Grass and Legume Seed Market Update - June 3, 2009

 
  Grass and Legume Seed Market Update - June 3, 2009
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 Note: prices provided are normally given as grower prices, quoted by processors to growers after cleaning and dockage. However, with quotes now not being offered by many companies, last quotes may be provided.

If it wasn’t for retail sales, a lot of grass and legume seed processors would be taking holidays right now. Some companies have decreased their working staff as the need to process grass and legume seed grinds to a halt. Inventories are now piled in warehouses. Retail sales of hay and pasture mixes are reported good, but this isnt’ enough to carry processing plants used to handling 2 to 8 million lbs of seed annually.

In the turf seed end of things, the hoped for spring “buying of large wholesale lots”, just did not materialize. As long as the world economic jitters continue, the end users of turf seeds just are not seeing customers coming through the door. Creeping red fescue quotes, if anyone is even buying, are reportedly in the 40 to 45 ¢/lb range. Fall quotes are almost non-existent. With fewer acres this year, lower production is expected. But with good inventories in warehouses still, the economy still on it’s way to recovery; don’t expect any upward price movement anytime soon.

There are some wholesale sales in the forage grass seed sector, but not in huge quantities. Most prices have been pressured due to a lack of demand. Smooth brome grass quotes are in the 40 to 50 ¢/lb range, with Certified Carlton in the 5 to 10 ¢/lb higher. Meadow brome grass seed quotes have settled in the $1.50-$1.60/lb range. Common timothy seed quotes have moved down into the 40-45 ¢/lb range. Certified Climax timothy is quoted at a 10 to 15 ¢/lb premium.

On the legume side of thing, common alfalfa seed prices are in the $1.00 to $1.20/lb range. Variety not stated alfalfa seed can be 20 to 30 ¢/lb higher, depending on the variety initially grown. Alsike clover quotes have settled in the 35-40 ¢/lb range, while Red clover quotes are in the 80 ¢ to $1.00 /lb range. Sweet clover quotes are similar to alsike quotes, 35 to 40 ¢/lb, but with very limited demand.

The quietest grass and legume winter season is now over, and with a lack of actual buying and selling of wholesale seed, concrete prices are hard to pin down….. not only for growers, but also by the various marketing managers for our grass and legume seed processors.

Grass and Legume Seed Quotes
Creeping Red FescueBoreal C R FescueSmooth Brome grassCarlton Smooth Brome grassMeadow Brome grassFleet Meadow Brome grassTimothyClimax TimothyAlfalfaRed CloverAlsike CloverSweet Clover
Common #1 - Min 97% Pure, 85% GermCert #1Common #1Cert #1Common #1Cert #1Common #1Cert #1Common #1Common #1Common #1Common #1
Feb 5-08
50
60
130-140
140-150
160-170
190
35+
55-60
120-130
85-100
35
25-30
Mar 11
52-55
60
130-140
140-150
160-170
190
35-40
55-60
120-130
85-100
35-37
25-30
Apr 1
55
60-70
130-140
140-150
160-170
190
35-40
55-60
120-130
85-100
35-37
25-30
May 6
60
65-75
120-135
140-150
160-170
170-190
45-50
55-65
115-130
85-100
23-40
25-30
June 3
62-65
70-75
120-130
130-145
160-170
170-190
50
60-65
100-120
85-100
35-45
30
July 8
62-65
65-70
100-120
110-120
150-160
170-190
50
60-65
100-125
85-100
35-45
30
Aug 5
65-68
80-90
85-110
110-120
150-160
170-190
50
65-70
100-125
85-100
35-45
30
Sept 2
65-68
80-85
55-65
65-70
150-170
170 -190
50-55
65-75
100-125
90-110
45-50
45-55
Sept 29
65
80
55-60
65-70
165-170
170-190
50
65-70
120-140
100-110
50-60
40-50
Nov 4
62-65
75-80
55-60
65-70
165-170
170-190
45-50
65-70
120-130
100-115
45-50
40-50
Dec 2
60-62
70-75
55-60
65-70
160-170
170-190
45-50
55-70
120-140
100-115
45-50
40-50
Jan 5-09
60-62
65-75
45-60
60-70
160-170
170-190
40-50
50-65
120-150
110-125
40-50
35-50
Feb 3
55-60
65-75
45-60
60-70
160-165
170-190
40-45
50-65
120-150
115-125
40-50
35-50
Mar 3
50-60
60-70
45-55
55-65
155-165
170-180
40-50
55-60
120-140
105-115
40-50
35-50
Mar 31
45-50
50-60
45-50
55-65
155-165
170-180
40-45
45-55
120-130
80-110
35-40
35-40
May 4
40-45
50-55
45-50
55-60
150-160
160-170
40
45-55
100-125
80-100
35-40
35-40
June 2
40-45
50-55
40-50
50-60
150-160
160-170
40
45-55
100-125
80-100
35-40
35-40
Prices are quotes only, until actual orders come in, that's when firm pricing is established
- prices in ¢/lb
Last updated: June 2-09

Prepared by David Wong, Market Specialist, Ag-Info Centre, Alberta Agriculture & Rural Development

 
 
 
 
For more information about the content of this document, contact David K. Wong.
This document is maintained by Brenda McLellan.
This information published to the web on June 2, 2009.