Alright. Here goes… My name is Jared – and I’m a procrastinator.
Wow… That sounded way more vulnerable than I intended… As far as I know, and luckily for me, there’s no credible folklore about procrastination causing hair to grow on the palms of your hand. And thank goodness for that! …My palms would be so furry, I wouldn’t even need to use a drying mitt after washing my car!
Yesterday morning started off great. I was awarded my green belt in Brazilian jiu-jitsu and was totally ready to beat up one of my new friends! After a difficult warm-up, I defended myself with honour in the first sparring round and managed to avoid being choked, smashed or put into any kind of ego-deflating submission. I did – however, stop the match halfway through to ask my opponent to help me find one of my contact lens, which we luckily found just a couple feet away… This was no time to be a baby though. I examined the lens, and apart from the countless invisible jiu-jitsu microbes that had undoubtedly jumped aboard, it appeared to be in good working order. I popped it back on, did a couple awkward wink-squints at my sparring partner and resumed the battle.
Later that day, I pulled into the registries office in Stony Plain down the road from the Agfinity office. They closed at 5pm, so pulling up at 4:55 on the last day of our allocated registration month left ample time to register both mine and Michelle’s vehicles… But when I pulled open the glovebox… No insurance!? … Where’d it go!!? I entered the building with a Halloweenish look upon my face and sheepishly registered Michelle’s van. She deserved it after all… She had been reminding me to register the vehicles for weeks. She also pre-ordered all the kids Halloween costumes back in September, so everyone was ready to go trick-or-treating once I got back home.
Like my vehicle’s registration, my contact lens had also expired. To give you a fair measure of this particular procrastination, I was wearing the same ones on our family Disney trip last May. Unfortunately for me, I think this time it might be true about hair growing on your eyeballs if your lens aren’t regularly changed…
My bad… And you know, it really is my bad. I’m the one who receives the consequences for living as a procrastinator. If I get a ticket before getting a chance to reregister my vehicle today, that will be on me.
Farmers forgetting to refuel, buy seed, or sell enough grain to make ends meet also discover the outcomes of procrastination. Every now and then, they will find themselves on the winning side… markets will rally, fuel prices will plummet, or there seed rep will have a blowout on last year’s overstocked hybrid canola seed…
As a full-fledged procrastinator, I love these victories. But if I am to be completely honest, I know there are usually more losses and more stressors from living in a last-minute world.
This is farming though. Even the most prepared individual cannot evade what’s beyond their control. If you had to harvest high moisture grain over the last month, you are not to blame. Not at all. Instead, you are more proactive than you probably think. And we applaud you for making the decisions you had to make!
Nobody, and I mean nobody, wants to see your hard work sitting in swaths through another Canadian winter!!
Happy November 1st partner! We’re ready for battle, whenever you need us!
Barley: The feed barley market has looked a little better the past couple days with buyers paying up for higher tonnage offers. This increase was mainly weather driven, but there are some thoughts that US corn could be a factor. The weaker loonie makes US corn more expensive to ship to Lethbridge feedlots. Currently hearing delivered Lethbridge bids at $4.50/bu+ for Dec-Jan. Call us as this could be a good time to set reasonable targets for early to late winter.
Wheat: Feed wheat prices were down and then recovered some. Delivered bids holding at $5.60-5.65/bu Calgary and Lethbridge with little carry into further months. Sellers still getting hit hard with protein discounts for gradable wheat making feed bids a better option for some.
Oats: Buyers still looking for good quality 2CW and 3CW. Prices still holding at similar levels to early October. Huge yields and good quality has enabled buyers to replenish their supply.
Canola:Lots of canola to meet this year’s demand. This will leave us in a bit of a sideways market. There has been a fair bit of producer selling as prices head towards $11/bu picked up. The trend seems to be flat, but better opportunities should present themselves later in the year as supplies tighten.
Peas: Yellows: In spite of lower pea production in North America yellow pea prices continue to suffer due to lower India import and larger Baltic production. Greens: Lower production but higher quality keeping the green pea price flat but still higher than what we’ve been seeing for yellows. Look for better pricing on greens later in the year.
Send us your samples!!
Mail to: 3-5400 50 Street, Stony Plain, AB T7Z 1B7
The Buyer Brief – Joseph Billett
Quote from Joseph this morning:
“I’m going to take down my patio furniture tonight.”
Like it or not, winter has arrived! Snow’s flying across the prairies, which has slowed up loading and logistics while we remember how to operate in the winter. This, in addition to a declining loonie which has dampened Feeders appetites for Corn. Corn and DDG’s coming in to Lethbridge this year are very similar to the amount of high Vomitoxin Wheat that came into Southern Alberta last year. Buyers have been a little more aggressive for Barley at the beginning of this week. We’ll have to see if the hunger persists or if they’re satisfied. Feeders seem to be looking more to buy for December – January and have decent coverage for November. Would love to hear your thoughts on current markets! @JosephBillett .
