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    #16
    Originally posted by jazz View Post
    I've learned that when you panic, you make rash decisions. Patience pays in this business IMO.
    You are correct. Dumping into the harvest happy hour is a practice of desperation. However if you factor in cost of storage, possible storage loss, plowing snow, drying, and babysitting tough canola; it makes even an extra dollar a bushel a hard fought battle. Not discounting your point but all the extra effort can be in vain sometimes.

    Comment


      #17
      Originally posted by Richard5 View Post
      Klause, what's your strategy, just curious? Sitting tight here, will freeze up tough canola with air and hold till I can get $11.25 or so.

      You seem to post very interesting things, often leading edge from other countries. Your farm must do very well and your parents must be very proud.
      This deserves a far longer response... But no 2016 caused us a lot of grief. Lost half the crop and crop insurance was useless...

      We bought into the ag more than ever and Canada is the best place for ag bullshit and spend spend spend to grow a crop. I regret doing that but every experience in life makes you wiser.

      The thing that bugs me the most is I knew this info in the back of my head but just chose to ignore it at the time.


      We are doing quite drastic changes... Because conventional production ag, working for "ag industry" is a zero sum game imho.

      Most profitable.crop on the farm?
      Gone 3 weeks ago for $11. Ran 25-30 straight cut it, grew it on the N from the prior pea crop added p and s. Applied some edge. No in crop spray.

      Cost $176/acre to grow grossed $300.

      It's not about growing the highest yield. It's about growing highest profit. Another lesson I wish I had learnt 5 or 10 years ago.

      Click image for larger version

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      So yeah I share the information I do in the hopes of others not falling into the same traps.

      I believe understanding our competitors and their advantages / hindrances is important. We can't believe were the best because that complacency ruins our business, our industry, and our country.

      I see major clouds on the horizon and want to be mobile... have a family to think about and want what's best for them too.

      I count myself fortunate that learning comes easy, and that my parents taught me to question everything at all times and be flexible... and I've had the opportunity to gain many skills and knowledge in diverse fields quickly.

      Farming is my love second to my family, but there's neat things one can do to put food on the table and build equity... And I believe there's also lots of texh ology that hasn't been thought of invented or brought to market... Which is one of the fields I'm very excited to be involved in... It's also where knowledge of other countries agriculture industries comes in.

      Still want to change the world, hoping the stuff I'm working on will eventually save lives and help feed millions.


      Anyway enough of a rant. My turn to dump again.

      Comment


        #18
        Originally posted by Klause View Post
        This deserves a far longer response... But no 2016 caused us a lot of grief. Lost half the crop and crop insurance was useless...

        We bought into the ag more than ever and Canada is the best place for ag bullshit and spend spend spend to grow a crop. I regret doing that but every experience in life makes you wiser.

        The thing that bugs me the most is I knew this info in the back of my head but just chose to ignore it at the time.


        We are doing quite drastic changes... Because conventional production ag, working for "ag industry" is a zero sum game imho.

        Most profitable.crop on the farm?
        Gone 3 weeks ago for $11. Ran 25-30 straight cut it, grew it on the N from the prior pea crop added p and s. Applied some edge. No in crop spray.

        Cost $176/acre to grow grossed $300.

        It's not about growing the highest yield. It's about growing highest profit. Another lesson I wish I had learnt 5 or 10 years ago.

        [ATTACH]3467[/ATTACH]

        So yeah I share the information I do in the hopes of others not falling into the same traps.

        I believe understanding our competitors and their advantages / hindrances is important. We can't believe were the best because that complacency ruins our business, our industry, and our country.

        I see major clouds on the horizon and want to be mobile... have a family to think about and want what's best for them too.

        I count myself fortunate that learning comes easy, and that my parents taught me to question everything at all times and be flexible... and I've had the opportunity to gain many skills and knowledge in diverse fields quickly.

        Farming is my love second to my family, but there's neat things one can do to put food on the table and build equity... And I believe there's also lots of texh ology that hasn't been thought of invented or brought to market... Which is one of the fields I'm very excited to be involved in... It's also where knowledge of other countries agriculture industries comes in.

        Still want to change the world, hoping the stuff I'm working on will eventually save lives and help feed millions.


        Anyway enough of a rant. My turn to dump again.
        Out of the box independent thinkers like you are what we need more of in the industry. Too many of us sheople buy into the status quo because quite honestly it’s easy and safe and we’re for lack of a better word lazy to do something different. It’s a lot of work and headache sometimes to do something different and once everyone else jumps on it’s not worth it so you gotta do something else. I know all about it. You can’t get too comfortable and many don’t like that.

        Comment


          #19
          Which terminal is buying 13% canola for dry???????

          Comment


            #20
            Originally posted by the big wheel View Post
            Which terminal is buying 13% canola for dry???????

            This one.Click image for larger version

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ID:	766775

            Comment


              #21
              Love this post Klause!!

