Most people think Christmas is the most wonderful time of year but hear at Agfinity we simply know that just isn’t true. Hearing the old 9600 fire up, that’s the best time of year. Ok well maybe you have a newer combine than a John Deer 9600, but that what I grew up with and that’s when I start getting excited. Its finally hear, time to harvest. It’s been a long winter, an unpredictable spring and a hot summer filled with many ups and down in the grain market. It has been as sporadic as ever and the violent price swings has been the toughest on our farmers. But as we start firing up the combines across the province, we can see that at the very least its looking better than last year. Some areas look better than other, some had plenty of moisture and others are still dry as a bone. That’s half the battle but its what every farmer has signed up for. But as we all know getting the crop off the field is only half the battle, you must have somewhere to sell it! That is where we come in. Give us a call here at Agfinity and speak with one of our fine representatives, whether you’re looking for advice on when to sell your grain, off the combine prices, or you just want to blow off some steam our lines are always open! So cheers to the most wonderful time of year and lets hope for sunshine and good weather as we begin harvest season!
Because Farming is Forever
Declan Kummer
Buyer Brief – by Sandra Correia-Letendre
As harvest starts in some parts of Alberta, there are still sellers looking to get their old crop moved before starting to combine. The next couple weeks are crucial for movement if this is the case. We have had buyers with pockets of opportunities for August movement, but that door is slowly closing. Typically, by this time we would be marketing new crop grain for movement further out ie) Nov, Dec even Jan, but sellers are still seeming bullish with the prices the market will bring. Buyers however are not in agreement.
The last couple days, we saw old crop and new crop barley stabilize. Buyers are looking for Sept/Oct deliveries. Yesterday, we saw bids push as high as $360/mt delivered Lethbridge for FH Sept. This could change tomorrow. As the crops continue to look good, buyers feel that there will be a lot that will be coming to the market at the same time as many sellers didn’t pre-sell much of their new crop. In speaking with some feed lots, corn does not seem to be playing as big of a factor for local market as it did last year due to being higher in price and easier to feed.
Oats has slowly been losing momentum each week. Prices continue to drop and so does demand. Some indications from buyers that we have been seeing for new crop #2 Oat is approximately $325/mt FOB Edmonton area for Sept/Oct movement.
The weather continues to cooperate for a good harvest. Forecast for the next week is showing heat in upper 20’s to low 30’s for most parts of prairies. Hopefully this will be balanced off with some precipitation.
