed barley, the feed wheat market is firming up and sellers are optimistic for spring. In addition, the elevators have been easing up on their grading. Some producers, who at one point were told their wheat graded a feed/borderline #3, are squeaking into #2CW sales. Durum bids in southern Alberta remain flat with bids around the $6/bushel for a #1 13.5% protein.

Oats: The milling oats price was largely flat most of last year. This harvest we saw a consistent climb, but that appears to have leveled out as the Oat market has stayed steady. Outlook for January-February is neutral.

Canola:  Canola has not seen any drastic change the last two weeks. However, the crude oil markets have seen better times lowering the value of the Canadian dollar. This will help Canadian Canola on the global market and we may see that reflected in the market price.

Peas: Green and yellow pea markets have been holding steady over the past two weeks. India is currently seeing dry conditions potentially putting their domestic pea crop in jeopardy. Currently this is leading to speculation of them reentering the market in the spring. Pea bids at $10.50/bu and $7.50/bu for #2 Green and Yellow’s respectively.

Nelson Neumann  
Jr Trader  
…READ NELSON’S BIO AT  
  WWW.AGFINITY.COM/ABOUT  
When you run out of money for Christmas decorations.

The Feed Buyer Brief
–  
by Joseph Billett


With 6 sleeps away from Christmas and Santa’s big night, many buyers have been taking it easy and not wanting to push the market up. Sellers seem to have started taking a well deserved rest since the beginning of December and have been holding firm on pricing their feed grain. For the most part, buyers have been content with that working more into buying for the new year and spring and trying desperately to get caught up on logistics. This week, however, buyers seem to be a little more short than expected and seem to be interested in buying the last bit of coverage needed for January.

Sellers Note: If you’re interested in kickstarting your cash flow for 2019, this week might be a good time to post up your Barley and Wheat for January shipment. Between feedlots and resellers, there is lots of interest on Feed Wheat. Barley seems to be trading at the sellers ask right now as well. Buyers are covered for the next 2 weeks so any grain trading this week won’t be shipping until January, likely after you’ve already folded on your New Year’s resolutions!



Let me know your thoughts!
@JosephBillett
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Call Jared, 1-888-969-5552, ext 1
– FEED BARLEY @ the bin:

Jan-March 2019: $3.90-3.95/ bushel

April-July 2019: $4.00-4.10/ bushel

– FEED WHEAT @ the bin:

Jan-March: $4.85-5.00/ bushel

April-June: $5.00-5.10/ bushel

– #1/2 CPSR WHEAT:

Jan-July: $6.25-6.50/ bushel

#1/#2 HRS Wheat:

Jan-May: $6.50-6.90/ bushel picked-up based 13-13.5% protein.

– 2CW OATS @ the bin (subject to sample):

Jan-April 2019: $2.75-2.80/ bushel

May-August 2019: $2.85-2.90/ bushel

– 3CW OATS @ the bin:

$0.10-0.25/bushel discount to 2cw bids.

– FEED OATS @ the bin:

Jan-March: $2.20-2.25/ bushel, depending on quality

– 2CW GREEN PEAS @ the bin:

Max 3% bleach:

Jan-March: $9.10-9.20/ bushel

– 2CW YELLOW PEAS @ the bin

Jan-March: $6.55/ bushel picked-up

– FEED PEAS @ the bin

Jan-Feb: $5.42/ bushel

– FEED / #2 FABAS @ the bin

*Please call.

– CANOLA @ the bin (as of December 19th):

Jan-March: $9.65-9.85/ bushel

April-July: $10.00-10.20/ bushel


Picked-Up Grande Prairie Area Bids

Call Jared, 1-888-969-5552, ext 1

– FEED BARLEY @ the bin:
Jan-Feb: $4.15-4.25/ bushel
March-April: $4.25-4.30/ bushel
May-July: $4.30-4.40/ bushel

– FEED WHEAT @ the bin:
Jan-March: $5.30-5.35/ bushel
April-June: $5.40/ bushel
*Higher bids available for wheat with high protein / good falling numbers.
– Min 300 Falling Number, Min 13% protein:
Jan-March: $5.50-5.55/ bushel

– #1/2 CPSR WHEAT:
Jan-May: $6.20-6.50/ bushel
#1/#2 HRS Wheat:
Jan-May: $6.50-7.00 picked-up based 13-13.5+% protein.

