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Peas? Suck? Price in the Tank! Trudeau takes a personal.

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    #11
    Originally posted by Braveheart View Post
    Do you need a reward for being stupid enough to grow peas amid no demand?
    Thank God people are still growing peas what would you like everyone to grow all canola?

    At 6 bucks with the fertilizer it puts back and the good of rotation still better than summerfallow or everyone growing canola. Could you imagine???

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      #12
      According to trade database some peas still going into India. Not many though....
      Click image for larger version

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        #13
        SF3, peas were about $3.50 one year back in the mid-2000s. $6 bucks aint half bad. A few years ago I sold some for like $11 bucks when I was the only person in the country who grew them.

        Whats a shame is durum. Top quality, 13% protein, $6.97. Spoiled bug invested wet crap grain that I didnt check got sold at Terra Fuels for $5.80. $1 dollar difference for best human consumption product on the planet vs ethanol and some pig feed.

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          #14
          There is still plenty of room for the price of peas to slip further. Hopefully not. There was a time we were only getting 3.50 to 4.00 a bushel.

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            #15
            Wish my peas looked like that.
            They've never gone to India or gone bulk. But ya, peas suck, please dont grow them anymore, I dont want the competition.
            Too many growers leads to the Malt game currently. Sorry I grew it this year. My last.

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              #16
              India Tariffs getting no attention anymore by the invisible Ag Minister or PM Groper since his Mr Dressup/hired assassin trip.

              Hopefully they are removed before seeding 2019 or else canola acres will be crazy.

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                #17
                Yeah it's not like this was a surprise. Newsflash: the good times are gone. Prices are sliding, interest rates and inputs are climbing.

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                  #18
                  Don't give up . . . yellow peas could be a 'sleeping bull market' last half 2018-19

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                    #19
                    Originally posted by Braveheart View Post
                    Do you need a reward for being stupid enough to grow peas amid no demand?
                    there are many reasons to grow peas ;
                    good for the land
                    $85/ac to grow
                    we don't grow canola on canola
                    high protien wheat guaranteed next year
                    can lock in $6.50 for nov
                    50-60 bpa fairly normal here
                    it's all about what's left after bills are paid

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                      #20
                      Originally posted by Braveheart View Post
                      Ad hoc payments would/could trigger trade action and more tariffs.
                      Ad Hoc payments would also completely disguise the message that the market is trying to send, leading to an even bigger glut of a product with no market. Leading to even bigger Ad-Hoc payments ad-infinitum. More government is never the answer, in fact it is the problem.

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