who contracted new crop?

[Sheepwheat]

Agreed, but thinking grain cos have more sophisticated information and price parameters than Agriville. No trader in a world commodity market hedges based on hear say.
Bragging, sharing, learning, at least it's farmer to farmer.

It’s not really that I think many buyers watch and glean from here, their marketing plans. It’s more just funny. Because I think of commodity ag so differently than I used to when I was in the thick of it. It always was, and always will be a wag as to when to pull the trigger. It was the thing about grain farming other than the weather and delivery failures that drove me nearly around the bend. It literally gave me mental issues. I only recently have come to realize that. Being a price taker, was Just another thing on top of dozens of other things that I had absolutely zero control over. I like to be in control. Lol

I will repeat. You guys who have the balls to tackle this kind of farming have my greatest respect. Because I couldn’t take it anymore, and it takes nerves of steel and a positive mindset, and a lot of good luck to stay sane.

Back to new crop pricing,

I know what each lamb will bring, and I know it will not bring a lower price than last year. I know that next year, it will bring the exact same price as this year, give or take a dollar a lb., if we need to boost our price to match grocery inflation.

[TOM4CWB]

It’s not really that I think many buyers watch and glean from here, their marketing plans. It’s more just funny. Because I think of commodity ag so differently than I used to when I was in the thick of it. It always was, and always will be a wag as to when to pull the trigger. It was the thing about grain farming other than the weather and delivery failures that drove me nearly around the bend. It literally gave me mental issues. I only recently have come to realize that. Being a price taker, was Just another thing on top of dozens of other things that I had absolutely zero control over. I like to be in control. Lol

I will repeat. You guys who have the balls to tackle this kind of farming have my greatest respect. Because I couldn’t take it anymore, and it takes nerves of steel and a positive mindset, and a lot of good luck to stay sane.

Back to new crop pricing,

I know what each lamb will bring, and I know it will not bring a lower price than last year. I know that next year, it will bring the exact same price as this year, give or take a dollar a lb., if we need to boost our price to match grocery inflation.

Sad this morning in the US lamb has dropped now below the year average, as the recession takes hold, disposable income is dropping… and lamb is the first meat dropped and replaced with protein like chicken.

All the more power to you Sheepwheat if you can direct market to long term clients… just like us growing Nexera for Bunge for 20 years… and supplying others with specialty seed for 40 years!

Blessings and Salutations!

Hockley Seed wheat


B1030N RR planted May 15

[furrowtickler]

We did some , and right now wish we could do more . But after last year the buy outs and near zero sub soil moisture just can’t do more .
One local line company was out yesterday, and we directly asked the “what if” ……. zero protection for the grower .
This is a time for us to get it in the bin , good or not , then let them come buy it for the first time in many years if it turns out . Other areas may be different. But here was extremely costly to many farms last fall . The only ones that got burnt were farmers .
The elevators are empty , they need grain bad , just remember that .

[GALAXIE500]

My opinion , but around here nothing is priced until it is in the bin. Living in a dry more often than wet area will do that. I know there are acts of God clauses and all that , but I just prefer to wait until after harvest.

Sure hoping I have something in my bins other than hot air this year!

[jamesb]

As per normal we presell a few bu per acre for movement off the combine. In my parts it can be hard to find delivery spots for cash flow in the fall at times as most trains will be full of presold production. After last year we sold less canola than normal but bought way more put options than normal. They are way in the money at this point. I have to figure out a plan that if I sell the option and take profits I should be ready to price the physical canola to offset it. I doubt prices will get back to this past years highs but as of this week there is no sure crop in a lot of the US and Canada. Wouldn't surprise me at all to see a price rebound of some measure. There is no building of stocks in the world IMO this year. There are lot of places in the US that the crop is quite uncertain. Take a look at the most recent US drought map.

[TOM4CWB]

As per normal we presell a few bu per acre for movement off the combine. In my parts it can be hard to find delivery spots for cash flow in the fall at times as most trains will be full of presold production. After last year we sold less canola than normal but bought way more put options than normal. They are way in the money at this point. I have to figure out a plan that if I sell the option and take profits I should be ready to price the physical canola to offset it. I doubt prices will get back to this past years highs but as of this week there is no sure crop in a lot of the US and Canada. Wouldn't surprise me at all to see a price rebound of some measure. There is no building of stocks in the world IMO this year. There are lot of places in the US that the crop is quite uncertain. Take a look at the most recent US drought map.

Crop Development map;

[furrowtickler]

Shows the definite division north of the north Sask river in our area .
I think very accurate map to what’s going on ground level in areas I have been
The brown areas will expand a lot the next 10 days with just spotty rains forecast

[TOM4CWB]

BTW
Just bought our fuel for fall, has dropped close to 50 cents per litre in past 2 weeks. Took my oil call off.

Blessings and Salutations

[Dr Tone]

My opinion , but around here nothing is priced until it is in the bin. Living in a dry more often than wet area will do that. I know there are acts of God clauses and all that , but I just prefer to wait until after harvest.

Sure hoping I have something in my bins other than hot air this year!

Same here for the opposite reason drowned out way too often to gamble on Mother Nature. In the end last year it made us money, this year it will cost us.

[Sheepwheat]

Shows the definite division north of the north Sask river in our area .
I think very accurate map to what’s going on ground level in areas I have been
The brown areas will expand a lot the next 10 days with just spotty rains forecast

The brown areas will go blue because the growth has been so slow this year. That was from July 2. Ne and ec region was barely filling in the rows. But the last couple weeks, things are lush and green. So I would argue the browns will turn blue and the blues will turn brown.

Now, to get this crop to the bin frost free is a major issue.