*higher tonnage offers have been considered around $3.70/bu.
January: $3.70-3.72/ bushel
February: $3.74-3.76/ bushel
March-April: $3.80/ bushel
May-June: $3.85/ bushel
– FEED WHEAT @ the bin:
November-December: $4.75-4.83/ bushel
*$5/bu FOB offers have not been trading lately. Larger tonnage offers spread now through the new year might still trade at that level.
– #1/2 CPSR WHEAT:
Feed pricing is currently stronger. Call to discuss strategy!
#1/#2 HRS Wheat:
Protein discounts are big. Be sure you’re comparing apples to apples when shopping around.
– 2CW OATS @ the bin (subject to sample):
Nov-Dec: $2.50/ bushel
Jan-Feb: $2.60/ bushel
March-April: $2.70/ bushel
May-June: $2.80/ bushel
July-August: $2.90/ bushel
– 3CW OATS
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS, low quality
Nov: $1.75/ bushel
– GREEN PEAS @ the bin:
Max 3% bleach:
Nov-Dec: $7.75/ bushel
*Call for discounts on higher bleach.
– YELLOW PEAS @ the bin
Nov-Dec: $7.10-7.25/ bu
Jan-Feb: $7.35-7.50/ bu
*Call to discuss strategy / place a target!
– FEED PEAS @ the bin:
Nov: $5.65-5.90/ bushel
– FEED FABA BEANS @ the bin:
Nov: $5.50-5.65/ bushel
– CANOLA @ the bin:
Canola now trading over $11/bu delivered later winter! Give Jared@Agfinity.com a call to discuss, or email with your legal land description to get a price!
Feed pricing is currently stronger. Call to discuss strategy!
#1/#2 HRS Wheat:
Protein discounts are HUGE right now. Be sure you’re comparing apples to apples when shopping around. *If you have good protein / high falling #, it will most likely be worth storing till the new year.
– 2CW OATS @ the bin (subject to sample):
Nov: $2.60-2.65/ bushel
Dec-Jan: $2.65-2.75/ bushel
Feb-April: $2.75-2.80/ bushel
May-June: $3.00/ bushel
July-Aug: $3.00/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
November-December: $1.85-2.00/ bushel
– GREEN PEAS @ the bin:
November-December:
Max 3% bleach: $7.90-7.95/ bushel
*Call or email on higher bleach.
– YELLOW PEAS @ the bin
Harvest pressure still has prices in a not-too-exciting window:
November-January: $7.30-7.35/bu
*Call to discuss strategy / place a target!
– FEED PEAS @ the bin
November-December: $6.00-6.20+/ bushel
– FEED FABAS @ the bin
November-December: $6.00+/ bushel
– CANOLA @ the bin (As of Oct 31st)
November: $10.65-10.70/bu picked up
Dec-Jan: $10.90/ bu picked-up
Feb-March $10.90/bu picked-up
April-May: $11.00-11.05/bu picked-up
*Give us a call to discuss placing a target, or email Tracy@Agfinity.com with your legal land description for a price!
Feed pricing is currently stronger. Call to discuss strategy!
#1/#2 HRS Wheat:
Protein discounts are HUGE right now. Be sure you’re comparing apples to apples when shopping around. *If you have good protein / high falling #, it will most likely be worth storing till the new year.
– 2CW OATS @ the bin (subject to sample):
Nov: $2.75-2.80/ bushel
Dec-Jan: $2.85/ bushel
Feb-April: $2.90/ bushel
May-June: $3.00/ bushel
July-Aug: $3.00/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
November-December: $1.85-2.00/ bushel
– GREEN PEAS @ the bin:
November-December:
Max 3% bleach: $7.95/ bushel
*Call or email on higher bleach.
– YELLOW PEAS @ the bin
Harvest pressure still has prices in a not-too-exciting window:
November-December: $7.45-7.50/bu
*Call to discuss strategy / place a target!
– FEED PEAS @ the bin
November-December: $6.00-6.20/ bushel
– FEED FABAS @ the bin
November-December: $6.00-6.40/ bushel
– CANOLA @ the bin (As of Oct 31st)
November: $10.80/bu
Dec-Jan: $11.10-11.15/ bu picked-up
Feb-March $11.20-11.25/bu picked-up
April-May: $11.40-11.50/bu picked-up
*Give us a call to discuss placing a target, or email Tracy@Agfinity.com with your legal land description for a price!
Feed pricing is currently stronger. Call to discuss strategy!
#1/#2 HRS Wheat:
Protein discounts are HUGE right now. Be sure you’re comparing apples to apples when shopping around. *If you have good protein / high falling #, it will most likely be worth storing till the new year.
