Good chinook morning:
The organic market has been very slow as buyers and sellers adjust to the new normal of higher interest rates and abundant inventory on most crops. Movement has primarily consisted of good organic durum and flax with prices on both falling somewhat. Almost all movement is spot purchases and they change price from hour to hour. There is a continual demand for organic pulse crops but at the same time buyers are quite firm on their pricing which has also fallen slightly. The prices on offer are quite location dependent with higher prices in the south. I have a buyer offering new crop organic flax for $45 bu Sept-Dec 2024. Buyer prefers within 500 km of Yorkton but will look at all options. If you are a buyer or producer interested in new crop contracts please contact Quality Grain. I have a producer offering new crop organic yellow mustard 84/MT looking for indications FOB Stornoway MB. I have a buyer looking for 100 MT Organic Green Peas and another looking for Organic feed yellows farther east the better for Minnesota delivery. I have a couple loads of organic screenings one primarily wheat at $300/mt and the other peas-oats-weed seed at offers over $200/mt. Please contact me for more information. There's a lot more on offer within the system, both asks and sales. Have a good morning, Andrew Turner
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Good morning:
Organic cereals are still quite solidly in a long slump. American producers are reputed to have tons of inventory and their new crop contracts are barely even started. Small loads of all commodities are particularly hard to get a firm offer on so if you have loads that are less than a Super B bear in mind you'll probably need to deliver to get anything out of them. Most organic transactions and especially cereals transactions are spot deals and they change from hour to hour so your attention is key. If you have conventional crops to sell on your farm it may be a good way to mitigate your organics. That said, I need 1000 MT of yellow peas in the $22.50 range del'd St. Paul, and 100 MT of good green peas. There's also a need for good durum. And as always, bring your organic and conventional crops forward both for sale and to buy. Sincerely, Andrew Turner -- Quality Grain Marketing Est 2002 Broker Organic And Conventional. Pulse, Specialty, Cereal 200+ buyers C/Text: 587-287-8447 Three Hills, AB |
AuthorReed McDonald - Owner and chief blogger at Quality Grain Marketing. With all the noise and click bate headlines this agricultural based blog will highlight what current events I am following. Be sure to check in regularly for updated musings Archives
April 2024
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