If you don’t want to hit that tree, aim for it and hit the throttle!

By February 20, 2019Newsletter

Every Family Day long weekend for quite a few years now, we go on a guy’s weekend snowmobile trip.  Historically, we have sent the women and children up to Dawson Creek to hang out and have a great time and the boys sleep in a converted school bus at Kakwa Lake, British Columbia.  This year there was a change to that plan. I think it had something to do with my pregnant sister-in-law and her husband not wanting to stray too far. I think after spending the guy’s weekend in the house with 7 children, a bulldog puppy, and 3 women and a pregnant lady his tune may change for next year.  I need to be careful here because my other brother-in-law, Jacob, and I borrow sleds from the pregnant lady and my mother-in-law, which is very awesome of them, and I must say – pink and black goes very well with my beard.

I’d love to hear from the snowmobilers out there, but for me, I only go once a year – on this weekend. Every year I seem to be getting a little better and remembering some of the basic principles.  The biggest one is, turn left to go right and then pin it, the old counter steer.  This generally works best in deeper snow but every year it takes a bit to get my head into this counter intuitive thinking.  It is quite funny at first as your speeding through the powder and you see that tree in front of you and to avoid it you need to aim for it and accelerate. I’m sure its physics, but I call it magic as the machine cuts into the snow and goes the opposite direction. Now this sounds easy in theory, but when you’re cruising through the wilderness on your mother-in-law’s pink sled and that tree jumps out onto the trail at you, shit gets real! And the last thing you want to do is aim for the damn tree and go faster!  So, because of this, we start every trip by playing around in an open field, practicing our counter steering.  Now when we don’t quite make it the go to advice from the avid sledders is “you just need to commit and trust the machine.”

As I was sledding this weekend aiming at the trees, I couldn’t help but think of the comparison to this and grain markets.  The goal in markets is to sell into the highs and hold when the market is dropping. Just like counter steering, this is easier said than done.  Typically, we sell after the market has hit the high and is dropping, and this drop accelerates when everyone else is selling at the same time.  As brokers, most grain gets traded in a downward market and sellers are holding tight on an upward market.  I know this isn’t you, you read every report and listen to the counsel of your market coach as faithfully as the voice of God himself. For the rest of us, it’s tough to counter steer in these markets, and none of us want to be the person selling too soon and being shamed at the coffee shop.  Proper grain marketing employs counter intuitive thinking.

We have no idea how much higher this market will go. There are so many factors feeding the bull right now; however, I think we can all agree that these are historically high markets, especially when you talk new crop. This might be good time to start thinking counter-intuitively and we’d love to help you aim for the tree and hit the throttle.

– Joseph Billett
@JosephBillett
1-888-969-5552


Recent trades on Agfinity.comCheck out the website for pricing in bushels!


Feed Yellow Peas (ID: 13345)
44.00 MT
FOB St. Paul, Alberta
Feb 15 – Mar 15
$250.77/MT or $6.82/BU(Gross)
$248.02/MT or $6.75/BU(Net)
TRADED Feb 19, 2019

CW Feed Barley (ID: 13350)
88.00 MT
FOB Hythe, Alberta
Mar 01 – May 31
$219.32/MT or $4.78/BU(Gross)
$216.57/MT or $4.72/BU(Net)
TRADED Feb 19, 2019

OS #3CW Oats (ID: 13352)
88.00 MT
FOB Prespatou, British Columbia

Feb 19 – Mar 31
$168.24/MT or $2.59/BU(Gross)
$165.49/MT or $2.55/BU(Net)
TRADED Feb 19, 2019

#2CW Oats (ID: 13348)
88.00 MT
FOB Hythe, Alberta
Feb 19 – Mar 31
$208.50/MT or $3.22/BU(Gross)
$205.75/MT or $3.17/BU(Net)
TRADED Feb 19, 2019

OS CW Feed CPSR Wheat (ID: 13326)
308.00 MT
FOB Westlock, Alberta
Mar 01 – Mar 31
$223.21/MT or $6.07/BU(Gross)
$220.46/MT or $6.00/BU(Net)
TRADED Feb 19, 2019