– 2CW OATS @ the bin (subject to sample):
Nov: $2.80-2.85/ bushel
Dec-Jan: $2.85-2.90/ bushel
Feb-April: $2.90-2.95/ bushel
May-June: $3.00/ bushel
July-Aug: $3.00/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
November-December: $2.00-2.10/ bushel
– GREEN PEAS @ the bin:
November-December:
Max 3% bleach: $7.90-7.92/ bushel
*Call or email on higher bleach.
– YELLOW PEAS @ the bin
Harvest pressure still has prices in a not-too-exciting window:
November-December: $7.45-7.50/bu
*Call to discuss strategy / place a target!
– FEED PEAS @ the bin
November-December: $6.00-6.20/ bushel
– FEED FABAS @ the bin
November-December: $6.00-6.40/ bushel
– CANOLA @ the bin (As of Oct 31st)
November: $10.80/bu picked up
Dec-Jan: $11.00-11.05/ bu picked-up
Feb-March $11.10-11.15/bu picked-up
April-May: $11.20-11.25/bu picked-up
*Give us a call to discuss placing a target, or email Tracy@Agfinity.com with your legal land description for a price!
Feed pricing is currently stronger. Call to discuss strategy!
#1/#2 HRS Wheat:
Protein discounts are HUGE right now. Be sure you’re comparing apples to apples when shopping around. *If you have good protein / high falling #, it will most likely be worth storing till the new year.
– 2CW OATS @ the bin (subject to sample):
November: $2.80/ bushel
December-January: $2.85-2.90/ bushel
February-April: $2.90-2.95/ bushel
May-June: $3.00/ bushel
July-August: $3.00/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
November-December: $2.00-2.10/ bushel
– GREEN PEAS @ the bin:
November-December:
Max 3% bleach: $7.70/ bushel
*Call or email on higher bleach.
– YELLOW PEAS @ the bin
Harvest pressure still has prices in a not-too-exciting window:
Nov-Jan: $7.25-7.30/bu
*Call to discuss strategy / place a target!
– FEED PEAS @ the bin
November-December: $6.00-6.20/ bushel
– FEED FABAS @ the bin
November-December: $6.00/ bushel
– CANOLA @ the bin (As of Oct 31st)
November: $10.75/bu picked up
Dec-Jan: $10.95-11.00/ bu picked-up
Feb-March $11.10-11.15/bu picked-up
April-May: $11.40/bu picked-up
*Give us a call to discuss placing a target, or email Tracy@Agfinity.com with your legal land description for a price!
Feed pricing is currently stronger. Call to discuss strategy!
#1/#2 HRS Wheat:
Protein discounts are HUGE right now. Be sure you’re comparing apples to apples when shopping around. *If you have good protein / high falling #, it will most likely be worth storing till the new year.
– 2CW OATS (subject to sample):
Nov: $3.00-3.05/ bushel
Dec-Jan: $3.05-3.10/ bushel
Feb-April: $3.05-3.10/ bushel
May-June: $3.10/ bushel
July-Aug: $3.10/ bushel
– 3CW OATS :
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS :
November-December: $2.25-2.30/ bushel
– GREEN PEAS :
November-December:
Max 3% bleach: $8.15-8.20/ bushel
*Call or email on higher bleach.
– YELLOW PEAS
Harvest pressure still has prices in a not-too-exciting window:
November-December: $7.50-7.75/bu
*Call to discuss strategy / place a target!
– FEED PEAS
November-December: $6.50-6.75/ bushel
– FEED FABAS
November-December: $6.50-6.75 bushel
– CANOLA Delivered (As of Oct 31st)
November: $11.00+/bu
Dec-Jan: $11.18-11.22/ bu
Feb-March $11.30-11.34/bu
April-May: $11.60-11.64/bu
*Give us a call to discuss placing a target, or email Tracy@Agfinity.com with your legal land description for a price!
“No matter who I talk to at Agfinity, you always take care of things. You guys are so great to work with!”
– James Taylor, Leslieville, AB
“Other buyers call me, and I always tell them that the best service I get is from Agfinity, and that you guys are who I market my grain through.”
– James Thompson, Millet, AB
“Most of our marketing decisions are based off of your newsletter! We really appreciate you sending it out!”
– Phillip & Glenda Collinge, Lloydminster, SK
“I really like the personal touch in the newsletter! Thanks for sending that out!” – Jim Majeski, Camrose, AB
“I really enjoy working with you guys and the transparent service you provide!”
– Kurt Boese, Neilburg, SK
“For the past five years I’ve been dealing with the Agfinity group and what a fantastic group of people they are. From number 1 to feed grain and canola. All the buyers at Agfinity can Make it happen. Fast turn around times on every thing. Movement, payment, and the inbetween that all of us farmers don’t see or care about. Good job to the Agfinity crew and keep on buying our grain.” – Drann Hogg, Huxley, AB
“Thanks for continuing to send out a newsletter. I read right through it every time, and look forward to crop price updates.”
– Orest Hulowski, Perryvale, AB
“Enjoy reading your newsletter and price updates keep them coming, good job.”
– Peter L .Gross, Standard, AB
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