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Quality Grain Marketing

News, BLOG, and RANDOM MUSINGS

FEbruary 5, 2024

5/2/2024

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Good afternoon:

Last week's sales and prices realized were encouraging. It's too soon to call it evidence of a trend but regardless, buyer sentiment seems to have improved on at least some crops. For how long, I have no idea; and to what end, I also have no idea. As a general rule most crops are down right now, with conventional barley often trading lower than conventional oats. 

Prices realized last week were:

Brown Flax     $47 FOB March-April
Golden Flax    $65 FOB Feb-Mar
Red Lentils     $69/$1.15 FOB Feb
HRSW            $21 FOB Feb-Mar-Apr  (retail ready close to market; expect closer to $18)
Yellow Peas   $22.50 FOB Feb-Mar

I need conventional glypho free yellow peas SE SK and MB $13 FOB, organic yellows #2 or better $22-23 AB-SK-MB FOB; red, green, and French lentils, and conventional rye offering $7-8 FOB in Alberta. I also need 20-60 MT of organic golden flax mid $60's. 

New crop contracts are offering $45 for organic brown flax. New crop organic peas will be issued in March. 

As always, premium product attracts premium price. 

Have a good day. Let me know what you have and what you're after. 


Andrew Turner
587-287-8447
[email protected]

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    Author

    Reed 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

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