The Buyer Brief
–
by Joseph Billett
Buyers are finally starting to see some of the grain that they bought in October come in. Lots of grain that has been coming off in the last couple of weeks was already sold and now can ship. Both feedlots and resellers have strong coverage out to the New Year and are now focused on execution. If temperatures remain mild and grain can load this will put continued pressure on the cash market. Prices are flat to 2017 and buyers are going to try to not buy too far ahead. If they need to pay up, they will wait until necessary.
Buyers are going to buy at their bid and will need a good reason to hit the offer.
Feed Barley –
November-December: $2.75-2.80/ bushel
January-March: $2.85-2.90/ bushel
April-July: $2.90-3.00/ bushel
Feed Wheat –
November-December: $4.15/ bushel
January-March: $4.15-4.20/ bushel
Call or email for #1/#2 HRS / CPSR..
2CW Oats/Pony –
December: $2.80/ bushel
January-March: $2.85-2.90/ bushel
3CW Oats –
January-March: $2.55/ bushel
Feed Oats (Lower quality) –
December $1.55/bu
#2 Green Peas –
December-January
Max 3% bleach: $7.55/ bushel
Max 10% bleach: $6.75/ bushel
Max 20% bleach: $5.37/ bushel
January-February
Max 3% bleach: $8.10/ bushel
Max 10% bleach: $7.30/ bushel
Max 20% bleach: $5.92/ bushel
#2 Yellow Peas –
December-March: $7.25-8.00/ bushel
Feed Peas –
December-January: $5.50/ bushel
Feed Faba Beans –
December-January: $5.00/ bushel
Feed Barley –
November-December: $2.80-2.85/ bushel
January-March: $2.90/ bushel
April-May-June: $2.95-3.00/ bushel
Feed Wheat –
November-December: $4.30-4.35/ bushel
January-March: $4.35/ bushel
– Call or email for #1/2 HRS. #1/#2 CPSR also trading at a premium to feed.
2CW Oats/Pony –
December $2.95/bushel January- March: $3.00/ bushel, depending on quality.
3CW Oats –
November – December $2.60/bushel
Feed Oats –
December: $1.55-1.60/ bushel
#2 Green Peas –
December-January:
Max 3% bleach: $7.80/ bushel
Max 10% bleach: $6.10-6.60/ bushel
Max 20% bleach: $5.70-6.10/ bushel, feed pricing might be better
#2 Yellow Peas –
December-January: $8.00-8.25/ bushel
Feed Peas-
December-January: $5.60-5.70/ bushel
Feed Fabas –
December-January: $5.15-5.25/ bushel
Feed Barley –
November-December: $3.00-3.03/ bushel
January-March: $3.05-3.10/ bushel
April-June: $3.15/ bushel
Feed Wheat –
December-March: $4.53-4.60/ bushel
Call/email for #1/#2 HRS/CPS.
2CW Oats (Milling Grade) –
December: $3.00/ bushel
January-March: $3.05-3.10/ bushel, depending on quality.
3CW Oats –
December-January $2.75/bushel
Feed Oats –
December: $1.80-1.85/bu
#2 Green Peas
–
December-January:
Max 3% bleach: $7.85/ bushel
Max 10% bleach: $6.85/ bushel
Max 20% bleach: $6.00/ bushel
January-February:
Max 3% bleach: $8.05/ bushel
Max 10% bleach: $7.25/ bushel
Max 20% bleach: $6.00/ bushel
#2 Yellow Peas –
December-January: $8.00-8.40/ bushel
Feed Peas –
December-January: $5.90/ bushel
Feed Fabas –
December-January: $5.25/ bushel
Feed Barley –
November-December: $3.04/ bushel
January-March: $3.10-3.14/ bushel
April-June: $3.20/ bushel
Feed Wheat –
November-March: $4.55-4.60/ bushel
Call/email for #1/#2 HRS/CPS.
2CW Oats (Milling Grade) –
December: $2.95/ bushel
January-March: $3.00/ bushel, depending on quality.
3CW Oats –
December-January $2.75/bushel
Feed Oats –
December: $1.80-1.85/bu
#2 Green Peas –
December-January:
Max 3% bleach: $7.80/ bushel
Max 10% bleach: $6.80/ bushel
Max 20% bleach: $6.00/ bushel
January-February:
Max 3% bleach: $8.10/ bushel
Max 10% bleach: $7.30/ bushel
Max 20% bleach: $6.00/ bushel
#2 Yellow Peas –
December – January: $8.00-8.35/ bushel
Feed Peas –
December-January: $5.90-5.93/ bushel
Feed Fabas –
December-January: $5.25/ bushel
Feed Barley –
Nov-Dec: $2.95-3.00/bu
Jan-Feb: $3.00-3.05/bu
March-April: $3.05-3.10/bu
Feed Wheat –
Nov-Dec $4.25-4.30/bu
(#1 & #2 HRS Wheat with good protein? Call for pricing!)
