Yellow Peas

[SWFarmer]

Yeah now there are rumors that India is going to impose a 25% import duty on lentil imports next.

[seldomseen]

After a dry summer I was considering growing peas again so I guess I will rethink that idea.

The last couple of years that I grew peas they looked great until I sprayed them and then they were just devastated with root rot. It also rained to the point of flooding at about the same time so I don't know what does the most damage. Not growing them for awhile might be best for me.

[ajl]

If pea and lentils acres get halved, what is going to replace them? 25 or 30 million acres of canola next year? That would make Agrium happy. They are likely jacking fertilizer prices right now. There are brush piles on newly cleared land burning around here. Combine that with $8 canola next year and the 80's are back.

[farmaholic]

Soybeans? But around here they were a bit of a bust.
Green peas....much smaller market can be over produced.
Red Lentils....in the toilet too
Other types of lentils will follow reds if too many acres shift to them.
Chick Peas....small area suitable (weather dependant)

The huge Indian demand was too good to be true for any length of time. ...and next year?

[dave4441]

Soybeans? But around here they were a bit of a bust.
Green peas....much smaller market can be over produced.
Red Lentils....in the toilet too
Other types of lentils will follow reds if too many acres shift to them.
Chick Peas....small area suitable (weather dependant)

The huge Indian demand was too good to be true for any length of time. ...and next year?

India is typically a large part of green pea demand. Scratch my previous somewhat bullish 2017 crop thoughts on green peas

[the big wheel]

Somebody needs to grow some balls and slap import duties on their *** contaminated foods. Their air and water are so filthy they re told not to go outside during the day. Our groups here are so *** stupid and lazy why isn't this brought up. Their food likely isn't safe to eat and they're worried about non issues with our s

Call your mla and mp and tell them we need to hear them individually on the news making this statement or no vote next time.

[westernvicki]

Economics 101: the cure for high prices is high prices.

We are in oversupply, more so India is in oversupply.

the most damaging issue with the imposition of this import duty is it appears to be affective IMMEDIATELY, which means anything enroute or in a contract is subject to the import duty on arrival: there is not even a small window of tolerance for contracts executed, and although trade has been reduced there are still a lot of tonnes.

This is a clear case for the WTO as indeed the impact is global. Massive losses will be incurred.

It is hard to understand why a Nation would take such a route, and the clear lobby is for a minimum of a 60 day implementation time to allow all contacts to clear: the Dec 31 fumigation deadline was looming at any rate, and for Canada it still is.

With massive plantings, with good production the issue of oversupply from Indian self sufficiency will continue. As an FYI India has had a goal of self sufficiency for many years, one which I am not sure we believed would happen but it has. Like the oil oversupply, it may be a new paradigm.

[westernvicki]

And with lower global demand the root rot issues is less of problem, as longer rotations will help, and lower prices could enable long rotations. Not a fix but a possible solution.

Sure hope club root stays away!

[farmaholic]

India is typically a large part of green pea demand. Scratch my previous somewhat bullish 2017 crop thoughts on green peas

Shit.....even if I deal with a local value added processor. ....low tide will ground some ships. Even if they aren't India bound I can't see them paying up.

I wonder what the S/U is on green peas....are they even calculated separate from yellows. Here in the Slum of the Ghetto our yields weren't very good, 26-28 bu/ac. I would need a price of about $20/bu to equal last year's gross returns...can't see it happening (sarc).

[Hamloc]

Next step. How is everybody now planning to market their peas? I talked to Viterra and Pioneer yesterday. No price not interested. I heard that Patterson had a price of $5.40 a bushel. So for those of us with peas what is the plan? Personally, I may have jumped the gun sold them to a local pig farmer yesterday while he still had future space.

One funny note, I remember discussing whether I was going to grow Faba beans or peas last spring. I told my neighbour I wasn't really interested in the faba market because it was now basically only a feed market, in my opinion now peas won't be much better. So what is the plan?