Freewheat
This isn't just one bad year.
This is a series of bad years.
2010 was wet - 36 inches of rain.
2011 thru 2014 was in between wet and getting stuck trying to get back on track.
2015 with a dryer basis was to get it back fully. Pretty close I think I got 90 percent seeded again. I told the guy I buy my inputs from if I can average 25 bpa across the board I would be pretty happy considering what I was seeing at the time. I am still losing 25 bpa because my farm will be close to a zero. At 25 bpa I am inputting what my crop insurance covers at the level I chose. So I am guaranteed about 18 bpa because I am on stubble and my average with too wet hasn't increased with crop insurance using a 10 year average.
25 bpa is a pipe dream now. And I really don't want 5 bpa either. It just adds more expense.
But the ground essentially didn't start this year. A reasonable input level was used and it didn't rain. And the guys that got it started are not any further ahead - their crops are baking in the heat and dry.
I think you should look at what happens if this was a normal crop and what your returns would have looked like by now if we were staring down a 20 mmt potential canola crop. Think of the money you would be out had that happened.
I am happy for your potential for this year you deserve it. But realize if everyone produced a crop like in 2013 this year things wouldn't look so rosy for you either.
This drought is so widespread if it gets ignored a whole lot of change will happen. And the experiment may not be to your liking.
Because it means another consolidation to bigger farms and those guys will be guaranteed government support just like the evraz potash gm ford bombardier of the world therefore making your farm either a target or left out.
Don't be quick to destroy your neighbors, the next ones might not be better.
This isn't just one bad year.
This is a series of bad years.
2010 was wet - 36 inches of rain.
2011 thru 2014 was in between wet and getting stuck trying to get back on track.
2015 with a dryer basis was to get it back fully. Pretty close I think I got 90 percent seeded again. I told the guy I buy my inputs from if I can average 25 bpa across the board I would be pretty happy considering what I was seeing at the time. I am still losing 25 bpa because my farm will be close to a zero. At 25 bpa I am inputting what my crop insurance covers at the level I chose. So I am guaranteed about 18 bpa because I am on stubble and my average with too wet hasn't increased with crop insurance using a 10 year average.
25 bpa is a pipe dream now. And I really don't want 5 bpa either. It just adds more expense.
But the ground essentially didn't start this year. A reasonable input level was used and it didn't rain. And the guys that got it started are not any further ahead - their crops are baking in the heat and dry.
I think you should look at what happens if this was a normal crop and what your returns would have looked like by now if we were staring down a 20 mmt potential canola crop. Think of the money you would be out had that happened.
I am happy for your potential for this year you deserve it. But realize if everyone produced a crop like in 2013 this year things wouldn't look so rosy for you either.
This drought is so widespread if it gets ignored a whole lot of change will happen. And the experiment may not be to your liking.
Because it means another consolidation to bigger farms and those guys will be guaranteed government support just like the evraz potash gm ford bombardier of the world therefore making your farm either a target or left out.
Don't be quick to destroy your neighbors, the next ones might not be better.
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