Yellow Pea Saga

[farmaholic]

Our flax into southern Manitoba..... same issue. Freight to plant took about 90 cents a bushel off fob plant prices. Sucks to be me.... in the Slum of the Ghetto!

[Klause]

their price for us here is $6.50 fob farm , just checked. the problem with farming at the edge of the world

You can get that at the feed Mills in Humboldt now.

[dave4441]

Those are going to Winnipeg actually.


I agree with the rest of your post but I think 5-6 here central SK will be needed to make export sense...

Yes, will be small volumes. We sold some our new crop purchases to same guy. Paid more then export market, in Sept. These are all about non traditional pea business

Prices loaded container CY Stoon will never work on peas to India, only stuffed in Vancouver from hoppers. In really strong demand it can equate, but normally pea margin is so low that it has to be transloaded only in Van.

[dave4441]

I ain't sellin to Dave !

Don't then. I am not trying to buy grain on here, but i have been realistic with my information for months as i usually have a pretty good understanding of these markets.

Find someone you trust to explain where markets sit and where they feel they are headed. Likely pays better then locking the bins in frustration months after the markets moved away from you.

[farmaholic]

Johnston's has brokered about 4244 tonnes(156000 bushels) of yellow peas this week.... with the VAST majority at $7.25/bu.

Good to see the market rebound a bit from the Indian tariff blow.

Can I get a finder's fee for putting this out there. I wonder if this market($7.25) will fill or if this is the new norm.

[farmaholic]

Weber's newsletter has North Dakota green peas quoted at $9.30 CAD. Looks like we have a bit of room on the upside compared to local bids. A skinny northern tier States pea crop?

$9.00 opens our bin doors.

[the big wheel]

Hahahaha anybody getting the picture yet?

[Rareearth]

If a guy could just figure out who the buyers are...

If a guy just had a big truck, and licensed to drive it...

If could just figure out how to load a container...

The paper work...

[danny W1M]

Can peas not work their way into soymeal markets?

Seems there's high demand for protein meal(meal protein)?

[farming101]

Hundredweight

[farmaholic]

Hundredweight

Sorry and thank you!

Converted to bushels that's only about $5.60???? seriously?

SELL

Edit: O the **** K..... Convert it for me. Something doesn't seem right.

[farming101]

[URL="http://www.bertholdfarmers.com/index.cfm?show=11&mid=26"]http://www.bertholdfarmers.com/index.cfm?show=11&mid=26[/URL]

5.75 US / .786 = 7.31 CAD delivered to Berthold.

[URL="http://rayfue.com/dtn/cash-bids/"]http://rayfue.com/dtn/cash-bids/[/URL]
6.25 US / .786 = 7.95 CAD delivered to Ray

[URL="http://www.beachcoop.com/index.cfm?show=11&mid=4"]http://www.beachcoop.com/index.cfm?show=11&mid=4[/URL]
Here's a better one: 6.75 US / .786 = 8.58 CAD delivered to Beach. A fair hike

[URL="https://www.ams.usda.gov/mnreports/lswbean.pdf"]https://www.ams.usda.gov/mnreports/lswbean.pdf[/URL]

High end of the range is 12.08 USD/cwt which is about 9.22 CAD/bu. I have no idea where that bidder is