One Dumb Farmer Seeding intentions vs Experts! Ah I think Im more intune with whats going on.

[bucket]

I was just asking if the lower loonie will make canola a better deal therefore dropping ending stocks.

If I was rich it might be an interesting play to own canola going into spring. Dry conditions. No snow. Warm January.

A normal year won't straighten this year's cropping out but 2016 will change if it's dry.

If I was super rich like you charliep I would sit this year out.

[farming101]

The total open interest in Canola futures is going up at a very quick rate.
Likely a combination of short term speculation and new export sales being made or foreign buyers who would like to do more canola business.
If farmers can hold back on sales and get commercial stocks dropping there could be a case for $10 plus floor with some upside for the final months of the crop year.
An 80 cent dollar can't hurt.

[bucket]

Thanks 101.

[charliep]

bucket,

Come to FarmTech and we'll compare networths. The person with the biggest network buys beer.

[SASKFARMER3]

Funny topic! Yea Charlie I do agree with the curling analogy! It's still 100 days or less from seeding and we have till June to change acres!
Buy my point that tweedy and brave don't get is the experts want canola on every acre because the whole industry loves the profits this crop gives them! Suppliers, insurance, grain companies etc! All make great amounts handling canola!
Grow on. But realistically if lentils and peas are going up and durum is up and other crops are up which one will drop acres! You got it it canola the most expensive crop to grow!
But tweety and brave share your seeding plans!

[SASKFARMER3]

Ag Charlie that was nice! Share!
Minot farm show more interesting!

[SASKFARMER3]

Oh soy up canola down, yea it's a winner!
I loved growing canola but the industry F$&ked up a great crop!

[charliep]

Actually SK3, I am rich if I look at all I have. Some people have more/some less. Don't care. I live a good life.

[bucket]

I stopped growing canola years ago. Started growing it when this weather changed to being able to flower it in July and August. This weather seems to have shifted again. Not sure it's a sure thing this year.

[bucket]

Charliep

Let's just say we are even. My farm isn't worth shit until I make the decision to sell.

Farm shows go on forever.

So I am spending time watching my son's hockey. That's a finite amount of time so better time spent there for now.

[Braveheart]

SF3, first, I know an AAFC analyst. They don't care what you grow. They don't promote any crop. They only analyze and report as they see it.

Re the canola industry, do you think the industry developed this extensively because input suppliers and seed companies said lets get farmers on our hook? Or, did farmers start growing more and more canola because it was probably the only mainstream crop that offered the chance to make money,especially in the CWB era. Then, did the companies ramp up their investment in research and development of varieties and tech?

The industry is there because farmers wanted to go there.

[bucket]

There is nothing to prove that a 10 dollar per pound canola seed is 5 times better than a 2 dollar per pound seed.

It's just weather is better and farmers agronomy is different.

It's been a cash cow for everyone but farmers. Farmers still only get 10 bucks a bushel for selling it.

Seed on the other hand, on a per bushel basis, has went from 100 dollars to 500 or more.

Just for once people have to think in wider terms. In other words take the blinders off.

[tweety]

the canola industry is no different than the machinery industry. Lots of money feeds research, marketing, sales and outrageous options that go way beyond what is required.

[MBgrower]

Sk3, why dont u try some fababeans? Your in a good area to grow em.

[greybeard]

By the looks of your current seeding intentions SF3, you mostly agree with the experts.
Some of the more efficient guys around here are going with a near mono crop system.
Two crops only.
Think about it.