As you stated, nothing will be good for 2020. Big Hemp conference planned for the county here. Farmers have to buy there own lunch for this one. It is likely that that will put hemp production into the red for most. Still a niche crop after 20 years and not likely going anywhere anytime soon.
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Fun week in Grain Markets Down down and down. What looks good for 2020. Nothing?
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I think farmers are looking at all options and it will be based on what’s going on in the spring. If it’s hot and dry that will change crops.
If it’s cold that will change crops
If it’s wet that will change crops
Harvest of 2019 crops long or short into spring
So yea let the games begin it’s 90 days away for me for seeding start day.
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U shud be focusing on getting last years done first!
Plant nothing and see what the response is by the parasites!
Oil won’t pay all the bills for CN and CP
Seed companies will be shitting their pants
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I plan to seed lots of canola again but I can also return the seed. Last year being what it was if I were to go through another one I’d rather be dealing with straight cut cereals than picking canola swaths. These newer varieties don’t compare for drydown like the older ones. Price you pay for higher yield. With seed price so high, poor price prospects, and average type yields I don’t know how it pencils for guys paying average rents and running decent iron let alone guys in the higher cost bracket. Sad when a 30bu crop is a near crop failure today. 14 years ago I remember averaging 33 bushels and thinking I did alright. If we ever go back to a dry bias like we had through the 90’s god forbid.
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Originally posted by WiltonRanch View PostThese newer varieties don’t compare for drydown like the older ones. Price you pay for higher yield.
And the cost to dry this down a couple points every year on your own means a drier and a pricey nat gas hook up along with the carbon tax. The guys custom drying around me are plugged with hundreds of thousands of bushels. I can get wheat or lentils from 16 to 14 and sit on it easier than I can get canola from 13 to 9 and watch bins all winter. I am out.
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