Originally posted by LouiseCarduner
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Yellow Peas:
West to East Yellow Pea pricing:
Sept - December 2023 - $11.00 / bu - deliver Alberta.
Sept 2023 - January 2024 - $10.00 / bu - picked up NE Sask.
January - March 2024 - $11.15 / bu - deliver south MB.
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Please let me know if you have any questions or would like prices on another type of grain - I am at my desk this long weekend!
Please let me know how harvest is going.
Be safe!Last edited by LouiseCarduner; Sep 2, 2023, 12:48.
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[QUOTE=LouiseCarduner;573189]Yellow Peas:
West to East Yellow Pea pricing:
Sept - December 2023 - $11.00 / bu - deliver Alberta.
Sept 2023 - January 2024 - $10.00 / bu - picked up NE Sask.
January - March 2024 - $11.15 / bu - deliver south MB.
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Yellow peas have been bid 12 bucks delivered and 11 FOB for two days in western Canada.
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Originally posted by crusher View Post$12 peas, that isn't at all locations in Western Canada. Edmonton area maxed out at $11. Might as well be more specific Larry.
There is speculation that India could come to Canada for peas (they have bought none in 5 years) later in crop year but it's pure speculation on Indian production. This could cause significant increase in price. Otherwise I am not so sure this thing can move up much.Last edited by dave4441; Sep 3, 2023, 06:51.
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Originally posted by dave4441 View PostThe market for yellow peas is not $12. One processor is paying that for fractionation. Market will not support $12 yet. Will it get there? It's possible but without Chinese demand it's going to take time. I don't see it happening this fall with the current attitude in the market. Almost impossible to sell yellow peas for export today. I hope I am wrong but too many demand issues for peas. I actually expected this market to have some level of rally this fall but it is minimal so far. If growers do start to sell any volume it likely goes lower in price.
There is speculation that India could come to Canada for peas (they have bought none in 5 years) later in crop year but it's pure speculation on Indian production. This could cause significant increase in price. Otherwise I am not so sure this thing can move up much.
125000 tonnes per year for 100 million dollars of taxpayer money, maybe more as FCC was in on it too.
Poof the money is gone waiting for a 10cent on the dollar bid.
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