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24 cent red lentils

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    #11
    Originally posted by TASFarms View Post
    I think stats can over estimated this years crop. Was there much of the previous year’s crop still in the bin?
    Yeah, my guess is about 800,000 MT of old crop and we ship about 2 MMT. So yes carryin is a issue and will affect what level of rally we can have. We are 6 months into the crop year, new crop reds start harvest in 7 months.

    We dont have enough time to actually tighten Canadian stocks enough in my opinion.

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      #12
      Sask bids over the years
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        #13
        From a guy that knows nothing about lentils, is there a reason that they sell by cwt? Is there no standardized bushel weight?

        Do they fix nitrogen comparable to peas?

        At the 24 cents you are talking about are they profitable? What are normal yields?

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          #14
          Originally posted by GDR View Post
          From a guy that knows nothing about lentils, is there a reason that they sell by cwt? Is there no standardized bushel weight?

          Do they fix nitrogen comparable to peas?

          At the 24 cents you are talking about are they profitable? What are normal yields?
          They fix N like peas!
          They are more profitable at .24 then .20 is all I’m going to say.
          Yield is like anything .... you need moisture.

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            #15
            They were great in their hayday. 20 cents and thirty bushels was gravy train in 1980. No flex headers and open Versatile swathers and we thought we were partying, even with grasshoppers in our teeth and bleeding knuckles from fixing teeth. 👍 Now its too easy and they are overproduced. Just my HO. I’ve just pulled my helmet on.

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