You heard that right Agfinity is heading to Ag in Motion! Erin and Joseph will be heading to Langham, Saskatchewan for the show July 20-23rd. We have been talking about attending this trade show for years. After being cooped up for so long due to covid we decided this was the year to get out and see what the rave has been all about for Ag in Motion.
This will be our first year attending as spectators and we are excited, as we hear it is a must see. Even though we will not have a booth space, we would love to set up times to connect with you. This will be our first large event since the lifting of restrictions, and we can’t wait to meet and connect with people again. With this being our first time going we are also always open to hearing your Tips tricks and must see, especially when it comes to navigating the trade shows. We look forward to connecting with everyone again!
Look for us wandering around the trade show and feel free to stop us and say Hi or give us a call ahead of time to set up a time to connect. We may even look a little lost at times and may need a hand navigating where to go.
ERIN HARAKAL – Trade Manager
Phone: 587-404-9422
Email: erin.harakal@agfinity.com
JOSEPH BILLETT- President
Phone: 587-404-9402
Email: Joseph@agfinity.com
For More information on Ag in Motion: Ag in Motion – Western Canada’s Outdoor Farm Expo
Because Farming is Forever
Erin Harakal
Buyer Brief – by Sandra Correia-Letendre
As my last article a couple weeks ago, the rain continues to come down in most parts of Alberta. Now farmers in some areas are needing some hot weather to balance off this rain so crops continue to grow successfully. Bids for Feed Grains, Canola and Wheat continue to plumet as the week goes on.
Over the last few weeks Barley bids have dropped approximately $25-$30/mt for both old crop and new crop. With how good crops are looking so far, this continues to put downward pressure on prices. This week bids are hitting $400-$410/mt delivered Lethbridge for July -Dec. That’s right, most buyers now have the same bid for old crop and new crop. Many buyers are expecting this price to hold or continue to drop until we get better idea of yields for harvest.
All grades of Wheat continue to be on a downward trend. Demand has been low and now there is some optimism on Ukraine ports opening up which will get export business back to normal. Regarding New Crop, the StatsCan report that came out yesterday shows that wheat planted area in 2022 is expected to be the largest in the past 10 years. We will soon enough see how these play as a factor on wheat prices.
For Canola, futures have reacted negatively to scattered moisture across the prairies early in the week. Today it has shown some stability as the futures remain flat to yesterday. This volatility makes it difficult for buyers to lock in prices for any length of time.
StatsCan report brief update: Barley acres were down about 15% to 2021. All wheat acres were up 8.7% to 2021. Canola acres were down 4.7% to 2021. Oats acres up 16.1% to 2021. Check out the StatsCan report that came out yesterday to learn more.
Seller’s Tip: Crops are looking good for harvest, sell your old crop before prices drop any further. Let’s work together on marketing that grain, call 1-888-969-5552.
