I agree that $5.20/bu in today's market is high. The objectives are two fold however. Get farm managers thinking about the value of their feed products in nutrient terms (a fancy way of saying their customers eyes) and working to being paid on this basis. Secondly, helping farm managers compare the edible and feed markets - given the high price of soybean meal, the feed market perhaps has more potential that edible yellows.
Where were you offered the $4.70/bu for feed peas? Haven't seen this high. I would be making sales here.
Where were you offered the $4.70/bu for feed peas? Haven't seen this high. I would be making sales here.
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