USDA January Report

**jrlee21** · Jan 12, 2011, 08:59

Seems that this report is bullies of crops. Looks like a good time to sit back and see where the market is going.

**charliep** · Jan 12, 2011, 10:02

Market bulls liked the report - at least on the open.

**charliep** · Jan 12, 2011, 10:31

Not related to USDA but I found the following report interesting - highlights the demand lead price rally we are in.

[URL="http://www.agrimoney.com/news/****seed-rally-close-to-alienating-key-users--2693.html"]EU ****seed[/URL]

**charliep** · Jan 12, 2011, 10:35

Euro 510/tone equates to about Cdn $650/tonne.

**boarderbloke** · Jan 12, 2011, 10:55

hey charliep, can you find a EU value for what they're paying for Green peas in Europe. Also any word on New crop pricing for Green peas out of CPShow/S'toon?

**charliep** · Jan 12, 2011, 11:46

I don't have a source of European pea prices. You might check with Chuck Penner/LeftField Commodity Research.

[URL="http://leftfieldcr.com/"]Leftfieldcr[/URL]

**boarderbloke** · Jan 12, 2011, 11:48

Thanks, BB

**ianben** · Jan 12, 2011, 11:55

Hi
I dont grow peas myself but farmers
weekly ex farm uk prices last week are
micronising £213-£217/tonne spot
feed £205-£210 spot
both plus £1/ month forward

**ianben** · Jan 12, 2011, 11:55

Hi
I dont grow peas myself but farmers
weekly ex farm uk prices last week are
micronising £213-£217/tonne spot
feed £205-£210 spot
both plus £1/ month forward

USDA January Report