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Faba Bean Feed Benchmark

 
Corn, feed wheat and barley prices were all up $10-15 across the Prairies driven by higher cash corn values and concerns over lack of planting progress both in Canada and the US for the upcoming crops.
 
Corn DDGS followed the main commodities, increasing by $10-20 in all provinces. A late report out of Argentina detailing a drop in that country’s soybean harvest coupled with slow planting progress in the US caused meal prices to surge by $20-25/T across the west.
 
Canola meal values meanwhile held steady over the past two weeks. Feed peas traded in the 255-260 range in Saskatchewan, 265 in Alberta, and 265-270 in Manitoba.
 
Source : Albertapulse

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Ag Group Promotes USMCA Renewal

Video: Ag Group Promotes USMCA Renewal

The USMCA was signed by President trump in January of 2020, but now the President is considering quitting the trade pact in favor of annual renegotiations. Industry groups, especially those that promote American agriculture, are promoting the renewing of the USMCA to deliver consistency to trade.