Peas

[charliep]

Would put more on the speculation end of the world. Feed wheat more likely closer to $120/tonne. Soybean meal closer $280/tonne. Using 75%/25%, that would put value at $160/tonne. Will feed mills pay this much? Not likely. One of the pulse industies biggest challenges is to convince the feeding industry to start including more peas in rations/replace soybean meal. The other side of this coin is to get the grower side to provide consistent supplies. A market development challenge for both industries.

[rain]

Update on protein prices. Spot soymeal $330 delivered Calgary region. New crop December $260. Canola meal new crop $150