Red Lentils, how high can they go?

[JDGreen]

So Dave as a buyer knowing that split yield is only 2-3% lower on an X3 let's say.. Yet price is 20% lower.. Why is an X3 not discounted on its additional damage rather than a flat 20-25% discount? Your pretty much admitting what we already know... X3 and 3 Pricing is a screw job not based on anything but a number picked out of the air.. This needs to change to a total damage based system..

[dave4441]

I agree. But have no idea how it happens.

Number 3 is a different story. Damage is higher as is, generally, bleach and copper and split yield drops way off.

Green Peas I have no clue.

[gustgd]

Thanks Dave

Agree story on reds is far from over.

There will be a lot of lessons learned on marketing non hedgable commodities on this farm

Getting grade spreads and buyouts in writing before I sign another crop that's not in the bin. This includes durum.

Saw a guy at the elevator yesterday looking to sell his lentils.

Got spot price of .27c. He said he never sold any pre harvest. "Was to busy to think about it"

I imagine, this fellow would normally be as "cash poor" as most farmers in Sept.

I don't know how I could sleep with no plan for cash flow other than to take what's offered at harvest.