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i've been buying bulk locally and it's always bone dry so no molding but iv'e thrown down seeds and they germ and everything, but only developed 2-3 in. then die.thank you for any input
Considering the fact that most of it is thousands of years old to begin with, I'd say no it doesn't. If it's stored dry, there should be zero degradation.
Peat doesn't go bad, but it has no nutrients in it, unless amended. Even Sunshine #4 which has a "nutrient charge" will run out of nutrients within the first 1-2 weeks. So if you aren't adding amendments, or feeding nutes, that's your problem, if you are feeding/amending then more information is needed as to what your plants are doing when they die. Are they wilting and dieing? Leaf color, leaf burn, etc...
I would think it is possible for bails of peat to become saturated with water when stored uncovered and go anaerobic due to the contents being confined in the plastic bag.
Peat that isn't a "soil mix" is just peat and there is no gypsum or dolomite added. This usually floats around 4.0 ph...not good unless liming agents are used.
I use Canadian Spaghnum Peat at a 4:1 ratio with high grade EWC (thanks to Mizzafishkilla) for my seedling mix and they blow outta the soil like their ass is on fire.
IMO, it is the best seedling mix I've come across yet (thanks Coot). I think the EWC covers the bases with a minor nute charge, calcium and diverse microbial activity so the pH is a non issue. I also use well water which is 7.4 pH outta the tap so that probably has some play in the whole equation.
Even a top dress of EWC would be a big help to get your young uns off on the right foot IMO.