How to i18n dropdown menu values. populated from database table.

I have cargo form with dropdown menu in simple_forms, which is populated from model cargo_price:

<%= f.association :cargo_price, :label_method => :price, :value_method => :id %>

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There is model called cargo_price with only ID and price columns, price column has 3 values (these values are populated to dropdown menu via that association) . I would like to i18n this populated menu. Is there any best practice for such a case? I tried without success to put translation to yaml file:

en: simple_forms: options: price: allin: ‘All in’ pp: ‘40 PlusPLus’ makeoffer: ‘Offer’

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thanx a lot