Canary seed price corruption

[riders2010]

Yields are way way down yet no response for price. Either brokers or buyers are ripping farmers off.

[eeyore]

Yea something is not right, they all say there buyers have backed away but keep hauling for .27 cents,

[sumdumguy]

That market is drying up because there are fewer and fewer pet birds.

[riders2010]

And I suppose the brokers and buyers are counting birds?

[sumdumguy]

Man, this site is getting belligerent.

[ColevilleH2S]

I thought acres were up 20% this year.

[riders2010]

Sumdumguy not being sarcastic but is there actual evidence that is the case?

Are acres up? I don't really know but in our area way down and I haven t heard of any good yields.

[TOM4CWB]

Riders,
To label Harvest Pressure of a thin market like canary... Price Corruption... you must admit is over the top. You could pick less accusing words of many fine people who work very hard to market Canary.

[freewheat]

I think the theory is when people get richer, they get rid of cheap to feed birds, and go for dogs and cats. Kind of like the eating meat vs. pulses when wealth happens.

I dunno though? While not 40 cents, 27 is not horrible historically AT ALL.

Cheaper crop to grow. Canary here, well the one field I saw, looked like under 20 for sure for some reason.

[Ache4Acres]

In recent years acres have been increasing, but this yields were seemingly down. Overall I would guess production was lower but maybe not by a lot.

Canary prices have always been very volatile. Much of the time for no obvious reason. Canaryseed is highly substitutable so that I think you need to look at prices of millet, corn, oats, niger, quinoa and sorghum to see how prices may be impacted. Those are mostly in high or oversupply. Canary prices will likely increase heading into the spring but not likely sooner. My 2 cents.