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Bumper Canola Crop

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    #11
    Originally posted by caseih View Post
    and all the while all the farmers knew in the middle of july after the heat wave and no rain

    tweety is right on how fk-n stupid we are
    I can only surmise the reason why as many farmers fall prey to marketing disinformation and have no patience to see they marketing year play out, is there are so many of them stretched for cash flow. Its become sort of a cash churn business now.

    They just have to sell, no matter the price. Rental payments, no equity and rolling leases coming due all the time. Many of my BTO neighbors are filling and emptying bags at the same time at harvest.

    Any BTO should be able to get a couple million dollar line of credit shouldnt they? Park expenses for 6 months. I mean interest rates are 2.5%. Thats peanuts to service until spring.

    Then there is another group working to take leverage over the market where they can. I was on some guys farm this summer who had been storing durum for 5 yrs. tax problem? maybe.

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      #12
      CEBA has zero interest and a 33% grant at the end currently...

      Why doesnt cash advances have at least a zero interest rate....and then a grant at the end ...and a two year term???????????

      Maybe the rocket scientists disguised as farm representatives missed those announcements about CEBA....maybe didn't notice how quickly they were set up....

      Politicians have been arguing about agristabilty for years and any adhoc takes months...

      Comment


        #13
        The question Growers don’t ask often enough or at all, crop inputs( new products, export sales etc)
        “Show me the data”
        real data, verifiable, Third party, western canada, CGC, etc

        Comment


          #14
          Originally posted by farming101 View Post
          Farm yield here this year was just under 92% of 2019
          average around here i bet is 75-80%, and probably 60-70% of 2013 , the last true bumper
          and this is canola country
          Last edited by Guest; Nov 23, 2020, 13:16.

          Comment


            #15
            Originally posted by blackpowder View Post
            There is a boots on the ground wheat tour in the US. Can't be hard.
            less than bumper crop is not permitted in the news until after the fact

            Comment


              #16
              I agree when I did the summer tour from Weyburn to Regina over to Yorkton kamsack Wadena north to PA melfort down to Saskatoon Davidson Regina over to Rosetown down to swift and Moosejaw and home. Covers the province said it was average at best. Now 35 is needed.

              But the big dog kept telling every broadcast its a huge crop on Yorkton radio. Even after the combines rolled.

              He is so full of shit it's not even funny.

              Those who sign up deserve to get shitty info.

              Comment


                #17
                Will canola hit $14 by the end of the week?

                Comment


                  #18
                  BUT the new expensive varieties always yield more than they look from the road.Atleast the neighbors say so.
                  LOL...

                  Comment


                    #19
                    Originally posted by Partners View Post
                    BUT the new expensive varieties always yield more than they look from the road.Atleast the neighbors say so.
                    LOL...
                    Putting a variety and breeder sign up adds 10 bushels per acre!!!!!!!!!!!

                    Free fųcken advertising......where's tweety when you need him.

                    Comment


                      #20
                      The whole media system is phucked. There are no journalists anymore that tell the story only the story they are told to tell. Just look at the American election. Only an agenda not the facts. And it’s on both sides. They are only there to confuse the people that can’t think or fact check or ground check for themselves. It’s a sad world when people are easily bought off to believe what the media tells them and they take it as gospel. 99% of the people in this world could give two shits what the canola crop is like as long as the canola oil is on the shelf at the grocery store. Our job is to produce cheap food so the rest can spend their money on other things and that doesn’t happen if the buyers gotta pay more for those little black seeds.

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