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Still thinking on what to seed this spring?

Give our knowledgeable staff a call to discuss what might be best fit for your operation. We can input your own personal numbers into our data program and create your own crop rankings. Figuring out return on investment and breakeven numbers is not rocket science, let us help you at no charge. ...

Rayglen Market Comments - February 15, 2017

Mustard markets continue sideways this week. The only market seeing modest strength is brown mustard. The big story continues to be the same, supply is adequate and prices are steady. The spot price market has crept up to 32c/lb on yellow, as high as 34c/lb on brown, and possibly 32c/lb on oriental June to July movement dates. New crop pricing for yellow mustard is 35c/lb and oriental is at 33c/lb for forge variety. New crop brown has traded as high as $0.34 now and is now attracting some acres. This value pencils in very well considering brown mustard yields. These values are all with an Act of God on the first 10bu/acre, and for full crop year movement. We also have a good supply of certified mustard seed with the option of on farm delivery. The seed can be treated. If you are interested, call our office or your merchant. ...

Rayglen Market Comments - February 8, 2017

Most markets have been sitting fairly quiet this week, peas included. Yellow peas are trading around $8.50/bu delivered and green peas are at $9.00/bu delivered. As per a STAT report PFCanada has been a strong advocate for selling yellow peas at $9.00/bu when and if it pops up. As for today, yellow peas are down from their highs, but it still might be worth taking advantage of a sale if you have some left to go. There hasn’t been a lot of news on the new crop side, but we do have some opportunities just shy of $8.00/bu delivered. Every once in a while we also have interest in new crop maple peas at $12.00/bu, which is a good place to start if you were wanting to lock in some acres for this fall. ...

Rayglen Market Comments - February 1, 2017

Once again there has not been very much change in the oat market this week. We are seeing high demand in north east Saskatchewan for some dry and heavy feed oats for $2 - $2.25 and prompt movement picked up in the yard. That being said, if you have dry oats anywhere give us a call for pricing. #2 CW oats in southern Manitoba are still seeing delivered prices around $3.30 with a premium for later movement. We haven’t seen #2 CW oats hit $3 as of late but make sure to call in and put out a target if you have any. If you have any interest in new crop oats, we have seen some options so feel free to give us a call and ask. ...

Rayglen Market Comments - January 25, 2017

Last year, producers across the prairies planted 265,000 acres and had very good yields. Even with 10% to 15% still in the field, we seem to be sitting with comfortable supplies- maybe a little too comfortable. Canaryseed, for the most part should hold up over the winter and can be harvested in the spring with only little yield losses. So what that breaks down to is that there could potentially be another 20,000 tonnes that hits the bins in the spring, which likely won’t bode well for the market. Argentina is also expected to produce 45,000 tonnes, which will add more competition. As it stands we don’t expect too much of a price swing, up or down, in the canary market for the near future, but we could see some pressure come spring. Bids today range from 21-22c/lb FOB the farm for good sound quality. ...

Rayglen Market Comments - January 18, 2017

The Crop Production Show has come and gone and it didn’t bring many changes to the lentil market. We had a few new crop programs pop up for small red lentils but this week the prices have softened a touch. For new crop large and small green lentils, we still have good opportunities available to sign up acres under. On the old crop side of the market prices remain quiet. India’s Rabi pulse crop is in good shape and is only requiring minimal rains in the next two months for it to yield quite well. It is not expected to see a spike in lentil markets as that would be assuming India and Australia will be producing below average yield crops. With the large amounts of acres that were put in, just an average yielding crop will supply a large amount to the market. ...

Recent Commodity Bids

  • 2017-02-21

    Lentils - RED, Small

    Movement: FOB September - November, 2017

    Area: Contract Type: Spot Purchase

    $0.23/lbGrade: #2 Canada

  • 2017-02-21

    Peas - Maple

    Movement: FOB March - April, 2017

    Area: All Areas Contract Type: Spot Purchase

    $15.00/buGrade: #2 Canada

  • 2017-02-21

    Lentils - Small green

    Movement: FOB March - April, 2017

    Area: All Areas Contract Type: Spot Purchase

    $0.48/lbGrade: #1 Canada