If they don't put that money into breeding root rot resistant varieties the pulse industry will be fuked in short order. It should have been started 10 years ago. The pulse industry has done zero work on potentially the worst problem
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In 1980, we were up to our eyeballs in debt, but we had 160 acres of Summerfallow, paid $1.20/lb for foundation Laird lentils. Everything went wrong that could go wrong, but we ended up with a lot of #3 lentils, dried from 26% moisture. They germinated and were sold for seed at 45 cents/ lb and were spread around our district for many years. Growing lentils and cleaning grain got us out of debt pretty fast, fast enough to but up land in the downturn. We would have been hooped with 21-23-24% interest rates. They saved our butts for sure.
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Funny thing about lentils and peas aND othe pulses.....there are no puts, calls or exchanges for them and people make good money growing them.
Just wait til the big money men decide there needs to be a derivative market on them as well.
Pulses ....just food people need and will pay for.
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So true Bucket. It's hard to believe that an industry can remain so transparent that anyone can participate in all aspects of this industry without restraint and with factual information. All you need is a pocket full of money to participate all the way up the chain. I was surprised to see some of the newer on-farm seed cleaning plants lately. They are state of the art built by plain old farmers, their families and friends. Thumbs up pulse industry.
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So? What?
1-leave it alone
2-Make it refundable
3-reduce it and leave it non-refundable
4-reduce it and make it refundable
5-increase it ;-)
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I could have it non- refundable
As some producers Don't realize the value we get from the pulse research done to improve varieties.
There is a reason land is $2000/acre in Palliser triangle -answer lentils
THey especially don't realize how lucky we are with the pulse Seed model compared to what will come down the line with Upov 91 (expect to see some CON politicians on high paying Board seats as payback)
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