              Originally posted by Klause View Post
              This deserves a far longer response... But no 2016 caused us a lot of grief. Lost half the crop and crop insurance was useless...

              We bought into the ag more than ever and Canada is the best place for ag bullshit and spend spend spend to grow a crop. I regret doing that but every experience in life makes you wiser.

              The thing that bugs me the most is I knew this info in the back of my head but just chose to ignore it at the time.


              We are doing quite drastic changes... Because conventional production ag, working for "ag industry" is a zero sum game imho.

              Most profitable.crop on the farm?
              Gone 3 weeks ago for $11. Ran 25-30 straight cut it, grew it on the N from the prior pea crop added p and s. Applied some edge. No in crop spray.

              Cost $176/acre to grow grossed $300.

              It's not about growing the highest yield. It's about growing highest profit. Another lesson I wish I had learnt 5 or 10 years ago.

              [ATTACH]3467[/ATTACH]

              So yeah I share the information I do in the hopes of others not falling into the same traps.

              I believe understanding our competitors and their advantages / hindrances is important. We can't believe were the best because that complacency ruins our business, our industry, and our country.

              I see major clouds on the horizon and want to be mobile... have a family to think about and want what's best for them too.

              I count myself fortunate that learning comes easy, and that my parents taught me to question everything at all times and be flexible... and I've had the opportunity to gain many skills and knowledge in diverse fields quickly.

              Farming is my love second to my family, but there's neat things one can do to put food on the table and build equity... And I believe there's also lots of texh ology that hasn't been thought of invented or brought to market... Which is one of the fields I'm very excited to be involved in... It's also where knowledge of other countries agriculture industries comes in.

              Still want to change the world, hoping the stuff I'm working on will eventually save lives and help feed millions.


              Anyway enough of a rant. My turn to dump again.

              Comment


                #22
                Originally posted by the big wheel View Post
                Which terminal is buying 13% canola for dry???????
                I heard NWT is as well.

                Comment


                  #23
                  Originally posted by the big wheel View Post
                  Which terminal is buying 13% canola for dry???????
                  "Buying" for dry? Maybe there is drying charges and shrinkage loss charges? Or the spread is wide enough its getting blended out...gotta fill some trains some places and better to get it in and blend it even if the drier never gets fired up at the terminal. Better than demmurage? But when all the dry stocks in the terminals get blended off and not replaced....then what? People(producers) aren't going to wait...given the amount of acres to take off and the calender date.

                  The Terminals may be willing to help where they can but nobody operates a drier for nothing. You can't so why should they...their investment/equipment.

                  The scary part is there may not be alot of farm delivered dry terminal stocks to blend with later.

                  Comment


                    #24
                    Originally posted by farmaholic View Post
                    "Buying" for dry? Maybe there is drying charges and shrinkage loss charges? Or the spread is wide enough its getting blended out...gotta fill some trains some places and better to get it in and blend it even if the drier never gets fired up at the terminal. Better than demmurage? But when all the dry stocks in the terminals get blended off and not replaced....then what? People(producers) aren't going to wait...given the amount of acres to take off and the calender date.

                    The Terminals may be willing to help where they can but nobody operates a drier for nothing. You can't so why should they...their investment/equipment.

                    The scary part is there may not be alot of farm delivered dry terminal stocks to blend with later.
                    NWT upgraded their dryer to a 3500 bu/hr machine. Harvest progress was probably around 15%, and I think they were trying to entice grain from outlying areas and locals to take it tougher than they might. Suspect they have trains to fill.

                    Comment


                      #25
                      Originally posted by the big wheel View Post
                      Which terminal is buying 13% canola for dry???????
                      they're doing it here for $2 /mt , trouble with that is the $10.50 spot price , plus shrink .

                      Comment


                        #26
                        nothing is for free ,drying or anything else .
                        maybe a good thing the old dryer burnt . in the long run.
                        considering this year
                        sucked here for sure . my plan was no problem for all my wet soft white .
                        then they burnt the dryer,

                        Comment


                          #27
                          Originally posted by caseih View Post
                          they're doing it here for $2 /mt , trouble with that is the $10.50 spot price , plus shrink .
                          Who is drying for $2.00/mt? P&H in Tisdale 13.5%- dry $30/mt, 12-dry $20/mt, 11-dry $10/mt

                          Comment


                            #28
                            Originally posted by Misterjade9 View Post
                            Who is drying for $2.00/mt? P&H in Tisdale 13.5%- dry $30/mt, 12-dry $20/mt, 11-dry $10/mt
                            Pioneer was about a week and a half ago . That has probably changed , not sure . We have our own dryer so havent followed it but guys here said they were drying for $2 mt

                            Comment


                              #29
                              Originally posted by caseih View Post
                              Pioneer was about a week and a half ago . That has probably changed , not sure . We have our own dryer so havent followed it but guys here said they were drying for $2 mt
                              Was the drier actually running or was it blending with dry stocks? Not that it matters but for two bucks a tonne?

                              Comment

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