Canola Seed

[bigzee]

Talked with a friend today, told me anyone who he knows have made the phone call "cancel my seed". How many have heard this, or have made the call yourselves?? Sure prices have dropped, but I can't predict where prices are headed 8 months from now. Sure hope the ones that have cancelled aren't planning on growing more pulses. Those prices are likely headed to the toilet.

[farmaholic]

We will still be seeding granola.

Dropped off a couple of seed samples for testing at the seed lab....guess what he told me. Lentils, lentils, lentils, lentils, lentils, lentils, lentils, lentils, lentils, lentils.....and more lentils.

Oh yeah, did I say he tested an unbelievable amount of lentils.

LENTILS...

[Klause]

33 cent aog on lentils 10 and 10.50 pea contracts and doubling down on canola with no production sold


More hard red wheat and oats less barley.

[ajl]

Hoping that there is so many peas and lentils in the ground that the canola price goes up. Getting significant precipitation around Edmonton for the first time in about 2 months so conditions are good for production this spring.

[bigzee]

Klause where are yellow peas $10.50 new crop? I've searched around a lot and can't get any numbers like they!!

[Guest]

I am only able to find $9-9.25/bu yellow peas. Where are the $10 bids at Klause?? Looked at weather networks spring forecast, looks dry for alberta and southwest sask. There should be the potential for price rallies just have to watch for the opportunities.

[biglentil]

This warm weather we are having is breaking the heatwave records set in 87. The year of India's mega drought. The lentil acres may be massive but prices may hold somewhat.

[ado089]

Maybe I'm a dummy but I have, hopefully, something along the lines of a third of my expected crop locked in for next year and it has me in black ink except for barley. Canola is not one of those crops. For the amount it need to go up from here to make it worth the risk you're better off growing it on paper and buying Nov calls. That only costs $25/ac and if we see $550 again you triple your money.

[biglentil]

I like it ado, no doubt canola acres will be way down with the soft prices,acres going over to pulses and even some over to yellow mustard. I also think the carry over from 2015 is exaggerated.

[Klause]

We have contracts at cargil clavet g3 colonsay and viterra muenster at those pea prices for new crop

[farmaholic]

It might be safe to say contract higsh may be in for now.

I wonder how nervous buyers will become if there is widespread dryness in a large part of the Prairies this spring and early summer?

[furrowtickler]

Canola acres were projected to be up 1-2 mill. Might end up about the same as last year.
Canola in this area still beats hrsw net by a lot.
Yellow pea acres will be up 30-40% , green peas down.
Staying the course here, just focus on production and watch crop and weather as we go through June / July .
Farmers are notoriously 1 year behind.
Yellow peas were $10 plus for fall - back in Jan , all over. That was a huge opertunity along with the early guys on lentils. The slide will continue till fall unless a drought kicks in full gear.
Going to be an interesting year.

[highwayman]

Canola acres will be down 20% on our farm. Durum acres down 20% as well. 30% of new crop red and large green lentils priced at 40 and 45 cents respectively. First time in years we have prepriced but could not resist those price levels for a portion of expected production. Green lentil market especially is very well supported going forward. Finished old crop green sales at $50/bus recently as that market still has some traction. Moisture conditions in south central sask currently quite good. Recent 4-6 inch wet snowfall should make for decent seeding conditions after heavy rains last fall. Water running on weekend but should be minimal run off so far. Raining this morning

[SASKFARMER3]

Canola acres will be down! Did a big drive since home and basically snow is a non issue! Regina none all way south same west till just swift a little. Same east. Pa has but not like normal and Hudson Bay you can sled but not far off trail.
Lentil acres will be up huge! We have guys seeding north for crop insurance. Idiots priced wrong! Peas are up also but better to do lentils 7.50 crap insurance doesn't work. Yes 10 was out early ok middle! Wheat at 6.50 plus was also!
We can't grow lentils so why grow for crap insurance!
Hrs will be down and down quite a bit!
If the weather pattern doesn't change ouch it's a drought!

[farmaholic]

Re Precipitation.

The same thing I bitched and moaned about last year seems to have happened all winter so far... Systems slipping past of petering out before they get here. Oh woe is me...I might be looking for work and somewhere to live after next fall. I'm an easy keeper...low maintenance!