Commodity Markets Send Warnings

[hobbyfrmr]

Parenthood.

Agreed.

[AlbertaFarmer5]

Agreed.

I had a neighbor like that. From the outside he had it made. Beautiful wife, who made enough that he didn't even have to work unless he felt like it, but made good money if he did, spent most of his time building 4x4 toys etc. Had a paid for acreage and house in the country, had me for a neighbor on all 4 sides( most importantly), and was always pessimistic about something( maybe his neighbor?)

Then they had a baby, and his pessimism hit a new all time low. He was so upset about the world he was bringing this baby into, and what kind of future she would have. It was almost depressing... Then they sold their house and moved into to house sit her Dad's mansion ( I think on a resort), so I don't know if it got any better or worse, have lost touch lately. Sure glad none of those things happened to me...

[WiltonRanch]

When you become a parent and I stress parent not simply sperm donor, it’s natural instinct you’re wary and suspicious of the world. Have a few rugrats whom aren’t really rugrats anymore. Sure change your outlook, friend circle, lifestyle, and interaction with the outside world. Things are tough for lots of reasons and there enough problems but dwelling on it turns you into an old man too soon. Besides it affects your family if you can’t at least be positive with them. Been there myself. Still have troubles but try not to be an asshole. People have children with special needs are heroes in my eyes because nothing tests your mettle and the bonds of a marriage than raising a child with such issues.

[dave4441]

Canada is the dominant exporter of peas to China. Sales have more than doubled in the last 8 years. The market is Canada's to lose not so much any other country's to win

Russia, Kazakhstan and Ukraine export basically no peas to China now. Of course that could change but I think it would take a while. Just my thoughts and ramblings fwiw

They are working on their phyto requirements with China. As they are new producers they didn't have the ability to sell into that market. With India essentially closed, they are pushing to fix these regulatory requirements for new crop. They will then be a competitor in these markets.

This Black Sea competition issue is continueing to build. Reds sold from new crop Kzackstan into Turkey recently reflect 11 cents per pound to Canadian grower. We haven't seen the full impact of this competition to our Canadian operations yet. It's still coming.

[Klause]

They are working on their phyto requirements with China. As they are new producers they didn't have the ability to sell into that market. With India essentially closed, they are pushing to fix these regulatory requirements for new crop. They will then be a competitor in these markets.

This Black Sea competition issue is continueing to build. Reds sold from new crop Kzackstan into Turkey recently reflect 11 cents per pound to Canadian grower. We haven't seen the full impact of this competition to our Canadian operations yet. It's still coming.

dave, What did you see for yellows from Eurasia?


I've been hearing $4.75-$5.25/bu reflected back to a farmer in central SK... Please tell me that's B/S???


Argentina full of stories about how chickpeas are profitable, good for the soil, and a valid replacement for wheat... They are exporting pretty decent tonnage again.


Reports from OK and TX of wheat @ 16-18% protein, lower yields some is lower test weight (56lbs).

[highwayman]

We've been growing chickpeas on our farm for 22 years now and this crop has generated a lot of wealth on the good years as well as a couple of wrecks on the wet years. To go grow them in moist, high humidity climates is almost a guaranteed eventual disaster. As a suitable replacement for wheat, highly unlikely. Me thinks Argentina has much to learn yet grasshopper

[Klause]

We've been growing chickpeas on our farm for 22 years now and this crop has generated a lot of wealth on the good years as well as a couple of wrecks on the wet years. To go grow them in moist, high humidity climates is almost a guaranteed eventual disaster. As a suitable replacement for wheat, highly unlikely. Me thinks Argentina has much to learn yet grasshopper

Winter are cool and dry. Chickpeas lentils peas and wheat are winter crops like canola and barley there. Beans and corn are summer.

[dave4441]

dave, What did you see for yellows from Eurasia?


I've been hearing $4.75-$5.25/bu reflected back to a farmer in central SK... Please tell me that's B/S???


Argentina full of stories about how chickpeas are profitable, good for the soil, and a valid replacement for wheat... They are exporting pretty decent tonnage again.


Reports from OK and TX of wheat @ 16-18% protein, lower yields some is lower test weight (56lbs).

I haven.t heard but likely $1/bushel cheaper then here, 11 cent reds is $3/bushel lower so your price sounds plausible.

[westernvicki]

Agreed with Dave, competition from the FSU is real, it will be tempered by the same factors we have: weather, but production is increasing, (that is a huge land base) how much more capacity to full potential, we have no idea, but it is fair to expect as farming technology & capital is employed the geographic advantages of being loser to the market than us (and with increasing logistics capacity ever more so), & lower costs production total capacity will incline still (weather permitting). However, the biggest single change in the trade war with the USA is China's' response, the directed interest in other suppliers of food. Not entirely new, they were developing Africa, but likely altered to the new reality of the US demands to strategically look for alternative origins as a source, enter Russia. All of this is a changing paradigm for North American agricultural industry. Take heed.

Will Canada, be helped by the US trade wars, likely two tariffs just imposed on US pulses suggest this is so, but overall Canadians trade the most with the USA, and this market is key to Canada: key to the overall economy.

Stay tuned the western Canadian agriculture is safe with the National vision of the future in the PROTEIN SUPERCLUSTER, (& of course DAIRY).

Oh my.

[bucket]

Westernvicki

I sense sarcasm in your last sentence?

[farmaholic]

I hate to be negative, contrary to popular belief, but the most Primary Producers can hope for from the Protien Super Cluster funding and initiatives are crumbs that fall to the floor that Industry will brush off the table after they're done gorging!

[bucket]

It's just funding for AGT. ...