Off to Panorama Skiing

[SASKFARMER3]

Yes that's correct Ill give you that one but did you make more per acre growing bin run canola with treflan on SMF than you do now with Hybrid and all the extra I'm starting to think were becoming like CORN and "Soy" the chem make the money and us farmers keep digging a deeper hole. Hey Charley have fun hitting that dam ball around it drives me nuts chasing it. But their is BEER carts near by so always a good day.

[furrowtickler]

No - and - yes. Spread out the production over 2 years and hybred canola on stb can and does produce a more profitable return - but with more risk. And yes the cost of seed is much higher today than back then.
Remember that canola on stb yeilds were 20-25 now we are hitting over 50.

[hlg]

break down gross income. The inputs compared to total should be illegal.

[cottonpicken]

Wonder what the price of canola would be if we went
back to old technology.

[SASKFARMER3]

Higher than what it is now probably its old dollar a bushel higher than Soy. But no lets produce 20 million acres by 2018 so that producers can get paid 4.00 a bushel like hrs and durum or will it be like oats and barley.

[Choice2U]

Why does everyone compare now to the 70's....why not the 50/60's/80's/90'/00's. My dad was dirt poor until the 70's and it really wasn't until the 2nd half of that decade (5 years) when things were really good and he got out of a big hole. My point is that the latter half of the 70's is the anomaly while every other decade is the norm and it's been a struggle for most years with the odd short boom thrown in the mix.

[SASKFARMER3]

Because the boom was from 1976 to 1981 then the shit hit the fan. Not from Feb 25 to Feb 26. Then a constant decline.

[charliep]

Interesting how everyone wants to go back to the old days on canola. Perhaps we need to remember canola is being pulled by the consumption side as much as anything. There are markets to be filled and a supply chain that has worked together to do it. You may not like the Canola Council targets but they are as much more based on understanding market potential with the production side the challenge to satisfying this opportunity.

Yesterdays wheat PRO is likely a good example of the other side of the world. 2010/11 wheat PRO down $14 to $16/tonne. Canada loosing market share in world wheat production, world wheat trade and share of western Canadian acres. A good sign we are loosing competitiveness in world wheat markets as well as here at home.

[SASKFARMER3]

But charlie on the supply and demand side why as farmers every time we produce a bin burner the price just keeps dropping. Canola was suppose to have healthy oil markets yet the companies are not taking delivery of the product hired man still has stuff that was suppose to go in DEC. Its April in 5 days. So my point in all this is we produce more get paid less. But we keep feeding the middle man. Processors the seed companies fert grain buyers, all the parasites make yet by us over producing we just sc**** by.

[charliep]

Likely a strange comment but crops prices have very little to do with what happens in Canada. If you back over history, some of canola's highest price years. Similarly, some of the low price years were ones where a production disaster occurred.

Lots of outside factors influence price. What would the price of crops be today if the loonie were 66 cents or even 75 cents versus the green back? What influence will a devaluation in the Euro have on competitiveness as Europe deals with financial problems in the PIGS (Portugal, Ireland, Greece, Spain)?

Not criticizing anyone for trying to push costs out of the system. Expecting big changes in international grain and oilseed prices as a result of something that happens in Canada is perhaps optimistic at best. The world is changing. Is agriculture in Canada positioning itself for something different or is the to do more of the same thing?

[charliep]

Error alert- Some of Canada's highest canola price years were ones of high production. Some of the low price years matched up with production disasters.

[Choice2U]

I find it utterly useless to think or compare anything to the boom in the 70's because other than the roaring 20's, nothing else has come close. My dad was born in 1925 and the price of a bushel of wheat was $2.65 (source may be suspect). Point being, 2 x 5 or so boom years in the past 100 is useless to look at. I would rather base my sights on the other 90 years which only have short blips up. The only reason we had $18 canola for a week in 08 was because of hedge fund speculation which has nothing to do with the "real" market over the long haul. The other thing I remember is my first truck loan at 22% in 1980.....subsequent generations paid dearly for the boom of the 70's.