Canola specials

[Oliver88]

Unfortunately some farmers will sell canola for under $10 and they will get away with their "special".

[fjlip]

At $12, 5 lbs is almost $10000 per quarter.
With this years yield/prices = 18% of gross return. At 25 bu/ac = 27% of gross.
Bitch and complain all you can to the thieves.
All you hear is seed is short, new variety yields more.... had same yields in 1975, Midas conventional 40 bu/acre. Neighbor had Zephyr went 50, 6 feet tall stood great.

[hobbyfrmr]

Bucket,

Interesting perspective. It takes over a bushel of seed to buy a pound of canola seed.
Then fjlip quantifies it even better.
Looking at it from the supplier side, that is some sweet business. Farmers are addicted to canola for the purpose of cash flow, very dangerous circle.
Why not plant oats or peas, then invest the remaining money you would dump into a canola crop and buy shares in Input Capital Corp? INP.V. You get to participate in the canola market without weather risk.

[ado089]

They tried to shake me down when I was custom hauling some grain in September. I asked if the cheapest stuff was selling fast? They said no. I told them I'd wait until march then

[Guest]

yea its all horseshit , how many people bought glyphosate last fall like me ? i was told it was increasing in price before xmas or as soon as they were sold out . i tied up $20,000 for sfa . price has not changed to this day . its all bs , and they treat us like were stupid , there will be lots of high priced canola seed left next spring and fert will be cheaper in the spring, dont let them bs you anymore

[Hopperbin]

With breaders competing I am thinking a planting seed price drop is in order. My pioneer seed did pretty good in all. So thinking I can buy it from coop paid in full july 2015 for cheap as now.plus not sure growing it so on sidelines. Next year country will need tax deduction next year. Like klause says a lot of crops are pencilling out good next year. Haha. Then again if everything falls into place like that ever happens. Growing crops is a life long learning process.

[Hopperbin]

With breaders competing I am thinking a planting seed price drop is in order. My pioneer seed did pretty good in all. So thinking I can buy it from coop paid in full july 2015 for cheap as now.plus not sure growing it so on sidelines. Next year country will need tax deduction next year. Like klause says a lot of crops are pencilling out good next year. Haha. Then again if everything falls into place like that ever happens. Growing crops is a life long learning process.

[farmaholic]

The seed companies and canola buyers will only lift the sole of their boot off your neck when you turn purple and start gasping for air. And then only long enough for you to catch your breath so you can produce another crop all over again next year, because they need you.

Why don't these seed companies and buyers rent(or buy) the land and grow it themselves for the "commodity" market? Because they have you taking all the risk. Doesn't "verticle" integration reach that low?

Seed companies will never give up "what they worked so hard to gain" they will squeeze supply and create an artificial shortage to maintain their margins. What a novel idea.....

[Hopperbin]

Which is why the Input and seed supliers wish to separate themselves from crop sales.

[hobbyfrmr]

Farmaholic, you may be onto something. There are some really big farmers in my area. Excellent top producers, consistent and efficient. Their cop is like 15 million, and 7 million etc.
I have often wondered if behind closed doors they are just doing custom work for Cargill, or Dreyfus.
It's way easier to pay for good farming and 12. Btrains a day from one phone call, instead of pissing around with a bunch of little guys trying to peddle their 4 or 5 loads per year.
There is no reall indication this is happening, just an empty musing of a jealous neighbour!