The Rural Voice, 2006-05, Page 2HENSALL
DISTRICT
COIIOPERA TIVE
Soybean Outlook -
Fundamental traders suggest new crop soybeans could trend lower based on
record US/World carryovers, record soybean production currently being harvested
in South America, and the fact that growers are expected to increase soybean
acres in North America this spring in response to high fertilizer costs.
White Bean Outlook -
Gord Pryde, HDC's Dry Bean Marketing Mgr., has stated that end-user demand is
increasing for beans produced by qualifying HDC Food Producers and processed
at HDC's world class facilities. White Bean carryover is definitely not burdensome.
Our supply chain relationships offer long-term stability and allow food producers the
best chance to compete against the US Treasury, South America & China.
HDC has many contract types and pricing options available to meet your needs.
SOYBEANS TODAY:
43 bu./acre x $6.50/bu. = $279.50/acre
WHITE BEANS TODAY:
20 cwt./acre x $20/cwt. = $400.00/acre
Whites Advantage vs. Soys
$120.50/acre advantage
POTENTIAL SOYBEAN MARKET
43 bu./acre x $5.50/bu. = $236.50/acre
POTENTIAL WHITE BEAN MARKET:
20 cwt./acre x $20/cwt. = $400.00/acre
Whites Advantage vs. Soys
$163.50/acre advantage
NOTE:
White Beans can be direct harvested using
a conventional combine.
Coloured Bean Contracts are also available.
For more details contact your local HDC Field Marketer!
L
HENSALL
DISTRICT
CO-OPERATIVE
1.800.265.5190/1.519.262.3002
"Proud to be Farmer -Owned"
FARMERS FEED
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