Rye

[parsley]

Anyone have any insight into the rye market?
Price going up or down before next crop? Pars

[Kodiak]

I have a couple of good bottles in my liquor cabinet. They will be going down before the next crop is even planted. And maybe a few more if this weather doesn't break anytime soon. But as far as price, ask me if it will go up once the bottles go down. I may have more insight.

[parsley]

Ok, SmartSally, lol, I'll be more specific. What
will the price of rye, (the crop), be, by August
1st, 2013? Pars

[malleefarmer]

judgement on that pricing question will
of course be swayed by how much rye one
has drunk before attempting a logical
guess.

usda it seems work on same rye drinking
tactic before reports are written and
released

[parsley]

Scoundrels!
Should a guy with a carload of rye sell it now or
wait until July? Any sober opinions? Lol

[agstar77]

Let it age for another year!

[Rareearth]

Advertise it. Kijiji, western producer etc. let the
niche market manufactures know where to
source. Barter with them, make sure they know
its cheaper than corn and higher quality. Kevin
Oleary would want a royalty, don't go there.

[hobbyfrmr]

What was the cost of production for the rye?
What is the buyers price bid for the rye?
Is there profit in this transaction?
If there is profit in the bid, has the seller done a
credit check on the buyer so he can buy accounts
receivable insurance on this transaction?

If yes to the last 3 questions then sell the rye.

If you think you don't NEED the money, then sit
and speculate. The price may go down, or the
price may go up, one guarantee for sure is time
will pass until the next "chance" to sell rye.

[Oliver88]

How do people find fall rye yields vs Winter
wheat?

(Never seeded fall rye myself)

[Hopperbin]

The wheat board would sell 10 percent every two weeks. But the 10 cars would eat up the price of the rye. Moral of the story don't ask the CWB. Ok that one is old. :-) I think.

[malleefarmer]

Not much help parsley but currently in Australia
it's $40 below benchmark apw wheat
Not widely grown more a niche crop is rye corn
triticale a bit similar but better markets for trit

[Koldkanuck]

Phone Discount Seeds in Waterton South
Dakota. Sold some rye last year through a few
brokers, and found out from the truckers it was
all going to Dicount Seeds in Waterton. We have
been growing rye on and off for the last 40
years, and you never know what the hell is going
to happen with the price. About 5 years ago, we
thought we did good when it hit 8 bucks, only to
get offered 10.00/bu F.O.B. A lot depends on
your falling numbers, which you will be asked for
all the time with rye. In my experiance in growing
both winter wheat and fall rye, I would give the
advantage to rye. Only problem with rye, is it
becomes a weed in later years, as you get a lot
of voluntary growth.

[parsley]

I think holding until July will being a premium.
That was my two cents worth. He can afford to
hold it
Just curious to see what AV rye growers would
do; lots of sound thinkers on this site, and
experience counts a lot.

Thanks for input. Pars

[hobbyfrmr]

Parsley,
Personally I would sell now. I am the kind of
person who always likes to sell for profit. And
always like turning grain into cash.
If your friiend is going to hold out, I would
followup with Koldkanucks lead. Start.talking
with that company see which rail line services
them, get the official name of the us delivery
siding. In the future, if you make a sale in the
future, you have that piece of information for
the railcar order form.
I would suggest their customs broker handle the
crossing. Its easier for us.customer to pull the
grain into the US than canadian seller to push it
into the us. Also have your.friend fill out a
NAFTA certificate with rye on it. They are good
for a year. If you look after these details now,
before it gets.busy seeding, saying yes to a good
price happens easier and the paperwork less
flustering. Actually I think its empowering. Its a
true business transaction.
Get falling numbers and protein tested at an
accredited lab near you.
When talking to US buyer, tell them if you get
close to signing a contract you will be doing a
credit check for Accounts Receivables Insurance
on them so you may be asking for their D&B
number. Most buyers are fine with it. Any
buyers giving lame excuse, and deflecting from
credit check do not sell.