Are both at $8.00/bushel FOB Farm. Grain Millers.
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Organic milling oats and feed barley
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That's fanatastic but maybe I wouldn't be shouting it from the rooftops. ....so it stays that price. You might attract alot of attention from fence sitters.
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Like yellow mustard... sold for $.60/lb delivered. This is a niche crop and basically inelastic demand that can be easily overproduced. It has had to go up in price(not all the way to sixty cents though, its just S/U is very low right now) to buy acres away from other crops. With canola having been grown in most of Western Canada, finding ground to seed it into is a bit of a problem. Then there's cleavers...
Great crop to speculate with.
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The other day I made my quote:
"You can feed a market and grow it or starve it and kill it"
I made this quote from a seller's perspective and I think colevilleh2s took it from a buyer's perspective. In reality, I guess it works both ways...
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There is a fine line between skilled marketing for profit and holding organic grain/products at ransom. I have seen it where organic flax gets short and the last holdout producers are asking for extraordinary prices above the existing premiums. End user begins the outsourcing procedure from a different country.
As described , you can feed it or starve it.
Organic prices are higher because they reflect lower average yields. Half a crop, twice the price. Very often the net result is similar to conventional farms. Sometimes better, usually it is not enough to go on a new iron spending spree to minimize income taxes.
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Except for those who are fanatic about things, most consumers will back off demand when prices get too high.
Humane treatment, envirionment friendly, organic, GMO free, gluten free, natural, locally produced, the list goes on and hard to predict what is coming next.
Eggs are an example where some consumers would pay a dollar a dozen more for these things but doubt more than a few would pay a hundred or even or even ten dollars more.
The sky is not the limit.
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Sold my oats at $8 in Jan. Soft white is going in March for $17, would have been $20 but it had low falling numbers. It yielded the same as dad's hard red across the road, but a drought year isn't a good comparison. I made money he didn't. I'm thinking of throwing in a 1/3 rate of chickpeas in with the wheat next year. Feed chickpea are likely going to trade for $0.85/lb.
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Farma, authority will take care of Cleavers. What your average and top yields for yellow mustard. I have some going in this year and I'm wondering if it's worth pushing the inputs on it. I'm in decent canola country but I don't like growing canola when the breakeven yield is in the mid to high 30's.
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