Originally posted by ajl
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Stats Canada Seeding Intentions vs Farmers!
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Originally posted by Hamloc View PostIf you look at potential prices is anyone surprised? All of our costs are pushing farmers to a wheat- canola rotation. I finally had enough of the malt barley game and I grow a little bit of yellow peas, usually close to my most profitable crop, but I don't intend to increase the acres. If that much canola is planted prices will definitely decrease. I am glad I still have the cows.
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I think the market does realize guys will seed a few more acres of Canola and they know our bins are getting empty. Thats why the price rose to July Again and dropped in Fall.
Keep feeding them with product and they will take it from you.
I believe 12 is possible for the remainder if we have a Canola scare in May and harvest of last falls crops don't give them what they were looking for and those acres don't get seeded.
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