NC CW Feed Barley (ID: 13344)
660.00 MT
FOB Crossfield, Alberta
Sep 01 – Oct 31
$230.10/MT or $5.01/BU(Gross)
$227.35/MT or $4.95/BU(Net)
TRADED Feb 19, 2019

CW Feed Barley (ID: 13346)
44.00 MT
FOB Ardrossan, Alberta
Feb 15 – Mar 31
$232.40/MT or $5.06/BU(Gross)
$229.65/MT or $5.00/BU(Net)
TRADED Feb 19, 2019

OS CW Feed Barley (ID: 13252)
44.00 MT
FOB Onoway, Alberta
Feb 04 – Apr 30
$232.50/MT or $5.06/BU(Gross)
$229.75/MT or $5.00/BU(Net)
TRADED Feb 15, 2019

OS CW Feed Barley (ID: 13343)
44.00 MT
FOB Glendon, Alberta
Feb 15 – Mar 15
$220.92/MT or $4.81/BU(Gross)
$218.17/MT or $4.75/BU(Net)
TRADED Feb 15, 2019

CW Feed Barley (ID: 13340)
88.00 MT
FOB Irma, Alberta
May 01 – May 17
$232.40/MT or $5.06/BU(Gross)
$229.65/MT or $5.00/BU(Net)
TRADED Feb 15, 2019

OS CW Feed HRS Wheat (ID: 13342)
132.00 MT
FOB Amisk, Alberta
Feb 15 – Mar 15
$223.21/MT or $6.07/BU(Gross)
$220.46/MT or $6.00/BU(Net)
TRADED Feb 15, 2019

CW Feed HRS Wheat (ID: 13223)
88.00 MT
DLVD Picture Butte, Alberta
Feb 13 – Mar 31
$250.00/MT or $6.80/BU(Gross)
$247.25/MT or $6.73/BU(Net)
TRADED Feb 15, 2019

OS CW Feed Barley (ID: 13341)
132.00 MT
FOB Cadogan, Alberta
Feb 15 – Mar 31
$232.40/MT or $5.06/BU(Gross)
$229.65/MT or $5.00/BU(Net)
TRADED Feb 15, 2019

#1CW Canola (ID: 13334)
44.00 MT
FOB Wembley, Alberta
Feb 18 – Feb 28
$461.31/MT or $10.46/BU(Gross)
$458.56/MT or $10.40/BU(Net)
TRADED Feb 15, 2019

OS #3 Yellow Peas (ID: 13306)
44.00 MT
FOB Sexsmith, Alberta
Feb 12 – Mar 31
$193.46/MT or $5.27/BU(Gross)
$190.71/MT or $5.19/BU(Net)
TRADED Feb 15, 2019

OS Heated Canola (ID: 13338)
44.00 MT
FOB Smoky Lake, Alberta
Feb 14 – Mar 15
$243.55/MT or $5.52/BU(Gross)
$240.80/MT or $5.46/BU(Net)
TRADED Feb 15, 2019

OS CW Feed Barley (ID: 13303)
352.00 MT
FOB Provost, Alberta
Feb 12 – Mar 31
$233.40/MT or $5.08/BU(Gross)
$230.65/MT or $5.02/BU(Net)
TRADED Feb 15, 2019

CW Feed Barley (ID: 13266)
220.00 MT
FOB Boyle, Alberta
Apr 01 – May 31
$225.00/MT or $4.90/BU(Gross)
$222.25/MT or $4.84/BU(Net)
TRADED Feb 15, 2019

NC CW Feed Barley (ID: 13311)
44.00 MT
FOB Richmound, Saskatchewan
Nov 01 – Nov 30
$212.00/MT or $4.62/BU(Gross)
$209.25/MT or $4.56/BU(Net)
TRADED Feb 14, 2019

OS #3CW Oats (ID: 13322)
126.00 MT
FOB Prespatou, British Columbia

Feb 14 – Mar 15
$168.24/MT or $2.59/BU(Gross)
$165.49/MT or $2.55/BU(Net)
TRADED Feb 14, 2019

