HRS in Canada is Becoming a grain to not grow!

[sumdumguy]

Farmaholic, I agree with your comment about prepricing product that he is hoping to combine. In my years of farming, I have witnessed the stress when harvest gets delayed and grade is in question. I suspect banks and lines of credit have a lot to do with producers preselling to lock in returns. It is unfortunate when they have to buy product to cover their positions. I see this most often on the special crops side.

[Braveheart]

Farmaholic, end users are definitely interested in the specs, you're right.

So, farmers REALLY need to do their own testing of good representative samples. Once test results are in the producers ability to negotiate goes up substantially.

#victimlessfarming. Power to the People.

[Braveheart]

Sumdumguy, prepricing is more linked to managing price risk than banks or credit lines. My experience is banks are always reactive. If the street price is low they say, "you should have presold". If the price is high they come back with "oh, it's a shame you pre priced".

Since the end of CWB monopoly, contracts are usually the only way gain entry into the elevator system.

[SASKFARMER3]

Locking in a .35 cent basis for next fall based on jan futures month for some of 2015 production is bad why?
It's managing risk. But we're getting smoked on grade. All back to last spring being two weeks behind.
Barley disease is min with aceppella. I'm using 80 because if I'm using 57 for wheat 80 is achievable. If wheat is 40 barley is 65.
Barley does have sprouting issues in wet and frost if late.

[farmaholic]

SF3. All you've done is lock in the basis and marry yourself to one option if you dont like the way you're getting treated by the contacting company. Futures is at risk and even worse is production risk.... come on!!! Basis is only one piece of the puzzle. When they are willing to write premiums and discounts into the contract, you'll have something worth signing. Deferred delivery contracts don't even have premiums and.discounts in them. I'm not saying it never works but I'm not willing to give up
what little power I do have.

Ask yourself this question. If They're not willing to take that risk, why should I?

[BreadWinner]

1 hr north of you sask farmer, wheat ran 40-60 and barley ran 30 -45. Both crops are losers in my mind. Lots of oats going in next year. Canola is definatly a high priced gamble but still the crop of choice for most.

[freewheat]

Braveheart. It is a risk I a willing to take. I have not had wheat downgraded on acct fuz yet. Not saying I won't or can't, but never have yet.

For three years now, I have watched as hog prices have been very competetive with milling wheats.

May as well grow more bushels, and have shorter straw, no lodging, and no stupid grade issues. If it rains on the CPS, who cares. If it freezes lightly, as long as it weighs up, it can be ugly, yet still be good nuff for hogs.

Why shoot for quality when it is hard to attain. The hog barns gotta find grain somewhere, they know what they need to pay to draw wheat away from the elevator system.

CPS used to yield much higher than HRS in the wet zone. Haven't grown it since the "agronomy shift" as I like to call it.

[Braveheart]

If you're not in the fuzz area, you could do well.

Curious again, will any of the general purpose wheats out perform CPS in your region? Sometimes protein might be better as well as yield.

[freewheat]

I'm kinda in a fuz area, but I have a theory about my fortune with avoiding it, but that is another story for another thread!

I was kinda using cps as a generic term for non milling high yielding wheat.

Soft white is out as the barns pay much less for it, and it won't mature well here most years. Responsive to moisture and fertility, just so stinking late.

As I look at the general purpose wheats available I see much the same thing as with soft white: Late maturity.

Hmmmm, more research needed. Some of them look like they could yield, I am just scared of late maturing wheat. IE. Pasteur says 8 days later, which in our cool wet area would actually mean at least two weeks.

[Oliver88]

Freewheat there is a risk when dealing with pig barns (getting paid). You already know to ensure they are bondable and have a good credit history.

It's a matter of time until we hear of BIGSKY 2.0

[freewheat]

There was a risk with big sky indeed. I would hope Olymel will be better.

[sumdumguy]

Was there government money poured into Big Sky 2?