Potential June rains...

[dave4441]

$3/bu is the cost to move the container from Vancouver to India. Rail is $50/mt. Cleaning and elevation should be 50-65 with production values risk. Edc cost, interest and brokerage all add up.

Total cost is about cad 12 cents per lb from farm to Indian port. India has stopped buying reds as they have a lot already bought. Turkey has bought zero (or very little) and started there own harvest. All indications are that it is a good crop. We dont know 100% but it looks strong and the fact that they are not a buyer means it is probably pretty good. We need Turkish demand for reds this year if we grow a average crop. Remember we had above average crop last year and 100s of 1000s of acres where zero at Moose Jaw. Plus we added a million acres of reds this year. Anyone who says they know where red price is headed is totally guessing.

Price depends on Canadian production. We have 3 million acres of reds planted. 1 million more then last year. India will not buy everything we grow if we had a average crop. Need some time to know what we will grow and it is anybodies guess.

You can sell today, new crop at cad 56/lb delivered to Indian port. Its about 10 cents too high. Old crop if you ship now you will get that number. But not enough product available to trade to build much of a program. Price could be 100 cents pet pound in India and if CDN trade can't buy any volumen who cares.

[sumdumguy]

Ocean freight alone is 6 cents. Processing 3.5 cents, plus 1-2 cents container P&D, container freight to Montreal - 4.5 cents - receivable insurance, grading costs, brokerage fees at overseas 1-2%, then office staff, office expenses. After all those these costs, what do you think the bid should be?

[sumdumguy]

Oops, forgot ocean freight insurance.b

[dave4441]

Should have said "you can't sell new crop at 56".

And the problem is that India can not buy the whole CDN crop at a average crop across Alberta and sask. Their next harvest is Feb for reds. So we have half of year of consumption to sell into and then that Indian domestic crop will determine the red MKT in Canada.

[riders2010]

Dave worked at zellers. Lowest price for farmers is the law that way he can have more of a free be with his buyer pals

[Klause]

Oh for crying out loud.


The guys on here bitching about how much it costs to export.... Have you EVER exported anything?

12 cents a lb.... for cleaning, freight to port, shipping, brokerage, etc... that's pretty decent.


If it sounds too much, how about ya'll start cleaning, bagging, and loading containers... Put your money where your mouth is.

[furrowtickler]

Try and find workers that can actually think and pay attention to wtf they are doing on the job for more than 30 min at a time for less than $25/hr .....good fukin luck .. Everyone whants more for doing less it is fukin patheitic - oh a god forbid in agriculture you ask someone to help out on a fukin weekend during the busy season ...

[furrowtickler]

*** every young person needs to be paid like bill gates and work union hrs 9-4 and ask for more money and 4 day weekends - fukin brutal this time of year .
My advice - go get a job at the post office

It's been a long spring ...

[saskcanfarmer]

Klaus - Been there done that. You'd be floored if you seen actual margins on reds the last number of years. Reds, Durum, Mustard and Canary Seed. Mind boggling what happens in a non transparent market.

[furrowtickler]

Sorry for the rant but corn planters do that to you right after reseed and hail and frost and flooding and .....

[Klause]

I agree furrow. Had a young guy hired... 22 bucks an hour fuel card and all meals.


Didn't show up when he was supposed to... always had parties to go to or something to do... wanted may long weekend off

On top of that kept forgetting the park brake set the tractor on fire twice... couldn't put him on a rock picker cause he'd get bored and wouldn't do a decent job. Couldn't put him on a cultivator cause he kept breaking shanks turning tight corners with it in the dirt
Couldn't tell him anything cause he figured he was smarter.

[sumdumguy]

Hired help - some are irreplaceable, some need a pink slip. We have seen a variety, but the local boys were the irreplaceable ones.

[AllisWD45]

Ya Klaus around here they refer to that type of guy as 20 years old 30 years experience

[hobbyfrmr]

My helper is 65 yrs old, farmed all his life. He can operate everything, knows when its broken and he can fix it better than I can. He seems to know the next task more than I do. He provides very high value to this farm. He only wants tractor time and about 6-8 hours a day. I dont run a high demand operation so he likes it. Any in field observations/problems/catastrophic failures are discussed but his most common insight is a joking "thats your problem!" The extra revenue is for walking around money, usually he earns enough to go on a couple of winter vacations and he does not have to take from his own assets/equity.
Every season he hints at not working as much so I have been training the oldest girls to cultivate and harrow.

[cottonpicken]

I gave up trying to find help it was always two steps forward three back sure hate being by myself miss the good ol days with brother and grandad who where/are better men then me