I graphed out (from 1991 to 2007) historical data on yellow field peas. The data I used was seeded acres, production, average yield (in our RM's), average price and carry-in and carry-out stocks.
I graphed price in relation to overall production 1991 to 2006, seeded acres to production 1991 to 2006 and price to area yield 1991 to 2006. The rest of the data I put in column from 1991 to 2007 for quick reference.
The data is very interesting. The average price from 1991 is $4.57 a bushel. Looking at the data going into 2007 (govnt. predicting a 5% drop in acres) tells me that looking in as much now for $5.00 is a very good idea.
If anyone wants my excel spreadsheet just give me your e-mail address and I will sent it to you.
I compiled my data from Statistics Canada and the Goverment of Saskatchewan.
I graphed price in relation to overall production 1991 to 2006, seeded acres to production 1991 to 2006 and price to area yield 1991 to 2006. The rest of the data I put in column from 1991 to 2007 for quick reference.
The data is very interesting. The average price from 1991 is $4.57 a bushel. Looking at the data going into 2007 (govnt. predicting a 5% drop in acres) tells me that looking in as much now for $5.00 is a very good idea.
If anyone wants my excel spreadsheet just give me your e-mail address and I will sent it to you.
I compiled my data from Statistics Canada and the Goverment of Saskatchewan.
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