Feed Yellow Peas (ID: 13093)
88.00 MT
FOB Hines Creek, Alberta
Feb 12 – Mar 15
$206.00/MT or $5.61/BU(Gross)
$203.25/MT or $5.53/BU(Net)
TRADED Feb 14, 2019

OS Heated Canola (ID: 13333)
44.00 MT
DLVD Smoky Lake, Alberta
Feb 14 – Mar 15
$288.55/MT or $6.54/BU(Gross)
$285.80/MT or $6.48/BU(Net)
TRADED Feb 14, 2019

#3 Durum (ID: 13330)
264.00 MT
FOB Acadia Valley, Alberta
Feb 14 – Apr 30
$232.40/MT or $6.32/BU(Gross)
$229.65/MT or $6.25/BU(Net)
TRADED Feb 14, 2019

OS #2 Durum (ID: 13331)
132.00 MT
FOB Acadia Valley, Alberta
Feb 14 – Apr 30
$232.40/MT or $6.32/BU(Gross)
$229.65/MT or $6.25/BU(Net)
TRADED Feb 14, 2019

CW Feed Barley (ID: 13335)
88.00 MT
FOB Rumsey, Alberta
Feb 14 – Mar 31
$241.59/MT or $5.26/BU(Gross)
$238.84/MT or $5.20/BU(Net)
TRADED Feb 14, 2019

CW Feed HRS Wheat (ID: 13336)
132.00 MT
FOB Rumsey, Alberta
Feb 14 – Mar 31
$230.56/MT or $6.27/BU(Gross)
$227.81/MT or $6.20/BU(Net)
TRADED Feb 14, 2019

CW Feed HRS Wheat (ID: 13332)
132.00 MT
FOB Rycroft, Alberta
Mar 01 – Apr 30
$223.21/MT or $6.07/BU(Gross)
$220.46/MT or $6.00/BU(Net)
TRADED Feb 14, 2019

#3 CW Canola (ID: 13304)
88.00 MT
FOB Wembley, Alberta
Mar 01 – Apr 17
$355.49/MT or $8.06/BU(Gross)
$352.74/MT or $8.00/BU(Net)
TRADED Feb 14, 2019

OS #3 CW Canola (ID: 13317)
36.00 MT
FOB Bonnyville, Alberta
Feb 13 – Mar 08
$355.49/MT or $8.06/BU(Gross)
$352.74/MT or $8.00/BU(Net)
TRADED Feb 14, 2019

Feed Faba Beans (ID: 13145)
80.00 MT
FOB Hines Creek, Alberta
Feb 13 – Mar 15
$232.40/MT or $6.32/BU(Gross)
$229.65/MT or $6.25/BU(Net)
TRADED Feb 14, 2019

CW Feed Barley (ID: 13325)
88.00 MT
FOB Wetaskiwin, Alberta
Feb 15 – Mar 15
$236.99/MT or $5.16/BU(Gross)
$234.24/MT or $5.10/BU(Net)
TRADED Feb 14, 2019

CW Feed Barley (ID: 13319)
88.00 MT
FOB Wembley, Alberta
Feb 13 – Mar 31
$219.00/MT or $4.77/BU(Gross)
$216.25/MT or $4.71/BU(Net)
TRADED Feb 14, 2019

CW Feed Barley (ID: 13318)
88.00 MT
FOB Beaverlodge, Alberta
Mar 01 – Mar 31
$218.00/MT or $4.75/BU(Gross)
$215.25/MT or $4.69/BU(Net)
TRADED Feb 14, 2019

OS CW Feed Barley (ID: 13037)
44.00 MT
FOB Alberta Beach, Alberta
Feb 11 – Feb 28
$231.13/MT or $5.03/BU(Gross)
$228.38/MT or $4.97/BU(Net)
TRADED Feb 13, 2019

NC CW Feed Barley (ID: 13133)
264.00 MT
FOB Falher, Alberta
Nov 01 – Nov 30
$186.47/MT or $4.06/BU(Gross)
$183.72/MT or $4.00/BU(Net)
TRADED Feb 13, 2019

