Seeding Time is Hard…

By April 18, 2018Blog
Seeding time can be hard.

 

   Instant oatmeal. Instant noodles. Instant replay. Instant messaging. Instant Googling…  And farming… How come there’s no instant farming!!? … Or even “on-time” farming…? Heck! We’d be satisfied with “slightly-behind-schedule” farming!!
 
   Years before pledging my allegiance to Canadian farmers, I worked for a concrete company. Though it was our boss’ preference for the concrete to set as quickly as we worked, we struggled to appreciate the mysterious deadline that  hung over us. Sometimes it was a cloud, beckoning rain. Other times, it was the concrete itself, drying up faster than Leonardo DiCaprio’s tears after a Canadian winter’s mockery of global warming theories…
Even in the calm before the storm, as we goofed around waiting for the sounds of the concrete truck, our boss would half-jokingly say, “Boys, hurry up and wait!! Would you please!?”
 
   After another delayed start to spring, I know exactly how he must have felt. When there’s work to do, waiting is the worst!! Except when it comes to calving in the cold… But good luck getting a cow to hold off on giving birth!
   We’ve all been a little spoiled on instant oatmeal and noodles, but when it comes to seeding, the least Mother Nature could do is meet us in the middle, don’t you think? After all, I meet Canada Revenue in the middle every year by filing my tax return the day before it’s due.
 
   Farm life has its setbacks. But the difference between a successful farmer and an unsuccessful farmer often boils down to one characteristic: mental toughness.
 
   Here are two tricks I try to implement when waiting in a hurry:

1) Do something for somebody else!
If we can’t shed our own stress, reap the benefits of serving somebody else’s needs. It’s a great stress relief and will make you feel good. I’m talking reeeeal good! My parents helped me paint half my house this past weekend to surprise Michelle, who was on a girl’s trip. Though I had every reason to be tired after that, I felt rejuvenated and stress-free. And I bet if you asked my dad, his neck and back are aching with pride! (Happy 37th anniversary today Mom & Dad!!)

 
2. Be thankful for what you have!
No matter how frustrating farming can be, what you get from it is worth more than a million bags of the best hybrid canola seed! Even if it doesn’t seem like it at the time.
 
   Easier said than done, we know… But we dare you to try and prove us wrong. We’re going to want proof though! So, if you do something nice while being thankful for it, have someone take a picture of you frowning, and make sure to send it to us. We’ll even share it on our social media accounts and admit our mistakes.
 
   …Before you skip down to Nelson’s market report, and Joseph’s buyer brief and grain pricing, allow me to describe what I see outside this morning… Blue skies and sunshine! The forecast looks promising too! 😉
 

   Spring, the sequel… Coming to a field near you!

 

 

 

 

 

 

Because Farming is Forever,
Jared Seitz
1-888-969-5552

 

Speaking of spring… Make sure to check out our high jumping
trades, resilient core values and how we can help you at 
www.Agfinity.com!
And please come by for a visit on one of our social media accounts. Simply click one of the links below!

 

 
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Funny, but not funny. But funny… Ahh. Not funny.
Market Report 
–  
by Nelson Neumann
 
Barley: Barley bids continue to remain strong with supply being crippled by road bans and soft yards. Feedlot alley is seeing bids as high as $260/MT.  As of now, bids appear consistent across the summer, driving a high demand from sellers for quick movement. There is a developing market in China for Canadian feed barley that makes it an intriguing option for seeding.
 
Wheat:  Feed wheat prices like other feed grains continue to hold strong. Seeing bids in the $240-245 for southern Alberta. Milling wheat prices on the other hand continue to slump, being plagued by transportation issues. Threat of Canadian Pacific teamsters going on strike looms over the already roughly 50% unfulfilled orders by the railway company. The ruble also slid this week, increasing eastern Europe’s control on global pricing.
 
Oats: The market for milling oats remains static. Many buyers are satiated and looking for May-June delivery.  Although not at the same level as barley, feed oats bids have also increased and may be a good option if you’re needing quick movement or cash flow solutions.
 
Canola:  An increase in the Canadian Dollar mildly decreased the currency export advantage, stalling canola bids. The very late spring and erratic weather continue to cause uncertainty, but so far hasn’t caused any hefty declines.
 
