Grass and Legume Seed Market Update - October 6, 2009

 
  Grass and Legume Seed Market Update - October 6, 2009
Subscribe to our free E-Newsletter, "RTW This Week"Sign up for our
E-Newsletter
     Grass and Legume Seed Market Update HomeGrass and Legume Seed Market Update Home
 
 
 
 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.

Like last month, the last six months, and now, for the last year, the grass and legume seed industry is just stumbling along. Demand for new seed is virtually non-existent, making price quotes hard to obtain. With the economic woes still in the background, demand for grass and legume seed still has not materialized to any degree. Movement is slow, and most processors are only operating one shift on their equipment. And with harvest completed for many crops, and harvest continuing for others, the yearly harvest price pressures have compounded the overall grass and legume seed picture.

With slow movement and another year’s production added into the supply picture, storage and usage will become big concerns in the upcoming months. There will be plentiful short term supply around, but with decreased acres, longer term supplies may be lacking. However, we’ll have to wait a while for this picture to unfold.

Creeping red fescue prices have now been pressured down to the 40 to 43 ¢/lb range, with little demand for certified. The forage grass seeds are not faring much better, with smooth bromegrass seed quotes in the 40 to 45 ¢/lb range, while meadow bromegrass is anywheres from 80 ¢/lb to $1.20/lb, but no one’s buying, and no ones selling! Timothy remains in the 30 to 40 ¢/lb.

The legume seed sector is still up in the air as well, as these longer maturing crops have all yet to be harvested. Alfalfa seed quotes are anywheres from $1.00 to $1.45/lb, while red clover is any where from 65 to 80 ¢/lb. Alsike quotes are 40 to 45 ¢/lb, while sweet clover is 30 to 40 ¢/lb.

But once again, with harvest pressure, demand uncertainty and good supplies, price quotes are all over the map right now.

Grass and Legume Seed Quotes
Creeping Red Fescue
Boreal C R Fescue
Smooth Brome grass
Carlton Smooth Brome grass
Meadow Brome grass
Fleet Meadow Brome grass
Timothy
Climax Timothy
Alfalfa
Red Clover
Alsike Clover
Sweet Clover
Common #1 - Min 97% Pure, 85% Germ
Cert #1
Common #1
Cert #1
Common #1
Cert #1
Common #1
Cert #1
Common #1
Common #1
Common #1
Common #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
July 7
40-45
50-55
40-50
50-60
150-160
160-170
40
45-55
100-125
80-100
35-40
35-40
Aug 4
42-45
50-55
40-50
50-60
130-140
140-160
35-40
45-55
100-130
80-100
35-45
35-40
Sept 1
40-45
50-52
40-45
45-50
120-130
140-150
30-40
45-55
100-130
60-80
40-45
30-40
Oct 6
40-43
50
40-45
45-48
80-120
100-140
30-40
45-55
90-140
65-80
40
35-40
Prices are quotes only, until actual orders come in, that's when firm pricing is established
- prices in ¢/lb
last updated Oct 7, 2009


Prepared by David Wong, Market Specialist, Alberta Agriculture & Rural Development
Ag-Info Centre 310-3276

 
 
 
 
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 October 8, 2009.