Kabuli Chickpea prices?

[wedino]

What are your opinions on Kabuli chickpea prices? I think that the prices will go up in the next few months and keep climbing.

[wedino]

Based on what?

[TOM4CWB]

LarryWeber;

Your web site has good info... thankyou!

Your DTN links are helpful... there is more info on the full DTN service of course... it takes time to go through the info... for the basic grains it is very thorough... your Stat links are very good for Special crops...

Gizen;

Stat can give you probably the most complete special crops market info...

Remember; when our open marketers get caught in a squeeze... the must recoup the money somehow somewhere... or go out of business... there are no free lunches.

Every marketer would like to pay the top dollar all the time... high prices bring low prices... and sustained low prices will bring on high prices... all because of supply and demand.

As our CDN $ strenghtens... we have real problems competing...

The folks with Soybeans in Brazil are finding out... as the Real has appreciated, while the US dollar has lost value, Soybeans on the CBOT have become a better deal, increasing US exports and prices... shorting the US market.

A reasonable profitable price for your Kabuli's is what Gizen, have you got a reasonable figure penciled out?

What makes people think the CDN$ will drop against the US$... I don't get it... with the US war, deficits, higher interest rates and inflation etc... why should out CDN dollar not keep going up... and what does this do to our prices for grains?

[TOM4CWB]

There is still a lot of the 2001 good quality chickpea's supplies in farmers bins here in Canada that has not been sold. So that knowledge of that is not helping the prices right now as well as the Stonger Canadian$$.

Ag and Agri food Canada is forcasting the acreage base for chickpeas will drop by more than 2/3's from the peak in 2000-01. Most of the decline in the Kabuli type chickpeas. Indias's acreage down 6% from last year. They are predicting Turkey another major producer to plant a smaller area.

The biggest reason I think the price of Kabulis chickpeas is going to go up this year is I am not growing any. If I was to seed all my acres to Kabulis the price would go down for sure. This year I am not seeding one acre of them so the price is sure to go up. That is the way it seams to work for me.

This is just my opinion.

[TOM4CWB]

Gizen;

One thing we know for sure... none of us know the future!

If you can afford to hold them, and loose some money... you could also make good... as risk creates rewards... if your timing is right!

All the best!