2CW Oats/Pony –
Nov-Dec: $2.90-3.00/bu
3CW Oats –
Nov-Dec: $2.20-2.30/bu
Feed Oats –
Nov-Dec: $1.80-$2.15
#2 Green Peas –
Nov-Dec: $7.45-7.50/bu (Max 3% Bleached)
#2 Yellow Peas –
Nov-Dec: $7.90-7.95/bu
Feed Peas –
Nov-Dec: $5.50-5.75/bu
Feed Fabas –
Nov-Dec: $5.50-5.75/bu
Feed Barley –
November-December: $3.10/ bushel
January-March: $3.15-3.20/ bushel
April-June: $3.25-3.35/ bushel
Feed Wheat –
November-December: $4.55-4.60/ bushel
Call to discuss a target, or to get #1 & #2 HRS/CPS pricing.
2CW Oats (Milling Grade) –
December: $2.90/ bushel
January-March: $3.00/ bushel, depending on quality.
3CW Oats –
January-March $2.65/bushel
Feed Oats –
December: $1.90/bu
#2 Green Peas –
December-January
Max 3% bleach: $7.75/bushel
Max 10% bleach: $6.90/bushel
Max 20% bleach: $6.35/ bushel
January-March
Max 3% bleach: $8.25/bushel
Max 10% bleach: $7.15/bushel
Max 20% bleach: $6.60/ bushel
#2 Yellow Peas –
December-February: $8.25-8.50/ bushel
Feed Peas –
December-January: $5.90/ bushel
Feed Fabas –
December-January: $5.25/ bushel
Feed Barley –
Nov-Dec: $3.05-3.10/bu
Jan-Feb: $3.10-3.15/bu
March-April: $3.15-3.20/bu
Feed Wheat –
Nov-Dec: $4.25-4.40/bu
2CW Oats –
Nov-Dec: $2.90-3.00/bu
3CW Oats –
Nov-Dec: $2.20-2.25/bu
Feed Oats –
Nov-Dec: $1.85–2.05/bu
#2 Green Peas –
2CW Nov-Dec: $7.70-7.75/bu picked up (Max 3% Bleached)
#2 Yellow Peas –
2CW Nov-Dec: $7.70-7.85/bu picked up
Feed Peas –
Nov-Dec $5.50-5.75/bu
Feed Fabas –
Nov-Dec $5.25-5.50/bu
Feed Barley –
Nov-Dec: $3.30-3.35/bu
Jan-Feb: $3.35-3.40/bu
Mar-April: $3.40-3.45/bu
Feed Wheat –
Nov-Dec: $4.40-4.60/bu
2CW Oats –
Nov-Dec: $2.75-3.00/bu
3CW Oats –
Nov-Dec: $2.20-2.40/bu
Feed Oats –
Nov: $1.90-2.05/bu
#2 Green Peas –
Nov-Dec: $7.70/bu picked up (Max 3%)
#2 Yellow Peas –
Nov-Dec: $7.70 -7.80/bu
Feed Peas –
Nov-Dec $5.50-5.75/bu
Feed Fabas –
Nov-Dec $5.50-5.75/bu
Feed Barley –
Nov-Dec: $3.25-3.30/bu
Jan-Feb: $3.30-3.35/bu
March-April: $3.35-3.40/bu
Feed Wheat –
Nov-Dec-Jan: $4.30-4.40/bu
2CW Oats –
Nov-Dec: $2.75-3.00/bu
3CW Oats –
Nov-Dec: $2.20-2.30/bu
Feed Oats –
Nov-Dec: $1.95-2.05/bu
#2 Green Peas –
Nov-Dec: $7.50-7.60/bu (Max 3% Greens)
#2 Yellow Peas –
Jan-Feb: $7.50-7.60/bu
Feed Peas –
Nov-Dec $5.50-5.75/bu
Feed Fabas –
Nov-Dec $5.50-5.75/bu
Feed Barley –
Nov-Dec: $3.60-3.65/bu DLVD or $3.43-3.48/bu FOB Jan-Feb: $3.65-3.70/bu DLVD or 3.48-3.53/bu FOB March-April: $3.70-3.75/bu DLVD or 3.53-3.58/bu FOB
Feed Wheat –
Nov-Dec-Jan: $4.75-4.85 or $4.53-4.63 FOB
#2CW Oats-
Nov-Dec: $3.00-3.25 DLVD or $2.88-3.13 FOB
3CW/Fd Oats-
Nov-Dec: $2.30-2.50 DLVD or $2.18-2.38 FOB
#2 Green Peas-
Dec: $8.15-8.20 DLVD or $7.93-7.98 FOB
#2 Yellow Peas- Jan-Feb $8.15-8.20 Dlvd or $7.93-7.98 FOB