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The Great Grain Robbery part 2

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    #46
    Or Jazz
    Did the market and exporters see the collective yield monitors, and then determined it was a buy opportunity, much lower yields than anticipated or reported ( buy as much as they can, China, Canadian exporters etc) catching the supply side of the market with its pants down. They had a 30 to 90 day market advantage in the information/internet world, that is a long time compared to milliseconds

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      #47
      Wouldn’t it be nice to have a how to, (maybe by canola growers Assn) “How to deliver, step by step guide for delivery against futures, where, how, who, costs etc”.

      That is part of the solution, but reporting is the huge missing piece of info.

      Or do they d
      Just serve the marketing, and agronomics pieces, leaving out price discovery?
      Last edited by Rareearth; Jan 30, 2021, 07:15.

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        #48
        Very good thread here
        Good discussions , and there is a reason why .
        Informative from all sides here.

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          #49
          Originally posted by furrowtickler View Post
          Very good thread here
          Good discussions , and there is a reason why .
          Informative from all sides here.
          Watching RDTV on satellite.. 2.1mmt yesterday morning Corn to China... over 6mmt last week;

          Soy/Corn being short sold by China?... 5.50$corn 50lb = 60lb wheat... not = to 6.50$ that is below feed price...

          US will run out of both soy and corn before next harvest at this rate of exports and domestic use... USDA way out on numbers...

          Crazy times ahead...

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            #50
            It all just never added up. We were told Big Canola crops and yet 60 was maybe the best and yet the average prov wide was less than 40. Crop insurance would be a good way of knowing their end of year yield totals.

            Then the Fed kept the practice of Big canola crop and carry.

            Finally, last year was the final straw. Over half the prairies needed one more late-season rain and it didn't happen. Top pods didn't fill and guess what yield was way down.

            But add in all the overproduction estimates and now no product and were in the situation we have today.

            Being told last summer it was a bin burner all the way across the prairies was total bullshit.

            Call it what it was B U L L S H I T

            Throw in some China problems

            Throw in South America Problems.

            The Great Grain Robbery was known.

            Here are some fun facts as I had a meeting with my Deere Girl on the Data from the S790s with the yield on the go and then realigned yield with the scale on the cart.

            I found out combine three was the most productive and saved the most fuel used. Combine one was the fastest and burnt more fuel and less productive. Two was about in the middle. It was all about speed of harvest but the data shows Gal per acre of use idle time peak time etc etc. Massive amount of data. Also with a push of a button, I have my total yield for Canola, Wheat, Peas, and barley, and guess what after we recalibrate with the scale we have a bang on the number.

            This is just one stupid farmer looking at his own farm. Have a computer program looking at all farms with the same system and guess what you can get the yield down to a real solid number province-wide or STate wide or country. No more Bullshit. This information would be worth Billions.

            If you think for one moment that the info from every new combine isn't sold to some company to show them what actually happened.

            So stats Can and AG can with a sat look at all the other info. Throw in the new stuff that's out there that fits all harvest combines and planters. and you have even better data yet.

            Your being played farmers.

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              #51
              Originally posted by jazz View Post
              I treat storage as a sunk cost, sort of like your combine sitting in the shed all winter. We have enough on our farm to hold an entire yr and its all be paid for 10 yrs ago.

              Growing up dad never sold a bushel off the combine cause he had other income to to hold him over until the new year. I remember him selling old crop last few days in July on the old PROs because they would always be lower for August. Maybe that where my marketing strategy came from.

              Note we arent looking for big gains from this but typically you can get 50-75c a bushel on most crops pretty easy. Makes a difference on our place.
              Your dad delivered in July....chances are the contract was signed long before that...and I think you had to deliver on that contract according to acceptance levels ....because if you tried to push it into the new year without filling your previous years contract they would look into it.

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                #52
                Originally posted by SASKFARMER View Post
                Your being played farmers.
                Cant the wifi in those machines be disabled? So you get the data but nobody else does?

                That would be the first thing I would be asking the service dept.

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                  #53
                  Sk3


                  Tweety was posting about yield information off combines being sold a couple of years ago on here.

                  He knew this was happening and warned us.

                  Tech information doesn't keep secrets, it's out there for everyone, grain companies included.

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                    #54
                    1. Calibrate yield monitor
                    2. Reset yield monitor to be out by any factor you want
                    3. Write down factor on a piece of paper
                    4. After harvest take out dollar store calculator and use to retrieve actual yield data

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                      #55
                      Originally posted by farming101 View Post
                      1. Calibrate yield monitor
                      2. Reset yield monitor to be out by any factor you want
                      3. Write down factor on a piece of paper
                      4. After harvest take out dollar store calculator and use to retrieve actual yield data
                      Or use the elevator scale to determine real yields and smile on the way home with a cheque because thats all that matters at the end of the day...

                      Once i got comfortable combining and bored ...I would change the width of my header on the screen and send the pictures to the neighbours....then wait a few days....

                      Technology is only as smart as what it is programmed into it....garbage in garbage out...

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