Its a whole new World!

[Cattleman]

Is this a new record? Only January 6th and we are throwing in the towel on the year? lol

Things looking pretty good. Cattle prices down, but still historically strong, lots of interest for 2016 hay sales, and put in a few acres of grain. I probably don't have a 1/10th of the wealth of SF3, but on my pint sized, low over head farm, life is great! Lots of opportunity out there if you have the right perspective. All the best to everyone in 2016!

[ajl]

Where was 7.50 available for 2016 wheat? Durum maybe but wheat I doubt it. Seen HRS around 6.50 in central AB area but that is a long way from 7.50. Canola could be locked in at around 11 a few weeks ago and that is not a bad start. Cost on rented land is also very near 11 with average yield but hopefully this is my year for a lucky yield. Conditions are good right now. Many did get surprisingly good yields due to a lucky May rain but others didn't and that affect outlook. Mind you the lucky think those that had half a crop due to drought are poor farmers but that is always the case and you are welcome to your opinion.

[Hopalong]

Admit way of life part appealed to me through my farming years, especially the earlier ones.
Some regret over the times when it was allowed to over shadow business decisions but, overall, think it had fairly good balance.
Have seen times change to where business part has become more and more important to keep a farm going into the future.
Agree that, for those who like it and treat it as a business, the future looks great.

[furrowtickler]

I would like to know about this $7.50 wheat as well ?? Both on old crop and 2016. Is that loaded rail car U.S. bound ??

[stonepicker]

Futures market!!

[SASKFARMER3]

never was anything close to $7.50 so were was this magic price.

[stonepicker]

Well i guess you never looked at last year's futures prices did you?

[SASKFARMER3]

7.50 minus a basis of what a 1.20 so it's 6.30 correct

[stonepicker]

no, not correct. I'm surprised more people don't subscribe to some of the marketing analysts ( companies that give recommendations on when to sell ) like anybody, they're not always right but they give you marketing expertise imo.

[newguy]

I agree with you Cattleman. Lets hope the 2016 whine is red so it can go with red meat.

[hobbyfrmr]

New crop Jan 2017 organic oats are $7.50 FOB farm. They may have filled up but its worth a phone call.
Grain Millers

[wakopa]

this is my lowest year for wheat since the year the cwb couldnt give my wheat away.usually im over 8 dollars in my pocket and i dont deal with marketing analysts.