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NOV 2022 Canola

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    #13
    Just sold 5 bu/ac for next year on cnl a little on oats... I will still be able to sleep at night even with things on the dry side.

    These prices are Amazing and will offset some costs for 2022.

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      #14
      Originally posted by caseih View Post
      not sure if you have ever done it , but it is a real kick in the nuts
      using crop ins to pay off contracts
      Had the pleasure this year with wheat and Barley. Won't forgot this lesson. Also won't forget the elevators that were rolling contracts for some and those that weren't. Does this solve all the issues? No, but it sure helps. Much like the lessons learned over the years with grade, falling number BS and delivery date, seem to cycle through all the elevators eventually. Have a hard time not to hedge a few bushels off the combine with $10 Wheat and $19 Canola out there with input prices being so high. Will I regret having to buy out 2-5bu if I get no crop? Yes. Will I regret it if the price doubles? Yes. Would be nice to wait until July and we knows there's a crop, but will the price still be there? If China decides to do something crazy could the price plummet? The beauty of free trade is we can all decide different ways. Either way its a gamble, and the gamble seems to be getting harder and harder to make, but there's plenty of other jobs for me that don't depend so much on the weather if I wanted. Just one way of thinking about it, after all this is a forum to share and learn different perspectives even if some of us get sidetracked at times.

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        #15
        With the tons of snow we are getting , will the markets see this a a good crop
        Potential soon?
        What ever..we all in different situations..Freedom to make our own choices...

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          #16
          Originally posted by Partners View Post
          With the tons of snow we are getting , will the markets see this a a good crop
          Potential soon?
          What ever..we all in different situations..Freedom to make our own choices...
          Most likely, they use any excuse they can to lower bids.

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            #17
            Originally posted by Partners View Post
            With the tons of snow we are getting , will the markets see this a a good crop
            Potential soon?
            What ever..we all in different situations..Freedom to make our own choices...
            We lost most of our snow in the recent Chinook. From what I hear that applies to much of southern and western AB.

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              #18
              There is not that much snow ,yet in mid west sask. Here just wind moving it around.

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                #19
                Originally posted by Partners View Post
                With the tons of snow we are getting , will the markets see this a a good crop
                Potential soon?
                What ever..we all in different situations..Freedom to make our own choices...
                Snow here is half way to Inuvik.

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                  #20
                  Most fields in the Peace are bare. Ditches and the seasonal drainage through my bush quarter were running last week.

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                    #21
                    Very little snow in east central ab /stettler east not locking anything in.

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                      #22
                      Originally posted by Oliver88 View Post
                      I think this is a better option (no pun intended) than a production contract. Lots of expensive lessons were learned in 2021.

                      Grain companies should be offering AOG contracts for commodity canola similar to specialty canola already does. They will if farmers refuse to sign production contracts without Act of God clause.
                      that was the point i was trying to make

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                        #23
                        Lots of snow around Saskatoon all the way to Regina but I think this storm was mostly a blow-hard around here. Not much substance.

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                          #24
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                          Never stops here
                          Another 4-5” with 70 mph wind
                          Pushin snow full time job here
                          most roads blocked

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