Peas: Yellow Pea bids are at long last trending in the right direction. After holding for $7 delivered across Alberta many buyers are now bidding $7.25 and even peaking at $7.50 for limited tonnage in some parts of south eastern Saskatchewan. New crop bids for the fall are around $7.00-7.15. Peas remain a market to watch as global trade tension escalates as a change in India’s tariff policy could instantly boost bids $1-$1.50/bu!

 

 
The Feed Buyer Brief
–  
Joseph Billett

 

 

 

 

 

 

   With the weather still not totally cooperating, buyers have been aggressively covering their positions and paying whatever it takes to do it.  Not much has changed from the buyers perspective, other than putting on more new crop contracts than we have seen in a while. With the fear of lower carryover numbers for barley this year, feedlots and resellers are doing all they can to secure product into the summer months.  Feed wheat seems to not have as much urgency behind it, but bids are still holding firm and have trended up moderately.

 

 

 

   Buyers are trying to think ahead and are buying accordingly to try to put a cap on the pricing runaway. Not totally sure if this strategy will work, but now is the time to lock in premiums for spot movement and new crop.

Let me know your thoughts!
@JosephBillett
Follow us on Twitter.

 

 

 

 

 

 

 

 

 

 

 

 

 

Call Jared, 1-888-969-5552, ext 1
***PICKED-UP GRAIN PRICES***

FEED BARLEY @ the bin:
April-May-June: $4.10-4.15/ bushel
Sept-Oct: $3.50/ bushel
Nov-Dec: $3.55-3.60/ bushel
Jan-March 2019: $3.65-3.70/ bushel
April-June 2019: $3.75-3.80/ bushel
 
– FEED WHEAT @ the bin:
April-May: $5.25/ bushel
 
– #1/2 CPSR WHEAT:
Roughly the same price as feed. Possible premiums for higher protein.
#1/#2 HRS Wheat:
What’s the protein…? Give me a call!
 
– 2CW OATS @ the bin (subject to sample):
April: $2.25-2.35/ bushel
May: $2.30-2.41/ bushel
June-July: $2.40/ bushel
August: $2.35-2.45/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
April-May: $1.75-2.00/ bushel
 
– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
April-July: $7.90/ bushel
August-October: $6.90-7.00/ bushel
*Call or email on higher bleach.
 
– 2CW YELLOW PEAS @ the bin
April-May: Same pricing as current feed bids (see below)
August-October: $5.90-6.00/bushel picked-up
 
– FEED PEAS @ the bin
April: $5.95-6.00/ bushel
May: $6.10-6.15/ bushel
 
– FEED FABAS @ the bin
April-May: $6.00/ bushel
 
– CANOLA
April-June: $10.75-11.40/ bushel
*Give us a call to discuss placing a target, or email Jared@Agfinity.com with your legal land description for a price!
 
Picked-Up Grande Prairie Area Bids

Call Jared, 1-888-969-5552, ext 1
***PICKED-UP GRAIN PRICES***
 
– FEED BARLEY @ the bin:
April-May-June: $4.40-4.45/ bushel
September-October: $3.80-3.90/ bushel
November-December: $3.91-4.00/ bushel
 
– FEED WHEAT @ the bin:
April-May-June: $5.50/ bushel, depending on location
 
– #1/2 CPSR WHEAT:
Has been trading close to par with current feed values.
#1/#2 HRS Wheat:
What’s the protein…? Give me a call!
 
– 2CW OATS @ the bin (subject to sample):
April: $2.50/ bushel
May: $2.55-2.60/ bushel
June,July: $2.55/ bushel
August: $2.60/ bushel
– 3CW OATS
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS, low quality
April: $2.00/ bushel
 
– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
April-July: $8.25/ bushel
August-October: $7.25/ bushel
*Call or email on higher bleach.
 
– 2CW YELLOW PEAS @ the bin
April-July: $6.35-6.45/ bushel
August-October: $6.10-6.20/ bushel
 
– FEED PEAS @ the bin:
April: $6.05-6.15/ bushel
May: $6.25-6.6.35/ bushel
 
– FEED FABA BEANS @ the bin:
April-May: $6.00-6.25 bushel, based dry / 0 tannin
 
– CANOLA
April-June: $11.20-11.40/ bu
Call Jared@Agfinity.com to discuss canola or email with your legal land description to get a price!
 
