Old crop Canary seed

[the big wheel]

Like many things there is no one marketing for us.
There are those that make their hidden deals with the buyers that we never know about.
The Mexicans told the president of the USA to fk off these people in their gov also own and control canary market etc
You think we are saying anything to
Them?

[dave4441]

Last trade i heard of into Mexico was 22.35 cents to grower delivered plant basis plus 2 cents for cleaning plus rail freight of about 8.5 cents. All prices Canadian. Last trade to Europe was likely lower, closer to 21. Trade is speculating that high wheat price will carry price up. Right now about $100 disconnect from market at destination to canadian grower price.

Price will be fully dependent on yield. We have fairly large carryover, same as last few years of about 75000 MT. That's for a market that ships 150,000 MT per year. We expect production to be about 125000. So lots of supply so doubt we see 30 cents per lb. Canadian dollar also stronger over last month which is not helping.

In 2015 market rallied to 30 cents thru to end of harvest and went down every day from then until summer 2016. I expect similar things from this market. Unless wheat moves higher or harvest

[bgmb]

Dave, you sound like a wheat trader 8 weeks ago. Ha

[dave4441]

It's tough to predict this thing as is a total weather market. We will have lots of canary to supply the market, just how tight of hands it gets in. Negative is the truly the lackluster demand that we have seen last few years. No hype. No traders at destination following this market up. They are sitting.

Saying that i have traded 10 cents canary in my career. And i have traded 40 cent canary. I have 1300 acres of my own seeded at Lancer and it was seeded early May. I don't have a clue what it will yield. But i think it is better then 20 bu/ac which is likely the magic number for this market.

On another note, most buyers of canary in Mexico loaded up last summer at 25 cents Canadian grower price and forward bought about half of their yearly demand and market has gone down ever since. They have lost money on the entire 2016/17 crop year. Likely made it back in eston lentils though. That's the kind of market they are in, lose on some business gain on others.

[bgmb]

Sounds kind of like the flax market just hasn't kept up

[farmaholic]

Thanks for the reply Dave. Maybe green peas this year at Lajord?

[dave4441]

Thanks for the reply Dave. Maybe green peas this year at Lajord?

Yes 100% re green peas. We have one 1500 Mt bin dedicated to green peas. Half full right now.

[Oliver88]

Prices improving?

[Guest]

Prices improving?

We managed to get $.24 in july /aug . That was all we needed so it all went. New crop hasnt been good. Cant grow it for $.21. Havent sold any since aug

[sumdumguy]

Is there anywhere that posts the price the Mexicans actually pay?

You mean, "if they pay", don't you?

[iceman]

You mean, "if they pay", don't you?

Like button

Iceman out

[the big wheel]

No I mean I d like to get all that they pay not only a part and the rest into a go betweens pockets.