Do you "have to grow wheat"?

[jdwerker]

With all the wheat politics why do we even grow it?

[Hopperbin]

Rotation. Options. Barley. Canary. Where I am from no corn. Soy or lentil. Wheat does not look good I agree. Feed is at human price if not more considering no dockage. Its a gamble

[Hopperbin]

I was offered and I delivered 6 dollar feed peas last 3days no dockage . Kicks the shit out of human wheat.

[bucket]

Until they find a cure for anphomyces it looks like wheat will be here. My John deere peas are looking like a failure.

Canola should be written off. So I am Left with flax and wheat for this year.

[ajl]

The market is speaking: We don't need Canadian wheat. Peas and lentils substitute of choice. Saw nice peas in the bow Island/Med Hat area yesterday.

[bucket]

Ajl

They do want canadian wheat and that is why customers are paying 10 bucks a bushel for it at the coast.

Its a matter of getting it to them. Don't let the families minions tell you different.

There is a big problem in canadian ag now - far greater than when the CWB was here.

I couldn't see that implementing transparent reporting would be an impediment to fair market trading but it was. They forgot to do the simplest part of the process.

[sumdumguy]

Bucket, where are you getting $10/ bushel at Vancouver? We need to be growing high yielding low-cost wheat. That is what the world wants.

[ajl]

Japan was paying that off the coast for high protein HRSW during the winter. The price has backed down somewhat since then. Just google portland wheat prices. If the Canadian rails got more wheat to the coast the price would be lower. The other factor in the wheat market is that there is a huge premium for high protein because that is what the US millers bought. More generic wheat like a #2 11.5 there is no market for. The other problem is that Japan bought a less CDN wheat this year than in the past due to the yen decline making wheat a lot more expensive in yen terms. Getting exact data up to date on that is a bit tough.

[bucket]

The USDA reports PNW values for DNS.

Do you guys think Vancouver values for hrsw are any different?

Occasionally tender prices for our wheat are released. Latest indications still point to good values out of Vancouver.

Values prior to February 2014 were running higher than year prior and we making half on the prairies.

[boarderbloke]

I posted about this May 17th(on page 9)
Guess some of you thought you might outsmart the market.
Any chump around the world can grow wheat, that's what we're up against.
If the world is short, they'll pay up, if there's protein around, your not going to get any extra premium, even if you have it. If there's a protein shortage and yours is low(in my best Jersey accent),,,,"Forget about it !!! "

[wmoebis]

I talked to a farmer from England yesterday. He said they have started growing Canadian -ACBarrie as of 2 yrs ago.
It is a lower yielding higher quality what than local wheat. However they get a $300.00 a tonne premium at the mills. He said that matches the landed price from Canada.

Didn't get the price of local product. So I think yes the world does want our high quality wheat and yes they are paying for it. Farmers just aren't seeing that money.

[hobbyfrmr]

About 12 years ago I came to the conclusion that My farm is too small and horribly inefficient to grow wheat, plus I have a family to feed.

[Hopalong]

That's the beauty of a market economy as opposed to to a command or regulation driven one.
Those who want to, including having a belief that it pays, are free to grow wheat.

[ado089]

I dumped wheat for rye. Canola is the next crop to go.

[sumdumguy]

We have been trying to sell wheat overseas since the CWB monopoly was gone. It is tough when we don't have a terminal and as you know, we would have to depend on rail to hit the ships. The buyers want $5.00 wheat with no margin nor freight added. So, that is where negotiations end. By the time you add on elevation, documentation and freight, it no workee. Just saying Bucket, that is our experience.