Recent Trades
#2CW Milling Rye (ID: 22270)
42.00 MT
FOB Bentley, AB
Jul 06 – Jul 15
$377.50/MT or $9.59/BU (Gross)
$370.00/MT or $9.40/BU (Net)
TRADED Jul 06, 2022
CW Feed Barley (ID: 22273)
126.00 MT
FOB Millet, AB
Jul 07 – Jul 31
$370.70/MT or $8.07/BU (Gross)
$363.20/MT or $7.91/BU (Net)
TRADED Jul 06, 2022
#1CW HRS Wheat (ID: 22284)
84.00 MT
FOB Consort, AB
Jul 06 – Jul 10
$489.95/MT or $13.33/BU (Gross)
$482.45/MT or $13.13/BU (Net)
TRADED Jul 06, 2022
CW Feed SWS Wheat (ID: 22262)
168.00 MT
FOB Kitscoty, AB
Jul 06 – Aug 15
$393.00/MT or $10.70/BU (Gross)
$385.50/MT or $10.49/BU (Net)
TRADED Jul 05, 2022
CW Feed Barley (ID: 22277)
42.00 MT
DLVD Edmonton, AB
Jul 05 – Jul 31
$372.03/MT or $8.10/BU (Gross)
$364.53/MT or $7.94/BU (Net)
TRADED Jul 05, 2022
Feed Oats (ID: 22275)
15.00 MT
FOB Whitelaw, AB
Jul 05 – Jul 31
$319.85/MT or $4.93/BU (Gross)
$312.35/MT or $4.82/BU (Net)
TRADED Jul 05, 2022
CW Feed Barley (ID: 22260)
42.00 MT
FOB Manning, AB
Jul 06 – Aug 15
$320.00/MT or $6.97/BU (Gross)
$312.50/MT or $6.80/BU (Net)
TRADED Jul 05, 2022
OS Feed Oats (ID: 22264)
42.00 MT
FOB Thorsby, AB
Jul 05 – Jul 31
$364.13/MT or $5.62/BU (Gross)
$356.63/MT or $5.50/BU (Net)
TRADED Jul 05, 2022
CW Feed Barley (ID: 22272)
42.00 MT
FOB Calgary, AB
Jul 05 – Aug 31
$420.87/MT or $9.16/BU (Gross)
$413.37/MT or $9.00/BU (Net)
TRADED Jul 05, 2022
#3 Brown Flax (ID: 22235)
42.00 MT
DLVD Lethbridge, AB
Jul 04 – Jul 31
$475.00/MT or $12.07/BU (Gross)
$467.50/MT or $11.88/BU (Net)
TRADED Jul 04, 2022
ST Feed Oats (ID: 22194)
84.00 MT
FOB Bezanson, AB
Jul 05 – Jul 31
$345.00/MT or $5.32/BU (Gross)
$337.50/MT or $5.20/BU (Net)
TRADED Jul 04, 2022
NC #2CW CPSR Wheat (ID: 22225)
42.00 MT
FOB Fort Assiniboine, AB
Oct 01 – Nov 30
$456.00/MT or $12.41/BU (Gross)
$448.50/MT or $12.21/BU (Net)
TRADED Jun 30, 2022
#2CW Oats (ID: 22248)
126.00 MT
FOB Athabasca, AB
Jul 01 – Aug 15
$500.30/MT or $7.72/BU (Gross)
$492.80/MT or $7.60/BU (Net)
TRADED Jun 30, 2022
CW Feed HRS Wheat (ID: 22247)
42.00 MT
FOB Delburne, AB
Jul 01 – Jul 31
$470.47/MT or $12.80/BU (Gross)
$462.97/MT or $12.60/BU (Net)
TRADED Jun 30, 2022
CW Feed Barley (ID: 22179)
42.00 MT
FOB St. Paul, AB
Jul 01 – Jul 15
$375.00/MT or $8.16/BU (Gross)
$367.50/MT or $8.00/BU (Net)
TRADED Jun 30, 2022
NC CW Feed Barley (ID: 22251)
252.00 MT
FOB High Prairie, AB
Nov 01 – Nov 30
$351.98/MT or $7.66/BU (Gross)
$344.48/MT or $7.50/BU (Net)
TRADED Jun 30, 2022
CW Feed Barley (ID: 22257)
42.00 MT
FOB Bawlf, AB
Jun 30 – Jul 31
$381.83/MT or $8.31/BU (Gross)
