This peas and lentil thing is upsetting. WTF will farmers grow in 2018. Canola at $8

[SASKFARMER3]

Oh dave you worry about the bankruptcies in India how about Canadian Farmers Going under.

Todays prices for the next few years and a Pm that could give a rats ass about us will create that.

Hows your day going.

[the big wheel]

Wrong on all counts Dave.

There s lots that can be done but you who the politicians listen to are turning this around that it's our fault which honestly I hope people look at who you are and act accordingly.
There is a disconnect between buyers serving us and dictating to us because you have been given that power by politicians that needs to change.

Yellow peas prior to tarriff was 7 to 8 usually 7.50. So slap 50% tarriff means that those peas would only be bringing back half of 7.50 or 3.75 which means that because peas are now 6 dollars somebody was getting 6 dollars minus 3.75 = 2.25 plus 7.50 is 9.75. Who here sold peas for 9.75??
And on top of that we had to beg to move anything at 7.50 and now at 6 can sell it any day any where any time. All day every day?????

[wmoebis]

Can anyone explain why the check off $ aren't set as a % of net return on producers check instead of $/ tonne.
That way prod groups would be more focused on producer returns rather than increased production and gross sales. Although to some degree they are connected.

[dave4441]

Oh dave you worry about the bankruptcies in India how about Canadian Farmers Going under.

Todays prices for the next few years and a Pm that could give a rats ass about us will create that.

Hows your day going.

I never said anything about farmer bankruptcies in Canada. What i said is that people had opportunity to lock in profitable prices this year. People need to look at profit per acre. I would like someone to dispute that thought. You are trying to put words into my mouth.

And yes it matters if Indian companies are bankrupt or you won't have a buyer for vessels of peas. This is important in long run.

You won't fix this thing with government intervention but feel free to hope for that. We have had people use a marketing approach of "wait until the new year, it will get better" for 3 months already. It isnt getting better.

We are at prices now that holding and waiting is likely the best option. In reds anyway. Greens still have some room to come down (Still $18 per bushel)and you can get $7/bu on peas so it's not terrible either.

I have been on this site for 15+ years and it still amazes me how so many people want open markets until the market falls. Then they want government to look after them. We want rid of the CWB (myself included) but want the MLAs and MPs to fix this situation. Its just the reality of supply right now. We want high prices and vibrant industry but no foreign investors. We are happy when fert. comes down but they are gouging us when price goes up. Besides machinery (which we will not be buying this year), our total input costs in upcoming season will be lowest in years and years. That is a positive. I would like to see fert prices go back to the highs. Grain prices were high then as well.

[dave4441]

Wrong on all counts Dave.

There s lots that can be done but you who the politicians listen to are turning this around that it's our fault which honestly I hope people look at who you are and act accordingly.
There is a disconnect between buyers serving us and dictating to us because you have been given that power by politicians that needs to change.

Yellow peas prior to tarriff was 7 to 8 usually 7.50. So slap 50% tarriff means that those peas would only be bringing back half of 7.50 or 3.75 which means that because peas are now 6 dollars somebody was getting 6 dollars minus 3.75 = 2.25 plus 7.50 is 9.75. Who here sold peas for 9.75??
And on top of that we had to beg to move anything at 7.50 and now at 6 can sell it any day any where any time. All day every day?????

We are not late moving peas at all. In fact i think you can still get $7/bu FOB farm on peas. Hasn't changed that much. Peas destined for India where redirected into China by the way. Inventory within india was will have gone up in price. Reality was this impacted alot of Russian peas enroute to India as they were primary seller when this happened anyway.

[Klause]

I never said anything about farmer bankruptcies in Canada. What i said is that people had opportunity to lock in profitable prices this year. People need to look at profit per acre. I would like someone to dispute that thought. You are trying to put words into my mouth.

And yes it matters if Indian companies are bankrupt or you won't have a buyer for vessels of peas. This is important in long run.

You won't fix this thing with government intervention but feel free to hope for that. We have had people use a marketing approach of "wait until the new year, it will get better" for 3 months already. It isnt getting better.

We are at prices now that holding and waiting is likely the best option. In reds anyway. Greens still have some room to come down (Still $18 per bushel)and you can get $7/bu on peas so it's not terrible either.

I have been on this site for 15+ years and it still amazes me how so many people want open markets until the market falls. Then they want government to look after them. We want rid of the CWB (myself included) but want the MLAs and MPs to fix this situation. Its just the reality of supply right now. We want high prices and vibrant industry but no foreign investors. We are happy when fert. comes down but they are gouging us when price goes up. Besides machinery (which we will not be buying this year), our total input costs in upcoming season will be lowest in years and years. That is a positive. I would like to see fert prices go back to the highs. Grain prices were high then as well.

25 bpa x 8 yup big profit. Lol.


Not only a lot of pain for farmers... A lot of pulse trading firms will go under. Can't compete with markets that are so much closer.

[farming101]

Sure hope all these pea fractionation plants get built

[dave4441]

25 bpa x 8 yup big profit. Lol.


Not only a lot of pain for farmers... A lot of pulse trading firms will go under. Can't compete with markets that are so much closer.

I agree totally.

I was talking about reds in the fall mainly when i said that. 1500 lb crops at average price of 25 is $375/ac.

$9/bu was available last winter on peas and some was AOG if i remember correctly.

[Sheepwheat]

A bunch of millionaire farmers complaining about grain prices tailing off. 'Rich', don't you think? Why not just get bigger? Buy more iron? That'll cure the blues of these "awful" prices... Hurry, buy that cheap N, order your canola seed, defer those sales, incorporate to save taxes, drain more land, push more bush, produce more. Life is all about the dollar! Wait, doesn't it take dollars to do all those things? Wait, where did that money come from? Grain sales? But I thought they were too low? Did the money come from somewhere else then? I often wonder.

If you can afford any of the above, grain prices are just fine. Be happy with what you have for once. I wish I were in that position, but I am still happy.

First world problems people! This is exactly why I temporarily leave this site once in a while. I feel like I am on a different planet farming.

Sometimes a reality check is needed. If I can live with these grain prices, y'all can too...

[mcfarms]

There were certainly articles out previous to this showing supply growing, articles were out there to warn producers to be aware of potential issues ahead .
[URL="http://www.thehindubusinessline.com/economy/agri-business/will-bumper-crop-derail-indias-pulses-deal-with-canada/article9924048.ece"]http://www.thehindubusinessline.com/economy/agri-business/will-bumper-crop-derail-indias-pulses-deal-with-canada/article9924048.ece[/URL]

[URL="http://www.thenewsminute.com/article/india-s-overwhelming-pulses-demand-part-myth-and-it-s-time-we-moved-past-it-64597"]http://http://www.thenewsminute.com/article/india-s-overwhelming-pulses-demand-part-myth-and-it-s-time-we-moved-past-it-64597[/URL]