Sellers Tip: Consider contracting your New Crop grain before supply levels increase moving into the harvest season and markets may continue to fall. Call us to discuss 1-888-969-5552
Recent Trades
CW Feed Barley (ID: 22457)
42.00 MT
FOB Kelvington, SK
Aug 19 – Sep 15
$295.00/MT or $6.42/BU (Gross)
$287.50/MT or $6.26/BU (Net)
TRADED Aug 18, 2022
NC CW Feed Barley (ID: 22501)
84.00 MT
FOB Byemoor, AB
Sep 15 – Sep 30
$331.00/MT or $7.21/BU (Gross)
$323.50/MT or $7.04/BU (Net)
TRADED Aug 17, 2022
NC CW Feed SWS Wheat (ID: 22507)
294.00 MT
FOB Two Hills, AB
Aug 29 – Sep 16
$356.57/MT or $9.70/BU (Gross)
$349.07/MT or $9.50/BU (Net)
TRADED Aug 17, 2022
CW Feed Barley (ID: 22499)
126.00 MT
FOB Innisfail, AB
Aug 17 – Aug 31
$329.01/MT or $7.16/BU (Gross)
$321.51/MT or $7.00/BU (Net)
TRADED Aug 17, 2022
NC CW Feed Barley (ID: 22502)
210.00 MT
FOB Two Hills, AB
Aug 29 – Sep 09
$322.00/MT or $7.01/BU (Gross)
$314.50/MT or $6.85/BU (Net)
TRADED Aug 17, 2022
OS Heated Canola (ID: 22489)
19.00 MT
FOB Red Deer County, AB
Aug 17 – Aug 31
$625.81/MT or $14.19/BU (Gross)
$615.31/MT or $13.96/BU (Net)
TRADED Aug 17, 2022
OS Heated CPSR Wheat (ID: 22488)
117.00 MT
FOB Spruce Grove, AB
Aug 17 – Aug 31
$209.59/MT or $5.70/BU (Gross)
$202.09/MT or $5.50/BU (Net)
TRADED Aug 16, 2022
CW Feed Barley (ID: 22493)
42.00 MT
FOB Heisler, AB
Aug 16 – Aug 26
$329.01/MT or $7.16/BU (Gross)
$321.51/MT or $7.00/BU (Net)
TRADED Aug 16, 2022
NC CW Feed Barley (ID: 22495)
42.00 MT
FOB St. Brides, AB
Sep 01 – Sep 30
$327.32/MT or $7.13/BU (Gross)
$319.82/MT or $6.96/BU (Net)
TRADED Aug 16, 2022
CW Feed Barley (ID: 22487)
84.00 MT
FOB Two Hills, AB
Aug 17 – Aug 19
$313.55/MT or $6.83/BU (Gross)
$306.05/MT or $6.66/BU (Net)
TRADED Aug 16, 2022
CW Feed Barley (ID: 22483)
42.00 MT
FOB Thorhild, AB
Aug 12 – Aug 31
$325.00/MT or $7.08/BU (Gross)
$317.50/MT or $6.91/BU (Net)
TRADED Aug 12, 2022
CW Feed Barley (ID: 22475)
42.00 MT
FOB Gibbons, AB
Aug 13 – Aug 31
$336.51/MT or $7.33/BU (Gross)
$329.01/MT or $7.16/BU (Net)
TRADED Aug 12, 2022
CW Feed CPSR Wheat (ID: 22469)
71.00 MT
FOB Didsbury, AB
Aug 13 – Aug 26
$347.38/MT or $9.45/BU (Gross)
$339.88/MT or $9.25/BU (Net)
TRADED Aug 12, 2022
OS Heated Canola (ID: 22468)
9.00 MT
FOB Vermilion, AB
Aug 18 – Aug 18
$357.99/MT or $8.12/BU
(Gross)
$347.49/MT or $7.88/BU (Net)
TRADED Aug 11, 2022
CW Feed Barley (ID: 22474)
126.00 MT
FOB Ponoka, AB
Aug 11 – Aug 31
$334.50/MT or $7.28/BU (Gross)
$327.00/MT or $7.12/BU (Net)
TRADED Aug 11, 2022
CW Feed Barley (ID: 22451)
42.00 MT
FOB Worsley, AB
Aug 12 – Aug 31
$297.50/MT or $6.48/BU (Gross)
$290.00/MT or $6.31/BU (Net)
TRADED Aug 11, 2022
Feed Oats (ID: 22449)
42.00 MT
FOB Hines Creek, AB
Aug 12 – Aug 31
$266.87/MT or $4.12/BU (Gross)
$259.37/MT or $4.00/BU (Net)
TRADED Aug 11, 2022
NC CW Feed HRW Wheat (ID: 22467)
378.00 MT
FOB Taber, AB
Aug 15 – Sep 30
$365.75/MT or $9.95/BU (Gross)
$358.25/MT or $9.75/BU (Net)
TRADED Aug 11, 2022
CW Feed Barley (ID: 22462)
84.00 MT
FOB Ryley, AB
Aug 10 – Aug 17
$329.01/MT or $7.16/BU (Gross)
$321.51/MT or $7.00/BU (Net)