– 2CW OATS @ the bin (subject to sample):
Jan-April 2019: $2.90-2.95/ bushel
May-August: $3.00/ bushel
– 3CW OATS @ the bin
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin
Jan-Feb: $2.25-2.50/ bushel, depending on quality

– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
Jan-March: $9.40-9.55/ bushel

– 2CW YELLOW PEAS @ the bin
Jan-March: $6.95-7.05/ bushel

– FEED PEAS @ the bin:
Jan-Feb: $5.82/ bushel

– 2CW FABA BEANS @ the bin
Jan-Feb: $10.20/ bushel
– 3CW FABAS @ the bin:
Jan-Feb: $8.95/ bushel
– SAMPLE FABAS @ the bin:
Jan-Feb: $8.45/ bushel
– FEED FABAS @ the bin
Jan-Feb: $5.80-6.00/ bushel

– CANOLA @ the bin (as of December 19th)
Jan-March: $10.00-10.25/ bushel
April-July: $10.35-10.55/ bushel

Call Jared, 1-888-969-5552, ext 1
– FEED BARLEY @ the bin:

Jan-March: $4.40-4.50/ bushel

April-July: $4.50-4.60/ bushel

– FEED WHEAT @ the bin:

Jan-March: $5.45-5.70/ bushel

April-June: $5.60-5.80/ bushel

CPSR / HRS with a 300+ falling number will have a premium!

– #1/2 CPSR WHEAT:

Jan-July: $6.25-6.50/ bushel

#1/#2 HRS Wheat:

Jan-July: $6.60-7.10/bu picked-up (13-13.5% protein).

– 2CW OATS @ the bin (subject to sample):

Jan-Apr 2019: $3.10-3.20/ bushel

May-August 2019: $3.25/ bushel

– 3CW OATS @ the bin:

$0.10-0.25/bushel discount to 2cw bids.

– FEED OATS @ the bin:

Jan-March: $2.25-2.75/ bushel depending on quality

– 2CW GREEN PEAS @ the bin:

Max 3% bleach:

Jan-March: $9.75-9.80/ bushel

– 2CW YELLOW PEAS @ the bin

Jan-March: $7.25/ bushel

– FEED PEAS @ the bin

Jan-March: $6.10-6.20/ bushel

– 2CW FABAS @ the bin:

Jan-March: $10.50/ bushel

– 3CW FABAS @ the bin:

Jan-March: $9.25/ bushel

– SAMPLE FABAS @ the bin:

Jan-March: $9.00/ bushel

– FEED FABAS @ the bin

Jan-March: $6.10-6.25/ bushel

– #1 CANOLA @ the bin (as of December 19th)

Jan-Feb: $10.30-10.35/ bushel

Mar-Apr: $10.43-10.60/ bushel

May-Jun: $10.65-10.70/ bushel


Call Jared, 1-888-969-5552, ext 1


– FEED BARLEY @ the bin:

Jan-March: $4.70-4.75/ bushel

April-July: $4.80-4.90/ bushel

– FEED WHEAT @ the bin:

Jan-March: $5.75-6.00/ bushel

April-July: $5.90-6.10/ bushel

*Higher bids available for wheat with high protein / good falling numbers.

– Min 300 Falling Number, Min 13% protein:

Jan-March: $6.20-6.40/ bushel

– #1/2 CPSR WHEAT:

Jan-July: $6.50-6.75/ bushel picked-up

#1/#2 HRS Wheat:

Jan-July: $6.60-7.10/bu picked up based 13-13.5% protein.

– 2CW OATS @ the bin (subject to sample):

Jan-March 2019: $3.20-3.25/ bushel

April-August 2019: $3.30-3.35/ bushel

– 3CW OATS @ the bin:

$0.10-0.25/bushel discount to 2cw bids.

