Durum high

[furrowtickler]

Funny how the buyers always talk up the yields .... interesting .
Pea yields in general in this area so far are 20-40% below normal .. fact
Canola will be the same . The odd one will be better and some well below normal.
There will be some bigger yields west and NW through Turtleford area .
It will be highly variable in the whole NW Sask from some crops above normal to many below .

[bucket]

Interesting factoid....

Export prices are higher or stable over the last 2 weeks and yet prairie prices are dropping like a rock. ...

Most guys have the storage for this crop.....


If my grain hits a railcar it's probably taking a paid for ride to the west coast or Thunder Bay. ...


Not hard to see the minus 3.50 dollar a bushel basis.....

[dave4441]

Interesting fact. Lentil prices/pea price idea by most destination buyer's is lower then today's grower price in the country in Canada. Largely due to competition from other countries. Pea demand getting beat up by Black Sea product, red price kept in check by Australia old crop with new crop coming in Dec. We don't live in a bubble anymore.

I don't mean to be negative but there is not much positive to talk about in many of these markets right now.

[furrowtickler]

Funny how the buyers come up with lists of excuses at harvest time to drive prices down or keep a lid on them .
I hear a big pea crop in Iceland coming off , must be due to global warming , great crops up there .... lol

[Guest]

Interesting fact. Lentil prices/pea price idea by most destination buyer's is lower then today's grower price in the country in Canada. Largely due to competition from other countries. Pea demand getting beat up by Black Sea product, red price kept in check by Australia old crop with new crop coming in Dec. We don't live in a bubble anymore.

I don't mean to be negative but there is not much positive to talk about in many of these markets right now.

can get $8 sept peas just about anywhere , that's positive

[dave4441]

can get $8 sept peas just about anywhere , that's positive

Yes it is. My view is it will come under pressure. Maybe it doesn't go to $6/bu but really hard to see $9 either. That is for yellow peas. Green pea #2 should be better later.

[sumdumguy]

Green pea samples sun-bleached this year?

[farmaholic]

Green pea samples sun-bleached this year?

Nope, not ours. Let them get fairly ripe, hit them with Diquat, harvest tough, aerate. Repeat next year.

[dave4441]

Green pea samples sun-bleached this year?

No just feel that market is tighter later. No export business in short term available to trade but should be more options this winter. There is some feeling that bleach is higher this fall 2017 but i feel it is firmer later without that issue as i don't really know for sure. Time will tell

[bucket]

I should have clarified ....was talking about durum....best quality in years and now the buyers are happy with a 3cwad is the excuse....FFS.