$374.33/MT or $8.15/BU (Net)
TRADED Jun 30, 2022
OS #2CW Oats (ID: 22214)
84.00 MT
FOB Dapp, AB
Jul 01 – Aug 31
$477.89/MT or $7.37/BU (Gross)
$470.39/MT or $7.25/BU (Net)
TRADED Jun 30, 2022
CW Feed SWS Wheat (ID: 22237)
42.00 MT
FOB Hanna, AB
Aug 01 – Sep 30
$464.13/MT or $12.63/BU (Gross)
$456.63/MT or $12.43/BU (Net)
TRADED Jun 30, 2022
NC CW Feed Barley (ID: 22250)
84.00 MT
FOB High Prairie, AB
Oct 01 – Oct 31
$357.00/MT or $7.77/BU (Gross)
$349.50/MT or $7.61/BU (Net)
TRADED Jun 29, 2022
Feed Oats (ID: 22244)
25.00 MT
FOB Pipestone, AB
Jun 29 – Jul 31
$363.38/MT or $5.60/BU (Gross)
$355.88/MT or $5.49/BU (Net)
TRADED Jun 29, 2022
CW Feed Barley (ID: 22246)
210.00 MT
FOB Glendon, AB
Jul 01 – Aug 09
$381.00/MT or $8.30/BU (Gross)
$373.50/MT or $8.13/BU (Net)
TRADED Jun 29, 2022
#2 Yellow Peas (ID: 22243)
42.00 MT
FOB Rosalind, AB
Jul 01 – Jul 31
$602.35/MT or $16.39/BU (Gross)
$594.85/MT or $16.19/BU (Net)
TRADED Jun 29, 2022
CW Feed CPSR Wheat (ID: 22242)
84.00 MT
FOB Munson, AB
Jun 28 – Jul 31
$472.50/MT or $12.86/BU (Gross)
$465.00/MT or $12.66/BU (Net)
TRADED Jun 29, 2022
OS #3CW Oats (ID: 22188)
42.00 MT
FOB Wembley, AB
Jun 29 – Jul 31
$324.21/MT or $5.00/BU (Gross)
$316.71/MT or $4.88/BU (Net)
TRADED Jun 28, 2022
CW Feed SWS Wheat (ID: 22205)
22.00 MT
FOB Star, AB
Jul 01 – Jul 31
$440.00/MT or $11.97/BU (Gross)
$432.50/MT or $11.77/BU (Net)
TRADED Jun 28, 2022
CW Feed Barley (ID: 22231)
84.00 MT
FOB Thorsby, AB
Jun 27 – Aug 12
$388.72/MT or $8.46/BU (Gross)
$381.22/MT or $8.30/BU (Net)
TRADED Jun 28, 2022
NC #1CW Canola (ID: 22229)
168.00 MT
FOB Atmore, AB
Jan 01 – Jan 31
$867.29/MT or $19.67/BU (Gross)
$859.79/MT or $19.50/BU (Net)
TRADED Jun 28, 2022
Feed Yellow Peas (ID: 22230)
42.00 MT
FOB Calmar, AB
Jun 27 – Jul 22
$492.67/MT or $13.41/BU (Gross)
$485.17/MT or $13.20/BU (Net)
TRADED Jun 27, 2022
NC CW Feed Barley (ID: 22227)
126.00 MT
FOB Seven Persons, AB
Sep 01 – Sep 30
$400.00/MT or $8.71/BU (Gross)
$392.50/MT or $8.55/BU (Net)
TRADED Jun 27, 2022
NC CW Feed Barley (ID: 22206)
42.00 MT
FOB Fort Assiniboine, AB
Oct 01 – Nov 30
$385.50/MT or $8.39/BU (Gross)
$378.00/MT or $8.23/BU (Net)
TRADED Jun 24, 2022
#1CW Canola (ID: 22215)
168.00 MT
FOB Wetaskiwin, AB
Jul 15 – Jul 31
$903.89/MT or $20.50/BU (Gross)
$896.39/MT or $20.33/BU (Net)
TRADED Jun 24, 2022
Canola Meal (ID: 22084)
42.00 MT
FOB Boyle, AB
Jun 25 – Jul 09
$440.00/MT or $9.98/BU (Gross)
$432.50/MT or $9.81/BU (Net)
TRADED Jun 24, 2022
#2CW CPSR Wheat (ID: 22165)
168.00 MT
FOB Paradise Valley, AB