– FEED OATS @ the bin:

Jan-June: $2.50-3.00/ bushel, depending on quality

– 2CW GREEN PEAS @ the bin:

Max 3% bleach:

Jan-March: $10.00/ bushel

– 2CW YELLOW PEAS @ the bin

Jan-March: $7.25-7.40/ bushel

– FEED PEAS @ the bin:

Jan-March: $6.35-6.40/ bushel

– 2CW FABAS @ the bin:

Jan-March: $10.60-10.65/ bushel

– 3CW FABAS @ the bin:

Jan-March: $9.35-9.40/ bushel

– SAMPLE FABAS @ the bin:

Jan-March: $9.10-9.15/ bushel

– FEED FABAS @ the bin

Jan-March: $6.40/ bushel

– CANOLA @ the bin (as of December 19th)

Jan-March: $10.55-10.70

April-July: $10.85-11.00/ bushel



Call Jared, 1-888-969-5552, ext 1


– FEED BARLEY @ the bin:

Jan-March: 4.90-4.95/ bushel

April-June: $4.95-5.05/ bushel

– FEED WHEAT @ the bin:

Jan-March: $5.80-6.00/ bushel

April-June: $5.90-6.10/ bushel

*Higher bids available for wheat with high protein (over 13%) / good falling numbers (over 300).

Jan-March: $6.25-6.40/ bushel



– #1/2 CPSR WHEAT:

Jan-June: $6.35-6.55/ bushel picked-up

– #1/#2 HRS Wheat:

Nov-June: $6.85-7.15/bu picked-up based 13-13.5% protein.

– 2CW OATS @ the bin (subject to sample):

Jan-Feb: $3.20-3.30/ bushel

March-May: $3.30-3.35/ bushel

June-August: $3.40-3.45/ bushel

– 3CW OATS @ the bin:

$0.10-0.25/bushel discount to 2cw bids.

– FEED OATS @ the bin:

Jan-March: $2.75-3.00/ bushel

– 2CW GREEN PEAS @ the bin:

Max 3% bleach:

Jan-March: $9.75/ bushel

– 2CW YELLOW PEAS @ the bin

Jan-March: $7.25/ bushel

– FEED PEAS @ the bin

Jan-March: $6.40-6.45/ bushel

– 2CW FABAS @ the bin:

Jan-March: $10.50/ bushel

– 3CW FABAS @ the bin:

Jan-March: $9.25/ bushel

– SAMPLE FABAS @ the bin:

Jan-March: $9.00/ bushel

– FEED FABAS @ the bin

Jan-March: $6.40-6.50/ bushel

– CANOLA @ the bin (as of December 19th)

Jan-March: $10.60-10.80/ bushel

April-July: $10.90-11.10/ bushel




Call Nelson, 1-888-969-5552, ext 3



– FEED BARLEY @ the bin:

January: $4.60

February-March: $4.65-$4.75

– FEED WHEAT @ the bin:

January: $5.60-$5.65/bushel

February-March: $5.65-$5.70/bushel

– 2CW OATS @ the bin (subject to sample):

January-March: $3.00-$3.10/bushel

– 3CW OATS @ the bin:

$0.10-0.25/bushel discount to 2cw bids.


– FEED OATS @ the bin:


January-March: $2.50-$2.90/ bushel depending on quality. 

– GREEN PEAS @ the bin:

January-March: $9.96-$10.00/bushel

Max 3% bleach:  *Call or email on higher bleach.

– YELLOW PEAS @ the bin

January-March$6.95-$7.00

– FEED PEAS @ the bin

January-March: $6.90-$6.95/bushel

– FEED FABAS @ the bin

January-March $6.25/bushel

Picked-Up Red Deer Area Bids

Call Jared, 1-888-969-5552, ext 1


– FEED BARLEY @ the bin:
Jan-Feb: $4.90-4.95/ bushel
Mar-July: $4.95-5.10/ bushel

– FEED WHEAT @ the bin:
Jan-March: $5.90-6.10/ bushel
April-June: $6.15-6.20/ bushel
*$0.25-0.50/bu premium available for wheat with high protein (13%+) / good falling numbers (300+).

– #1/2 CPSR WHEAT:
Jan-July: $6.50-6.80/ bushel
#1/#2 HRS Wheat:
Jan-June: $6.80-7.10/ bu picked-up based 13-13.5% protein.