TRADED Aug 11, 2022
CW Feed Barley (ID: 22466)
42.00 MT
FOB Innisfail, AB
Aug 10 – Aug 31
$342.20/MT or $7.45/BU (Gross)
$334.70/MT or $7.29/BU (Net)
TRADED Aug 10, 2022
#2CW HRS Wheat (ID: 22470)
42.00 MT
FOB Calmar, AB
Aug 10 – Aug 31
$423.70/MT or $11.53/BU (Gross)
$416.20/MT or $11.33/BU (Net)
TRADED Aug 10, 2022
#2CW CPSR Wheat (ID: 22442)
42.00 MT
FOB Plamondon, AB
Aug 11 – Aug 19
$375.00/MT or $10.21/BU (Gross)
$367.50/MT or $10.00/BU (Net)
TRADED Aug 10, 2022
CW Feed SWS Wheat (ID: 22434)
84.00 MT
FOB Hanna, AB
Aug 11 – Aug 31
$374.94/MT or $10.20/BU (Gross)
$367.44/MT or $10.00/BU (Net)
TRADED Aug 10, 2022
NC CW Feed Barley (ID: 22458)
84.00 MT
FOB Goodsoil, SK
Sep 01 – Oct 15
$306.05/MT or $6.66/BU (Gross)
$298.55/MT or $6.50/BU (Net)
TRADED Aug 10, 2022
CW Feed Barley (ID: 22455)
42.00 MT
FOB Kitscoty, AB
Aug 09 – Aug 26
$317.53/MT or $6.91/BU (Gross)
$310.03/MT or $6.75/BU (Net)
TRADED Aug 09, 2022
CW Feed Barley (ID: 22447)
84.00 MT
FOB Grassland, AB
Aug 10 – Aug 31
$314.50/MT or $6.85/BU (Gross)
$307.00/MT or $6.68/BU (Net)
TRADED Aug 09, 2022
OS Heated Canola (ID: 22450)
42.00 MT
FOB Hairy Hill, AB
Aug 08 – Aug 15
$420.00/MT or $9.53/BU (Gross)
$409.50/MT or $9.29/BU (Net)
TRADED Aug 08, 2022
CW Feed Barley (ID: 22445)
42.00 MT
FOB Ponoka, AB
Aug 09 – Aug 31
$337.00/MT or $7.34/BU (Gross)
$329.50/MT or $7.17/BU (Net)
TRADED Aug 08, 2022
#1CW HRS Wheat (ID: 22404)
126.00 MT
FOB Carstairs, AB
Aug 09 – Aug 22
$426.70/MT or $11.61/BU (Gross)
$419.20/MT or $11.41/BU (Net)
TRADED Aug 08, 2022
OS Heated Canola (ID: 22440)
42.00 MT
FOB Hairy Hill, AB
Aug 05 – Aug 15
$420.00/MT or $9.53/BU (Gross)
$409.50/MT or $9.29/BU (Net)
TRADED Aug 05, 2022
OS Heated Canola (ID: 22436)
42.00 MT
FOB Altario, AB
Aug 05 – Aug 26
$715.97/MT or $16.24/BU (Gross)
$705.47/MT or $16.00/BU (Net)
TRADED Aug 05, 2022
CW Feed Barley (ID: 22435)
84.00 MT
FOB Leduc, AB
Aug 06 – Aug 31
$335.00/MT or $7.29/BU (Gross)
$327.50/MT or $7.13/BU (Net)
TRADED Aug 05, 2022
CW Feed Barley (ID: 22432)
42.00 MT
FOB Fort Assiniboine, AB
Aug 04 – Aug 31
$329.01/MT or $7.16/BU (Gross)
$321.51/MT or $7.00/BU (Net)
TRADED Aug 04, 2022
CW Feed Barley (ID: 22416)
42.00 MT
FOB Sedalia, AB
Aug 05 – Aug 31
$335.00/MT or $7.29/BU (Gross)
$327.50/MT or $7.13/BU (Net)
TRADED Aug 04, 2022
OS Feed Rye (ID: 22406)
35.00 MT
FOB Erskine, AB
Aug 05 – Aug 31
$240.65/MT or $6.11/BU (Gross)
$233.15/MT or $5.92/BU (Net)
TRADED Aug 04, 2022
OS Feed Rye (ID: 22281)
42.00 MT
FOB Vermilion, AB
Aug 04 – Aug 15
$259.50/MT or $6.59/BU (Gross)
$252.00/MT or $6.40/BU (Net)
TRADED Aug 04, 2022
#1CW HRS Wheat (ID: 22422)
42.00 MT
FOB Olds, AB
Aug 05 – Aug 19
$422.71/MT or $11.50/BU (Gross)
$415.21/MT or $11.30/BU (Net)
TRADED Aug 04, 2022
CW Feed Barley (ID: 22430)
42.00 MT
FOB Innisfail, AB
Aug 04 – Aug 19
$352.59/MT or $7.68/BU (Gross)
$345.09/MT or $7.51/BU (Net)
TRADED Aug 04, 2022
Feed Faba Beans (ID: 22417)
22.00 MT
FOB Strathmore, AB
Aug 05 – Aug 15
$344.75/MT or $9.38/BU (Gross)
$337.25/MT or $9.18/BU (Net)
TRADED Aug 04, 2022