Jun 16 – Jul 31
$482.01/MT or $13.12/BU (Gross)
$474.51/MT or $12.91/BU (Net)
TRADED Jun 23, 2022
CW Feed Barley (ID: 22213)
84.00 MT
FOB Minburn, AB
Jun 23 – Jul 31
$393.92/MT or $8.58/BU (Gross)
$386.42/MT or $8.41/BU (Net)
TRADED Jun 23, 2022
CW Feed Barley (ID: 22191)
84.00 MT
FOB Boyle, AB
Jun 23 – Jul 08
$394.20/MT or $8.58/BU (Gross)
$386.70/MT or $8.42/BU (Net)
TRADED Jun 23, 2022
CW Feed Barley (ID: 22209)
42.00 MT
FOB Innisfail, AB
Jun 23 – Jul 31
$406.50/MT or $8.85/BU (Gross)
$399.00/MT or $8.69/BU (Net)
TRADED Jun 23, 2022
CW Feed Barley (ID: 22210)
84.00 MT
FOB Paynton, SK
Jun 23 – Jul 31
$384.13/MT or $8.36/BU (Gross)
$376.63/MT or $8.20/BU (Net)
TRADED Jun 23, 2022
CW Feed Barley (ID: 22204)
84.00 MT
FOB Wetaskiwin, AB
Jun 23 – Jul 31
$397.00/MT or $8.64/BU (Gross)
$389.50/MT or $8.48/BU (Net)
TRADED Jun 23, 2022
NC CW Feed Barley (ID: 22146)
42.00 MT
FOB Fort Assiniboine, AB
Oct 01 – Nov 30
$378.00/MT or $8.23/BU (Gross)
$370.50/MT or $8.07/BU (Net)
TRADED Jun 23, 2022
OS CW Feed Barley (ID: 22139)
84.00 MT
DLVD Calgary, AB
Jun 22 – Jul 15
$440.93/MT or $9.60/BU (Gross)
$433.43/MT or $9.44/BU (Net)
TRADED Jun 22, 2022
#1CW HRS Wheat (ID: 22066)
544.00 MT
FOB Consort, AB
Jun 23 – Jul 10
$490.00/MT or $13.34/BU (Gross)
$482.50/MT or $13.13/BU (Net)
TRADED Jun 22, 2022
#1CW Canola (ID: 22201)
42.00 MT
DLVD Fort Saskatchewan, AB
Aug 22 – Sep 02
$1,014.16/MT or $23.00/BU (Gross)
$1,006.66/MT or $22.83/BU (Net)
TRADED Jun 22, 2022
CW Feed Barley (ID: 22200)
168.00 MT
FOB Rosalind, AB
Aug 01 – Aug 31
$397.00/MT or $8.64/BU (Gross)
$389.50/MT or $8.48/BU (Net)
TRADED Jun 22, 2022
CW Feed Barley (ID: 22150)
168.00 MT
FOB Heinsburg, AB
Jun 23 – Jul 31
$393.00/MT or $8.56/BU (Gross)
$385.50/MT or $8.39/BU (Net)
TRADED Jun 22, 2022
#1CW Canola (ID: 22176)
420.00 MT
FOB Spirit River, AB
Jun 23 – Jul 31
$917.56/MT or $20.81/BU (Gross)
$910.06/MT or $20.64/BU (Net)
TRADED Jun 22, 2022
#2 Yellow Peas (ID: 22187)
42.00 MT
DLVD Gibbons, AB
Jun 23 – Jul 31
$624.65/MT or $17.00/BU (Gross)
$617.15/MT or $16.80/BU (Net)
TRADED Jun 22, 2022
CW Feed Barley (ID: 22196)
42.00 MT
FOB Bruno, SK
Jul 01 – Jul 31
$397.91/MT or $8.66/BU (Gross)
$390.41/MT or $8.50/BU (Net)
TRADED Jun 22, 2022
CW Feed Barley (ID: 22186)
294.00 MT
FOB Falun, AB
Jul 01 – Aug 15
$404.00/MT or $8.80/BU (Gross)
$396.50/MT or $8.63/BU (Net)
TRADED Jun 22, 2022
CW Feed Barley (ID: 22192)
84.00 MT
FOB Paradise Valley, AB
Jun 22 – Jul 15
$395.00/MT or $8.60/BU (Gross)
$387.50/MT or $8.44/BU (Net)
TRADED Jun 22, 2022
