I like your stand-up routine Hopalong, too funny.
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Lots of pastuer, faller and prosper acres in s.mb, farmers have given up on hrs, the premiums arent worth the risk given lower yields on hrs. Graincos want volume, not quality. This is further pushing our capacity problems.
Also, Hrw bids less than feed wheat bids currently.
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Fair comments, but did anyone but the farmer build additional capacity to handle higher volumes?
So the graincos got volumes reduced the price and farmers built grain bins for the eventuality of lower prices.
Brilliant.
And now who does canada compete with for high quality - no one because we lowered our standards to compete against the black Sea market.
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Re building capacity, I hate building bins (try to avoid investing in things that rust or rot). But, extra bins, having storage capacity on farm gives me control. Of course financing and cash flow becomes an issue, but if the market is paying me to store the grain, I want the ability to do it.
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