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Rayglen Market Comments - August 24, 2016

The oat market remains at its steadily slow pace. Many buyers are reporting they have covered off product for the next while and demand remains limited. Milling interests are pretty well covered for the time being as there is just no sense of urgency in this market. It is no surprise we have many producers still sitting on product and with the new crop now starting to hit the bins, space is getting tight. We have been stuck in a lull and it seems prices are continuing on their flat trend. There may be a better opportunity for pricing your oats in 2016/2017 as the year progresses. Feed oats have been trading around that $1.75 to $1.90 per bushel and a good quality #2 CW has been indicated around $2.20 to $2.30 per bushel, as mentioned earlier, in light trade. If you are interested in marketing your oats, please call your merchant and let them know to keep an eye out on small demand spikes in the market. ...

Rayglen Market Comments - August 17, 2016

There has been some pressure in the feed wheat market over that last several weeks. There has been a decent supply going to the feeders and new crop is starting to come off in many areas. We are seeing prices in the $3.50-$4.00 range depending on the vomi levels. Vomitoxin will also be a factor in pricing your feed wheat this year, so once it is harvested it is best to get a test done to be able to market it properly. Movement is running into September as August is mostly full. The milling markets haven’t seen any major price changes, which indicates there hasn’t been any pressure from global markets. There has been some interest for new crop Durum in SE Sask, so call your merchant for more info. ...

Rayglen Market Comments - August 10, 2016

There has been some pressure in the feed wheat market over that last several weeks. There has been a decent supply going to the feeders and new crop is starting to come off in many areas. We are seeing prices in the $3.50-$4.00 range depending on the vomi levels. Vomitoxin will also be a factor in pricing your feed wheat this year, so once it is harvested it is best to get a test done to be able to market it properly. Movement is running into September as August is mostly full. The milling markets haven’t seen any major price changes, which indicates there hasn’t been any pressure from global markets. There has been some interest for new crop Durum in SE Sask, so call your merchant for more info. ...

Rayglen Market Comments - July 27, 2016

Rayglen’s market comments will be limited over the next couple of weeks. As always, this is the time of year our staff hits the road for crop inspections. We will be touring around all areas of Saskatchewan, Alberta, Manitoba and the northern USA. During this time, we observe and make note of how crops are looking and develop a report on what we can expect for the upcoming harvest. This information is then funneled back to you, our clients, helping producers get a better idea of how the market may perform this upcoming fall. For now, we will be giving you a general idea of how the market has been acting over the last week as a whole, and once our staff returns, we will continue with our regular comments broken down by specific commodity: ...

Rayglen Market Comments - July 20, 2016

Flax prices are unchanged this week. We are seeing spot brown flax in the $12.00 delivered range for a #1 and yellow flax in the $16.00-$17.00/bu range. As far as new crop prices go, they also remain sideways. New crop brown flax is being indicated at $12.00/nu picked up, while yellow has been trading as high as $16.00 picked up, both would include an act of God clause. In May, 42,000 tonnes of flax were exported, which was below normal and last year's amounts. Volumes to the EU improved while Chinese purchases declined. Exports to the US have been below normal all year as well. The CGC data shows improvements for June but the total for 2015/16 will likely end up close to 600,000 tonnes, compared to 708,000MT last year. Some off the combine selling could put temporary pressure on bids, but there is potentially a more bullish outlook. ...

Grain Bags Information Sheet

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Recent Commodity Bids

  • 2016-08-22

    Flax - Brown

    Movement: DELIVERED August - December, 2016

    Area: Contract Type: Spot Purchase

    $12.00/buGrade: Milling

  • 2016-08-22

    Mustard - Yellow

    Movement: FOB August - October, 2016

    Area: All Areas Contract Type: Spot Purchase

    $0.30/lbGrade: #1 Canada

  • 2016-08-22

    Lentils - Small green

    Movement: FOB August - October, 2016

    Area: All Areas Contract Type: Spot Purchase

    $0.38/lbGrade: #1 Canada