Call Jared, 1-888-969-5552, ext 1

***PICKED-UP GRAIN PRICES***
 
— FEED BARLEY @ the bin:
April-May: $4.55-4.65/ bushel
June-July: $4.65-4.75/ bushel
 
– FEED WHEAT @ the bin:
April-May: $5.70/ bushel
June-July: $5.75/ bushel
 
– #1/2 CPSR WHEAT:
On par with current feed values.
#1/#2 HRS Wheat:
What’s the protein…? Give me a call!
 
– 2CW OATS @ the bin (subject to sample):
April: $2.55/ bushel
May: $2.80/ bushel
June: $2.75/ bushel
July: $2.80/ bushel
August: $2.85/ bushel
Sept-Oct: $2.60/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
April-May: $2.00-2.40/ bushel
 
– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
April-July: $8.55/ bushel
August-October: $7.55/ bushel
*Call or email on higher bleach.
 
– 2CW YELLOW PEAS @ the bin
April-July: $6.80/ bushel
August-October: $6.55/ bushel
 
– FEED PEAS @ the bin
April-May: $6.10-6.20/ bushel
 
– FEED FABAS @ the bin
April-May: $6.25/ bushel
 
– CANOLA @ the bin (as of April 18th)
April-July: $11.25/bu-11.50 picked-up
*Give us a call to discuss placing a target, or email Jared@Agfinity.com with your legal land description for a price!
 
Call Jared, 1-888-969-5552, ext 1

***PICKED-UP GRAIN PRICES***
 
– FEED BARLEY @ the bin:
April-May: $4.65-4.75/ bushel (*higher pricing is limited!)
June-August: $4.75-4.80/ bushel
 
– FEED WHEAT @ the bin:
April: $5.90/ bushel
May-July: $5.95-6.05/bushel
 
– #1/2 CPSR WHEAT:
On par with feed values
#1/#2 HRS Wheat:
What’s the protein…? Give me a call!
 
– 2CW OATS @ the bin (subject to sample):
April: $2.70-2.80/ bushel
May: $2.90/ bushel
Jun: $2.85/ bushel
July: $2.90/ bushel
Aug: $2.95/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
April: $2.20-2.30/ bushel, depending on quality
 
– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
April-July: $8.65/ bushel
August-October: $7.65/ bushel
*Call or email on higher bleach.
 
– 2CW YELLOW PEAS @ the bin
May-July: $7.00-7.05/ bu
August-October: $6.80/ bushel
 
– FEED PEAS @ the bin:
April-May: $6.25/ bushel
 
– FEED FABAS @ the bin:
April-May: $6.30-6.40/ bushel
 
– CANOLA @ the bin (as of April 20th)
April-June: $11.50-11.65 picked-up
*Give us a call to discuss placing a target, or email Jared@Agfinity.com with your legal land description for a price!
 
Call Jared, 1-888-969-5552, ext 1
 
***PICKED-UP GRAIN PRICES***
 
– FEED BARLEY @ the bin:
April-May: $4.70-4.85/ bushel
June-July: $4.85-4.90/ bushel
 
– FEED WHEAT @ the bin:
April: $5.80-5.90/ bushel
May-June: $5.95-6.05/ bushel
 
– #1/2 CPSR WHEAT:
On par with current feed values
– #1/#2 HRS Wheat:
What’s the protein…? Give me a call or send me an email!
 
– 2CW OATS @ the bin (subject to sample):
Apr: $2.75/ bushel
May: $2.80/ bushel
Jun-July: $2.75/ bushel
Aug: $2.85/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
April-May: $2.20-2.40/ bushel, depending on quality
 
– GREEN PEAS @ the bin:
Max 3% bleach:
April-July: $8.50-8.54/ bushel
August-October: $7.50-7.54/ bushel
*Call or email on higher bleach.
 
– YELLOW PEAS @ the bin:
April-July: $6.85-6.90/ bushel
August-October: $6.60-6.65/ bushel
 
– FEED PEAS @ the bin:
April-May: $6.25-6.35/ bushel
 
– FEED FABAS @ the bin:
April-May: $6.40-6.50/ bushel, based dry / 0 tannin
 
– CANOLA @ the bin (as of April 18th)
April-July: $11.60-11.80 picked-up
*Give us a call to discuss placing a target, or email Jared@Agfinity.com with your legal land description for a price!
 