– 2CW OATS @ the bin (Subject to sample):
Jan-March: $3.20-3.30/ bushel
April-August: $3.30-3.40/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS:
Jan-March: $2.50-3.00/ bushel, depending on quality

– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
Jan-March: $10.00-10.10/ bushel

– 2CW YELLOW PEAS @ the bin
Jan-March: $7.25-7.35/ bu

– FEED PEAS @ the bin
Jan-March: $6.50-6.55/ bushel

– 2CW FABAS @ the bin:
Jan-Feb: $10.40/ bushel
– 3CW FABAS @ the bin:
Jan-Feb: $9.15/ bushel
– SAMPLE FABAS @ the bin:
Jan-Feb: $8.90/ bushel
– FEED FABAS @ the bin
Jan-Feb: $6.50/ bushel

– CANOLA @ the bin (as of December 19th)
Jan-March: $10.50-10.65/ bushel
April-July: $10.80-11.00/ bushel


Picked-Up Coronation Area Bids


Call Nelson, 1-888-969-5552, ext 3


– FEED BARLEY @ the bin:

December: $4.75

January – March: $4.80-$4.85/bushel

– FEED WHEAT @ the bin:

December: $5.80

January-March: $5.80-$5.95/bushel

– 2CW OATS @ the bin (subject to sample):

December-March: $3.11/bushel

– 3CW OATS @ the bin:

$0.10-0.25/bushel discount to 2cw bids.

– FEED OATS @ the bin:

December-January: $2.50-$3.00 depending on quality. 

– GREEN PEAS @ the bin:

January-March: $9.30/bushel

Max 3% bleach 

*Call or email on higher bleach.

– YELLOW PEAS @ the bin

January-March: $6.85

– FEED PEAS @ the bin

December: $6.00/ bushel

– FEED FABAS @ the bin

December: $6.15-$6.25/ bushel

Call Nelson, 1-888-969-5552, ext 3


– FEED BARLEY
 @ the bin:

January: $5.06-$5.10

February-March: $5.06-$5.20/bushel

April-June: $5.10-$5.20

– FEED WHEAT
 @ the bin:

January: $6.00-$6.05/bushel

February- March: $$6.05-$6.10

** If graded a feed but is dry and has adequate protein (13%+) and falling number over 300, there is a premium available *** 

– 2CW OATS
 @ the bin (subject to sample):

January-March: $3.15

 Feb-April: $3.20

– 3CW OATS
 @ the bin:

$0.10-0.25/bushel discount to #2CW bids.


– FEED OATS

 @ the bin:

January-March: $2.60-$3.00/ bushel depending on quality. 

– GREEN PEAS
 @ the bin:

January-March: $10.10/bu picked up

3% bleached or less – call for higher bleached. 

– YELLOW PEAS
 @ the bin

January-February $7.10 picked up

– FEED PEAS
 @ the bin

January-March: $6.15-6.30/bushel

– FEED FABAS
 @ the bin

January: $6.25-$6.50


Picked-Up Brooks Area Area Bids

Call Nelson, 1-888-969-5552, ext 3

– FEED BARLEY @ the bin:

January-March: $5.05-$5.10/bushel

– FEED WHEAT @ the bin:

January – $6.00/bushel

February-March: $6.10-$6.20/bushel

– FEED OATS @ the bin:

January-March: $2.50-$3.00/ bushel depending on quality. 

– GREEN PEAS @ the bin:

January-March: $9.98/bu picked up

– YELLOW PEAS @ the bin

January-March: $6.98/bushel picked up 

– FEED PEAS @ the bin

January:$6.25/ bushel

Call Nelson, 1-888-969-5552, ext 3


– FEED BARLEY :
 

January: $5.43/bushel

February-March: $5.50/bushel

– FEED WHEAT :

January: $6.40-$6.45/bushel

February-March: $6.45-$6.55


– FEED OATS :


January-March: $3.00-$3.30/ bushel depending on quality. 

– GREEN PEAS :

January-March: $9.69/bushel 
picked up

*Based 3% bleach. Higher % bleached give us a call!

– YELLOW PEAS
 

January-March $6.94/bushel 
picked up

– FEED PEAS

January: $6.30-$6.50/ bushel delivered

– FEED FABAS
 

January: $6.50-7.00/bushel delivered

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December 5, 2018

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