Attended Farm Barbecue today, consensus were done seeding most say!

[wmoebis]

Bet there is real time data somewhere. Only privy to chosen few.

[SASKFARMER3]

Full retail dave good to here from you but reality is last year was a miracle. All I am saying is their are millions of acres that wont get seeded.

[freewheat]

Dave, your tour of the southern third of sask is out of touch. When you mentioned your from the southwest, I had to laugh a bit. Drought worse than too wet. HAHAHAHAHAHAHA.

Travel the number five or 16 sometime to get perspective.

This is where grain yields are higher, and this area is not seeded. Hope the southwest can come up with some 70 bushel canola yields so we can feed the crushers!

[freewheat]

I'll also try to remember the next drought that hits the west, and my crops are phenomenal, to mention in passing, it can't be that bad, wet is sorse than dry, its just a small area, etc. Take 2002-03, some of my best crops, it was A "dought" year I thought. Media was freaking out. DROUGHT,DROUGHT. Not "here". LOL

[bucket]

The cwb has the capabilities to watch in real time the images of crop development. They will show you the command center but not let you access its info, even though we are paying for it. Ironic.

[LWeber]

The USDA can take a sat shot of your farm that can be blown up to tell if you had a shit in the driveway - that is how clear it is. Google Earth loses resultion when blown up and the technology is considered antiquated.

Some of the USDA global crop monitoring sats circle the globe once every 90 minutes. BUT - they are worthless in cloud cover.

For 79 million dollars of administrative fees, all of it working for farmers, (sarcasm off) how many sat pictures have you seen?

You guys deserve so much better.

[dave4441]

I give up Freewheat. Not once did i mention anything about canola, nor did i say i had seen either NE or East central. And to be quite honest, canola yields in SW can be quite strong, especially hybrid and the fact we have less disease pressure then your area. I do not grow canola due to my continuous cropping rotation.

Here is my suggestion. If you feel the canola crop is bad and have enough conviction, take your line of credit and buy the sh-t out of the canola futures. I am not trying to be a prick here, but maybe there are other options for you. I should have my head examined for ever posting what i have seen on here.

[freewheat]

I would use my line of credit but she's all used up. Still paying for 06/07. I DO NOT think your a prick and hope you don't think I am. I'm afraid of going down, and so excuse me if I am short at times these days.

Take care.

[dave4441]

No problem, i have been through enough droughts where we had virtually no rain, then a sprinkle in June, blow a wad of inputs, and then zippo for crop, i do get it. Weather it is drought or to wet they are both an devestating to finances.

[hobbyfrmr]

I am strongly thinking of buying long futures call options for canola. I am thinking December. I have not looked at prices or premiums, just trying to collect thoughts. I not not grow canola, no chance for phsyical delivery. Buy long call options, if price goes above strike price and premium paid, I would sell the option make profit correct? If it stays below strike price premium, then no profit, and the options would expire worthless. Just checking, after all, sometimes its about commodity marketing. Some insight would be helpful to make sure I have this straight.