Call Nelson, 1-888-969-5552, ext 3
***PICKED-UP GRAIN PRICES***
 
– FEED BARLEY @ the bin:
April-May: $4.75-4.85/bushel
June-July: $5.20-5.25/bushel
New Crop September-December: $3.90-3.95/bushel
 
– FEED WHEAT @ the bin:
April-June: $5.80-5.90/ bushel
– #1/2 CPSR WHEAT:
Feed pricing is currently stronger. Call to discuss strategy!
#1/#2 HRS Wheat:
Protein discounts are still huge. If your protein is 11% or under, you may see better pricing into the feed market.
 
– 2CW OATS @ the bin (subject to sample):
April-May-June-July: $2.55-2.60/bushel
July-Aug: $2.55-2.60/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
April-June: $2.15-2.35/ bushel  (targets at $2.60/bu could be of interest)
 
– GREEN PEAS @ the bin:
April – June: $8.45/ bushel
Max 3% bleach:  *Call or email on higher bleach.
 
– YELLOW PEAS @ the bin
April – June: $6.70-6.77/bushel
 
– FEED PEAS @ the bin
April – June: $6.00-6.25/ bushel
 
– FEED FABAS @ the bin
April – June: $6.00-6.40/ bushel
 
– CANOLA @ the bin
*Give us a call to discuss placing a target, or email Nelson@Agfinity.com with your legal land description for a price!

Picked-Up Red Deer Area Bids

Call Jared, 1-888-969-5552, ext 1
 
***PICKED-UP GRAIN PRICES***
– FEED BARLEY @ the bin:
April: $4.75-4.85/ bushel
May-August: $4.95-5.05/ bushel!
 
– FEED WHEAT @ the bin:
April-May: $5.90-5.95/ bushel
June-July: $6.00-6.15/ bushel
 
– #1/2 CPSR WHEAT:
On par with feed values at the moment.
#1/#2 HRS Wheat:
What’s the protein…? Give me a call!
 
– 2CW OATS @ the bin (Subject to sample):
April: $2.75/ bushel
May-June: $2.85-$2.93/ bushel
July-Aug: $2.93-3.00/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS:
April: $2.25-2.40/ bushel, depending on quality
 
– 2CW GREEN PEAS @ the bin:
Max 3% bleach:
April-May: $8.60-8.70/ bushel
August-October/ $7.75-7.90/ bushel
*Call or email on higher bleach.
 
– 2CW YELLOW PEAS @ the bin
April-July: $6.90-7.00/ bu
August-October: $6.60-6.75/ bushel
 
– FEED PEAS @ the bin
April-May: $6.25-6.50/ bushel
 
– FEED FABAS @ the bin:
April-May: $6.50-6.60/ bushel, based dry / 0 tannin
 
– CANOLA @ the bin (As of April 18th)
April-June: $11.50-11.70/ bushel
 
*Give us a call to discuss placing a target, or email Jared@Agfinity.com with your legal land description for a price!
 
Call Nelson, 1-888-969-5552, ext 3
***PICKED-UP GRAIN PRICES***
 
– FEED BARLEY @ the bin:
April-May-June: $4.95-5.05/bushel
July-August:  $4.90-5.00/bushel
New Crop September-December: $4.20-4.29/bushel
 
– FEED WHEAT @ the bin:
April-May-June: $5.90-6.00/ bushel
– #1/2 CPSR WHEAT:
Feed pricing is currently stronger. Call to discuss strategy!
-#1/#2 HRS Wheat:
Protein discounts are HUGE right now. If your protein is 11% or under, you may see better pricing into the feed market.
 
– 2CW OATS @ the bin (subject to sample):
April-May-June: $2.65-2.70/ bushel
July-Aug: $2.65/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
April-June: $2.25-2.50/ bushel (targets of $2.60/bu may be of interest)
 
– GREEN PEAS @ the bin:
April-June: $8.70/ bushel
Max 3% bleach
*Call or email on higher bleach.
 
– YELLOW PEAS @ the bin
May-June: $6.95/bushel
 
– FEED PEAS @ the bin
April-June: $6.00-6.25+/ bushel
 
– FEED FABAS @ the bin
April-June: $6.00-6.40/ bushel
 
– CANOLA @ the bin
*Give us a call to discuss placing a target, or email Nelson@Agfinity.com with your legal land description for a price!
 
