Contracting into 2017 new crop

[Klause]

Wheat canola beans... anyone considering it? May have 4 buck wheat who knows..

[fjlip]

Or $8, who knows, we all bet and wait, good luck.

[errolanderson]

Huge pea acre increase . . . take a look at yellows.

[Oliver88]

If you could get good 2017 bids for yellow peas, yellow mustard or red lentils I don't think it would be a terrible idea.

I'm sure there will be crazy seeded acre reports this year that could push those prices down. (Not sure if they can be priced out that far though.)

[ajl]

Will be interesting to watch pea and lentils prices next winter. Fear of dryness likely still propping prices. 2017 prices will be a function of $CAD. Poloz talking about rate cuts again, and the charts indicating $CAD going lower so that will support nominal prices. If $CAD goes to 0.90 then there will be $4 wheat but I don't think we will see that as the oil price would have to get a lot higher for that. Will have US shale wells on line before oil gets that high.

[Grahamp]

I would be interested if I could price some fert at the same time. I would be quite nervous committing to one without the other this far out. Other than maybe peas. I haven't heard of any 2017 pricing for yellow peas though.

[bucket]

At only 560000 tonnes per week which equates to a 28 mmt rail freight program.

The elevators will be plugged. No good prices by backing the system up.

[dalek]

I have beans and corn sold through '18 crop. Even if price increases I think there's more downside risk in basis via the dollar

[Partners]

We are all hoping for more dollars per bushel than the current values...
Unless the future holds a big increase..we are not selling..

[biglentil]

Jubilee drought lock the bins not going to contract a lb.

[iceman]

The odds are in the house's favor when forward contracting pulses. Like 9 to 1. It's a fools game of chance

Ice Out

[farmaholic]

wiseguy....define "their".

[iceman]

wiseguy....define "their".

Do the math son


Ice Out

[farmaholic]

I suppose there's a difference between

A fool playing their game

and

A fool playing his game

.....parking it in the hangor for the night. Back to base.