Anyone hear of any commercial sales of fababeans lately? Quite a few were grown around here last couple of years and was wondering if a commercial market was developing for these or are they only for seed? A web search did not come up with a bid.
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With all the supposed acres put in, it sure is a quiet topic in general. Considering seed was impossible to get last spring, no one is saying how the yields were, and how they turned out, let alone talking prices.
I did talk to my local hog barns: They will buy faba at the pea price, which is currently 6 bucks. Not bad, I would say...
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I am planning to grow some as crop for my own personal seed, and hopefully sell the surplus. I will also plant about 350 acres as a plowdown/fertility play.
I did some price discovery phone calls last week. It was a struggle. The only bid I did get was from Alliance Grain Traders. They would buy as animal feed for $7.00/ bushel delivered to either Rosetown or Regina.
I know very little about faba beans. They say plant early, which is a struggle for organic farming at the best of times! One conventional farmer friend (yes I have conventional friends) had 2 fields, he inoculated with lentil inoculant. One field went 50 bu/acre and the he second went 60 bu/ acre gross. His fields were clean and I think he sprayed fungicide on them.
Seabass grows them, I will start a thread and see if he can provide agronomic insight.
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W A Grain and Pulse Solutions has done the most productive human consumption market development on Fabas.
Snowbird low tannin fababeans are what their marketing has developed from the Alberta faba production area.
Lagus bites downgrade the faba beans to where many need colour sorting to meet human consumption quality. Frost also has caused black beans which means that early planting (May 10 or before) is required to reduce this problem.
For good fabas... $6.75/bu... (less than 8 percent) then down .30-.50 for each 10 percent increase in damage.
Generally feed over 30 percent damage... which can easily happen with lagus bites.
If you can grow good peas... there is better money in them (if you have got the right soil and cool climate)... and much better movement off the combine... especially yellows.
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