I really don't post on here that often unless something really catches my attention and this CPS (kansas) rally certainly has.
I read last night where the price of wheat on the kansas exchange in the last 30 years has been lower than where we are 94-95 percent of the time only 5-6 percent have we been higher.
Where we farm CPS doesn't outyield CWRS by any great margin except under irrigation, last year with the amount of rain it would have but normally no.
However for those that do see a yield advantage or like the fact the grading is easier on the CPS I sure hope with the price situation they are looking real hard at this. Especially with the outlook for other grains the next year not being great.
To say it of course is one thing to do it is another, On our farm we've changed some acres around and dropped some canola and will replace the acres under irrigation with a circle of CPS this year. The first year in 5 that I will be growing CPS again.
I locked the futures in on 60 percent of the expected yield at 10 pm last night.
Have a good day all.
I read last night where the price of wheat on the kansas exchange in the last 30 years has been lower than where we are 94-95 percent of the time only 5-6 percent have we been higher.
Where we farm CPS doesn't outyield CWRS by any great margin except under irrigation, last year with the amount of rain it would have but normally no.
However for those that do see a yield advantage or like the fact the grading is easier on the CPS I sure hope with the price situation they are looking real hard at this. Especially with the outlook for other grains the next year not being great.
To say it of course is one thing to do it is another, On our farm we've changed some acres around and dropped some canola and will replace the acres under irrigation with a circle of CPS this year. The first year in 5 that I will be growing CPS again.
I locked the futures in on 60 percent of the expected yield at 10 pm last night.
Have a good day all.
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