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Published byJolie Durall Modified over 9 years ago
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A Valuable Tool for Willamette Valley Grass & Grain Farmers
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Significant Agronomic Benefits Broadleaf rotation crop Different chemical program than grass species Lower nitrogen inputs Erosion control No bees required for pollination “Nature’s sub-soiler” No residue to manage after harvest
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Significant Economic Benefits Utilize same equipment we already use for grass/grain production No cleaning costs Payment required by law 30 days after delivery Dry-land yields average 3000-3500 lbs in Valley, with highest at 4237 Current prices over $.30/lb
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2-143-3
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Commodity Crop = no middle man Variety of contracting/sales options – just like wheat market Local Options include: Willamette Biomass Processors (non-GMO) Pendleton Grain Growers Pacific Coast Canola (Warden, WA)
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Tuesday, Sept 25 th $30.44/lb (Intercontinental Exchange (ICE) – Winnepeg) – canolamarketprice.com $30.25/lb (NASDAQ market reports – nasdaq.com/markets/canola.aspx)
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$605/T = $0.30.25/lb $650/T = $0.32.5/lb
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July 2013 $0.29.7/lb July 2014 $0.27/lb Steadily increasing demand, particularly with “health-conscious” consumers & Asian markets
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