sawfly,
I booked peas @ $5.00 10%. I then booked 40% at 4.50. I was half sold before harvest.
I then sold some for 3.65 30%. I am now holding my last 20% until after seeding.
Pea bu avg last year was 42bu/ac. I was estimating a 32bu/ac during the summer(my worst in the last 7 yrs was 10bu my best was 60bu).
I am 80% sold on my LGL. My avg price so far has been 0.18/lb. I also sold my reds for 0.18/lb. reds last year avg 27bu/ac and LGL avg 21bu/ac.
To get into costs of production would be interesting, I would enjoy comparing and bouncing ideas on how to push profits higher with new ideas and not just complaining. I realize that you cannot control the weather, but if you can generate a profit when the weather is good it is a whole lot easier to farm when the weather is bad.The peas and lentils are 2 examples of setting a price and sticking to a marketing plan that I knew would return a profit. Every farmer had a chance at these prices but not every farmer acted on them.
It was not my intention to offend anyone in these forums or was it to sound arrogant, but only to give my point of view. I will be gone now for a few days so I will not be able to respond. Good luck in the upcoming year and watch the markets.
I booked peas @ $5.00 10%. I then booked 40% at 4.50. I was half sold before harvest.
I then sold some for 3.65 30%. I am now holding my last 20% until after seeding.
Pea bu avg last year was 42bu/ac. I was estimating a 32bu/ac during the summer(my worst in the last 7 yrs was 10bu my best was 60bu).
I am 80% sold on my LGL. My avg price so far has been 0.18/lb. I also sold my reds for 0.18/lb. reds last year avg 27bu/ac and LGL avg 21bu/ac.
To get into costs of production would be interesting, I would enjoy comparing and bouncing ideas on how to push profits higher with new ideas and not just complaining. I realize that you cannot control the weather, but if you can generate a profit when the weather is good it is a whole lot easier to farm when the weather is bad.The peas and lentils are 2 examples of setting a price and sticking to a marketing plan that I knew would return a profit. Every farmer had a chance at these prices but not every farmer acted on them.
It was not my intention to offend anyone in these forums or was it to sound arrogant, but only to give my point of view. I will be gone now for a few days so I will not be able to respond. Good luck in the upcoming year and watch the markets.
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