Well some of the experts are talking up the market here with a plethora of reasons none really wash with me straw clutching.
Some how supplies have to be reduced be it through drought or farmers planting less and responding to market signals. To me its as simple as that reduce stocks and or supplies. And deflationry pressures as well.
Guess im talking wheat and barley mostly.
Canola seems a ok but presume many will increase plantings.
So here on my patch as you know im going back farming on my own and scaling back acres from the bto situation i was in.
6 to 8000 acres crop hopefully secure some ewes "female sheep" to get sheep numbers up to 2000 ewes.
Sheep currently on a gross margin basis beat a 2t ha feed barley or 1.5t ha wheat crop.
Son is coming home from school part time in what is called a "school based apprenticeship " basically he will do welding some metal working mechanics etc etc whilst at school with only reading writing and arithmatic only subjects studied. School 3 days a week.
One workman from previous operation has followed me, a unique chap and you guys might have them, is basically illiterate struggles to read and write but boy oh boy is he the worlds best mechanic, just likes to be treated with respect and not used.
Anyway got derailed currently fowards in canola $505 which is ok when oil added, wheat fowards poor $220 and feed barley around $200 which isnt to shabby.
A lanina weather pattern is looking a very strong chance which means a better wetter year for us or at least average but not so for norther hemisphere? Its bad for you guys right?
If you wondering each breeding merino ewe cuts around $80 to 100 of wool and produces a $130 lamb which also has some wool as well $15.
So back to a easier life for me not stress free but no hustle and bustle relentless work load.
Ah now the machinery side have to buy a whole farming plant 2nd hand of course but thats another thread or may be added here if enough interest in this dumb arse aussie.
Happy new years all stay warm or cool which ever part of the globe your from
Some how supplies have to be reduced be it through drought or farmers planting less and responding to market signals. To me its as simple as that reduce stocks and or supplies. And deflationry pressures as well.
Guess im talking wheat and barley mostly.
Canola seems a ok but presume many will increase plantings.
So here on my patch as you know im going back farming on my own and scaling back acres from the bto situation i was in.
6 to 8000 acres crop hopefully secure some ewes "female sheep" to get sheep numbers up to 2000 ewes.
Sheep currently on a gross margin basis beat a 2t ha feed barley or 1.5t ha wheat crop.
Son is coming home from school part time in what is called a "school based apprenticeship " basically he will do welding some metal working mechanics etc etc whilst at school with only reading writing and arithmatic only subjects studied. School 3 days a week.
One workman from previous operation has followed me, a unique chap and you guys might have them, is basically illiterate struggles to read and write but boy oh boy is he the worlds best mechanic, just likes to be treated with respect and not used.
Anyway got derailed currently fowards in canola $505 which is ok when oil added, wheat fowards poor $220 and feed barley around $200 which isnt to shabby.
A lanina weather pattern is looking a very strong chance which means a better wetter year for us or at least average but not so for norther hemisphere? Its bad for you guys right?
If you wondering each breeding merino ewe cuts around $80 to 100 of wool and produces a $130 lamb which also has some wool as well $15.
So back to a easier life for me not stress free but no hustle and bustle relentless work load.
Ah now the machinery side have to buy a whole farming plant 2nd hand of course but thats another thread or may be added here if enough interest in this dumb arse aussie.
Happy new years all stay warm or cool which ever part of the globe your from
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