NC CW Feed Barley (ID: 13308)
528.00 MT
FOB Blueberry Mountain, Alberta
Nov 01 – Nov 30
$186.47/MT or $4.06/BU(Gross)
$183.72/MT or $4.00/BU(Net)
TRADED Feb 13, 2019

NC CW Feed Barley (ID: 13129)
220.00 MT
FOB Fairview, Alberta
Oct 01 – Oct 31
$184.17/MT or $4.01/BU(Gross)
$181.42/MT or $3.95/BU(Net)
TRADED Feb 13, 2019

NC CW Feed Barley (ID: 13130)
220.00 MT
FOB Girouxville, Alberta
Oct 01 – Oct 31
$184.17/MT or $4.01/BU(Gross)
$181.42/MT or $3.95/BU(Net)
TRADED Feb 13, 2019

NC CW Feed Barley (ID: 13310)
132.00 MT
FOB Tangent, Alberta
Oct 01 – Oct 31
$184.17/MT or $4.01/BU(Gross)
$181.42/MT or $3.95/BU(Net)
TRADED Feb 13, 2019

NC CW Feed Barley (ID: 13131)
440.00 MT
FOB Tangent, Alberta
Oct 01 – Oct 31
$184.17/MT or $4.01/BU(Gross)
$181.42/MT or $3.95/BU(Net)
TRADED Feb 13, 2019

NC CW Feed Barley (ID: 13309)
176.00 MT
FOB Falher, Alberta
Oct 01 – Oct 31
$184.17/MT or $4.01/BU(Gross)
$181.42/MT or $3.95/BU(Net)
TRADED Feb 13, 2019

CW Feed HRS Wheat (ID: 13062)
68.00 MT
FOB Thorsby, Alberta
Jun 01 – Jun 30
$226.89/MT or $6.17/BU(Gross)
$224.14/MT or $6.10/BU(Net)
TRADED Feb 13, 2019

NC CW Feed Barley (ID: 13132)
220.00 MT
FOB Spirit River, Alberta
Oct 01 – Oct 31
$184.17/MT or $4.01/BU(Gross)
$181.42/MT or $3.95/BU(Net)
TRADED Feb 13, 2019

NC CW Feed Barley (ID: 13128)
220.00 MT
FOB Peoria, Alberta
Oct 01 – Oct 31
$184.17/MT or $4.01/BU(Gross)
$181.42/MT or $3.95/BU(Net)
TRADED Feb 13, 2019

CW Feed Barley (ID: 13268)
132.00 MT
FOB Innisfree, Alberta
Feb 07 – Feb 28
$233.40/MT or $5.08/BU(Gross)
$230.65/MT or $5.02/BU(Net)
TRADED Feb 13, 2019

CW Feed Barley (ID: 13316)
132.00 MT
FOB Olds, Alberta
Feb 13 – Feb 28
$243.88/MT or $5.31/BU(Gross)
$241.13/MT or $5.25/BU(Net)
TRADED Feb 13, 2019

OS CW Feed HRS Wheat (ID: 13278)
44.00 MT
FOB Taber, Alberta
Feb 07 – Feb 15
$239.75/MT or $6.52/BU(Gross)
$237.00/MT or $6.45/BU(Net)
TRADED Feb 13, 2019

OS CW Feed HRS Wheat (ID: 13320)
264.00 MT
FOB Wanham, Alberta
Apr 01 – Apr 30
$224.21/MT or $6.10/BU(Gross)
$221.46/MT or $6.03/BU(Net)
TRADED Feb 13, 2019

OS CW Feed Barley (ID: 13312)
88.00 MT
FOB La Glace, Alberta
Feb 13 – Feb 28
$214.13/MT or $4.66/BU(Gross)
$211.38/MT or $4.60/BU(Net)
TRADED Feb 13, 2019

OS CW Feed HRS Wheat (ID: 13232)
264.00 MT
FOB Wanham, Alberta
Feb 07 – Mar 15
$224.21/MT or $6.10/BU(Gross)
$221.46/MT or $6.03/BU(Net)
TRADED Feb 13, 2019


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