Input and crop prices

[Stormin]

This was my last year of farming but for the last two harvests what I did was practically sold the grain right off the combine, luckily I had average yields and the grains graded well so not bad prices but definitely not spring prices. Then I bought Bitcoin and have 4x and 2x my fiat, and spent the winter in Mexico.
Companies are seriously looking at adding Bitcoin to there balance sheets and I have done seriously well by following the big players. Farming give me the lifestyle, Bitcoin made my business prosper.
You have to think how can I make money with what they give me. A super B of oats packaged into 38 gram packages would make you about 1M, but ya ain't gonna get it sellin' to the terminals.

[Old Cowzilla]

Rumors of more downward pressure on soybeans are keeping a lid on any canola rebound so I have been told. Couple of grain co's bringing in corn after Christmas to supply fuel and feed industry. That shuts down at lot of grain buying till spring when they have space again. They don't care how they make money

[Tucker]

Are you really suggesting that farmers dump their grain at what is usually the lowest price of the year and YOLO it all into Bitcoin?? Are you high?

[Hamloc]

Wow have things went wrong in the last two weeks. Received text msg and cnl is back under $13/bu and good wheat is struggling to stay between $7.25-7.50.

Spoke with input supplier and 46-00 was $710, phos $1175, potash $605 and sulfur 610.. take home prices. Things are lining up to not be a very merry Xmas.

Im assuming guys are holding off on grain sales but are any of you booking fert or just hoping prices will solve themselves come spring.

Fertilizer definitely trending upward. End of October I was quoted $685 46-00, $1175 phos, $555 potash, $535 sulfur delivery in early December. I wasn’t impressed but I went ahead and booked it.

Canola seed prices are absolutely disconnected from the market in my opinion. Basf and Dekalb have raised their prices too much in my opinion and Canterra is close behind. I will be going with Pioneer and Croplan varieties. Brevant is also more reasonable with pricing but I didn’t feel the yields were as good with Brevant as with Pioneer and Croplan but it could have been the difference in rain. Lots of neighbours grew Basf around me, their yields were no better but they got to spend more money!! I believe if you buy Basf or Dekalb your simply telling the company go ahead raise your prices and f### me over.

[blackpowder]

Are you really suggesting that farmers dump their grain at what is usually the lowest price of the year and YOLO it all into Bitcoin?? Are you high?

I don't believe that was the intended message at all.

[goalieguy847]

Isnt croplan just 50 lb bags and u gotta pay extra for treatment?
Im at 710/ bag ill pay with buteo on my 902 dekalb.

Im basically same price as last yr.
New 401 was a stupid price tho and gen 1 clubroot! Hahha

[Hamloc]

Isnt croplan just 50 lb bags and u gotta pay extra for treatment?
Im at 710/ bag ill pay with buteo on my 902 dekalb.

Im basically same price as last yr.
New 401 was a stupid price tho and gen 1 clubroot! Hahha

Interesting. Croplan is $665 a bag with Fortenza Advanced. Any quotes I had on Dekalb was with Buteo and Fortenza(not Fortenza advanced)was around $780 a bag. Any retailer I talked to said both Dekalb and BASF were up 5-8%. One neighbour bought L345 with Buteo(no cutworm control)payed $786 a bag. My retailer same product was $800 a bag. I believe the Fortenza added about $50 a bag on top of Buteo. I think Pioneer 511 with Lumiderm is around $715.

[goalieguy847]

Right. But croplan was a dog around here... and 50 lb bags.
pioneer didnt fair to well either. Pioneer always seems to hrow these elephant eared plants but always chewier and same yield as anyone else... from what weve grown anyways.
did u do croplan last yr? How was it?

[Hamloc]

Right. But croplan was a dog around here... and 50 lb bags.
pioneer didnt fair to well either. Pioneer always seems to hrow these elephant eared plants but always chewier and same yield as anyone else... from what weve grown anyways.
did u do croplan last yr? How was it?

I have grown some Croplan 2 years in a row. First year was the LL variety. We did weighed strip trials of 7.5 acres each against 2 Pioneer varieties and 2 Invigor varieties, Croplan came out on top, 516 Pioneer in second, there was only 3 bushels difference between top and bottom. This year I grew RR varieties for the first time in about 10 years. Croplan and Pioneer were the best with Brevant 4015 back a bit. I agree Pioneer can be a big chewy plant, that was what was interesting about the Croplan certainly a smaller plant but the pods aren’t 3 feet off the ground. Just my observations. As far as yield capability my personal opinion is there is very little difference between all the top hybrids.

[goalieguy847]

Big time. Seems like the only constant we have had in our area ( north of edmonton) is that the earliest varieties seem to do the best ( the last 3 yrs with these hot hot julys)
strange bedfellows though as one would assume the flowering period is shorter with an earlier variety so you would assume that there would be less overall flowers and more damage with a hot period.

trial results = 3 bushel difference.
so you take those numbers and toss em out right? Is that more/ less than 5% difference?