Call Nelson, 1-888-969-5552, ext 3
***PICKED-UP GRAIN PRICES***
 
– FEED BARLEY @ the bin:
April-May: $5.00-5.05/ bushel
June-July-August: $5.05-5.10/bushel
New Crop September-December $4.25-4.30/bushel
 
– FEED WHEAT @ the bin:
April: $6.00-6.05/bushel
May-June-July: $6.10-6.15/bushel
New Crop September-October: $5.20/bushel
 
– #1/2 CPSR WHEAT:
Feed pricing is currently stronger. Call to discuss strategy!
#1/#2 HRS Wheat:
#2HRS 13% Protein $6.15-6.17/bushel picked up Protein discounts are HUGE right now. If your protein is 11% or under, you may see better pricing into the feed market.
 
– 2CW OATS @ the bin (subject to sample):
May-July: $2.75/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
April-June: $2.25-2.60/ bushel
 
– GREEN PEAS @ the bin:
April-June: $8.60-8.65/bu picked up
3% bleached or less – call for higher bleached.
 
– YELLOW PEAS @ the bin
May-June-July: $6.96-7.00/bu picked up
– FEED PEAS @ the bin
April-June: $6.00-6.25/ bushel
 
– FEED FABAS @ the bin
April-June: $6.00-6.40/ bushel
 
– CANOLA @ the bin
*Give us a call to discuss placing a target, or email Nelson@Agfinity.com with your legal land description for a price!
 
Call Nelson, 1-888-969-5552, ext 3
***PICKED-UP GRAIN PRICES***
 
– FEED BARLEY @ the bin:
April-May-June: $5.10-5.15/ bushel
July-August: $5.00-5.10/bushel
New Crop September-December $4.40-4.45/bushel
 
– FEED WHEAT @ the bin:
April-May-June: $6.05-6.15/bushel
 
– #1/2 CPSR WHEAT:
Feed pricing is currently stronger. Call to discuss strategy!
#1/#2 HRS Wheat:
Protein discounts are HUGE right now. If your protein is 11% or under, you may see better pricing into the feed market.
 
– 2CW OATS @ the bin (subject to sample):
April-May-June: $2.70/ bushel
July-August: $2.70-2.80/ bushel
– 3CW OATS @ the bin:
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS @ the bin:
April-June: $2.25-2.50/ bushel
 
– GREEN PEAS @ the bin:
April-May: $8.45/bu picked up
 
– YELLOW PEAS @ the bin
April-May-June: $6.70-6.81/bu picked up
 
– FEED PEAS @ the bin
April-May: $6.00-6.25/ bushel
 
– FEED FABAS @ the bin
April-May:$6.15-6.40/ bushel
 
– CANOLA @ the bin
*Give us a call to discuss placing a target, or email Nelson@Agfinity.com with your legal land description for a price!
 
Call Nelson, 1-888-969-5552, ext 3

**DELIVERED GRAIN PRICES***
 
– FEED BARLEY :
April-May-June: $5.40-5.46/bushel
July-August: $5.36-5.46/ bushel
New Crop September-December $4.70-4.75/bushel
 
– FEED WHEAT :
April-May-June: $6.60-6.70/bushel
 
– #1/2 CPSR WHEAT:
Feed pricing is currently stronger. Call to discuss strategy!
#1/#2 HRS Wheat:
Protein discounts are HUGE right now. If your protein is 11% or under, you may see better pricing into the feed market.
 
– 2CW OATS (subject to sample):
April-May: $2.95/ bushel
June-Aug: $2.90/ bushel
– 3CW OATS :
$0.10-0.25/bushel discount to 2cw bids.
– FEED OATS :
April: $2.30-2.50/ bushel
 
– GREEN PEAS :
April-May: $8.65/bu delivered
 
– YELLOW PEAS
April-May$7.18/bu delivered
 
– FEED PEAS
April-May: $6.43/ bushel delivered
 
– FEED FABAS
April-May: $6.50-7.00 bushel delivered
 
– CANOLA Delivered
*Give us a call to discuss placing a target, or email Nelson@Agfinity.com with your legal land description for a price!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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April 18, 2018

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