Organic commodity prices holding firm after falling

One commodity group in Vancouver said its feed barley was about C$8 per bushel for Alberta. Photo: File

Glen Hallick
Glacier FarmMedia staff

Prices for most organic commodities have been firm during May, with little prospect of them changing, according to a number of dealers.

“I don’t think they’ll go down anymore until harvest,” said Bryce Lobreau of Pristine Prairie Organics in Pipestone, Man.

Lobreau said Pristine was paying C$7.50 per bushel delivered for feed barley and C$4 per bushel for feed oats.

That’s comparable for prices elsewhere in Western Canada. Dan Martinello of Westaqua Commodity Group in Vancouver said their feed barley was about C$8 per bushel for Alberta. Westaqua was offering C$3 per bushel for feed oats, also for Alberta.

“Barley has been attractive. We’ve been bidding higher than we typically have for about a year,” Martinello commented.

Jason Breault of RW Organics in Mossbank, Sask. quoted C$7.25 per bushel for barley and C$5.50 to C$6 for milling oats.

It’s great to have high prices as a farmer, but they were too high. – Jason Breault

Breault noted that prices for several organic grains were rather high at one point.

“It’s great to have high prices as a farmer, but they were too high. Prices are lower. We’re still pushing double conventional (prices),” he stated.

Breault added some prices, such as wheat, have been down of late, due to a large carryover and larger farms getting into organics.

In Ontario “prices have been a little softer in May compared to April,” according to Andrew St. Jean of Beechwood Agri Services in Parkhill, Ont.

He noted that soybeans were steady. Beechwood was offering C$29 per bushel for edible soybeans and C$23 per bushel for feed soybeans.

That was in the same ballpark as Wehrmann Grain and Seeds in Ripley, Ont.

“We’re very much in a holding pattern,” said Harrow Wehrmann.

He added there will likely be upward pressure coming from of the United States when it comes to corn, wheat and soybean prices.

Persistent wet conditions throughout the U.S. Midwest and Plains have delayed planting, especially for corn and wheat. Yields for the three crops are expected to be lower as well this year.