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SCIC 2025 prices

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    SCIC 2025 prices

    Crop insurance commodity prices posted, individual coverage prices to be posted on Monday. Coverage levels on the lower side, let’s hope we don’t have to collect this year.
    HRSW $7.74
    Barley. $4.68
    Oats. $3.31
    Canola. $13.50
    Peas. $10.31
    Last edited by Sodbuster; Feb 22, 2025, 08:47.

    #2
    Since last fall some intelligent people have said the industry will have to ration canola.

    That would have driven the price higher if not for everyone grabbing a 25 cent " premium" the graincos offered.

    More importantly these type of prices are a result of not having an export sale report that would help farmers make better marketing decisions that may help the prices.

    Logistics, marketing and insurance would be helped by a ESR in Canada.


    If something like an EV tariff out of the blue can affect canola that has no relation, one would think have more of the marketing tools that other countries have would be helpful as well.

    or we can continue to have other countries take our markets , that have real support for farmers, and understand the value of agriculture to the economy. This country hasn't learnt it yet.

    And neither have most of the farm groups.

    Off topic but food for thought. When you have guys representing you, that watch something as simple as agri-invest go from 3% ENS to 1% ENS and attach a environmental plan after a million in ENS that then get appointed to the senate, you know who they are really looking after. Hint ; it is not your interests!

    Those are garbage prices from SCIC.

    Comment


      #3
      Afsc 2025 prices also up on the website. I think wheat and canola similar but oats are 3.85. Afsc uses 41 lb for their oats as opposed to the industry standard 34 so have to adjust. At least here they adjust the price to fall if they are way too low in spring automatically. With the loon only 0.68 and the interest rates below the inflation rate, you would think that they would realize these prices are too low.

      Comment


        #4
        Low prices, high premiums (likely) low coverage due to droughts will hardly cover expenses if they even do. Better hope it rains “buckets”
        Bucket that’s for you.

        Comment


          #5
          Originally posted by BTO780 View Post
          Low prices, high premiums (likely) low coverage due to droughts will hardly cover expenses if they even do. Better hope it rains “buckets”
          Bucket that’s for you.
          Thanks , it is going to be an interesting spring. If it slow melts it could be great. A quick warm up will create struggles of circles of potholes galore.

          I can remember frosts in June, heavy rains that made seeding not worth the bother. Broken tow straps splitting drills to get them out. Etc etc etc.

          I will take a dry April and May , a damp June , wet July and a dry August September and October.

          Comment


            #6
            I second your forecast with just enough rain in April and May to get the crop growing and the hay crop. Gee I don't ask for much!?

            Can't wait to see the price and premium forecast for us down here in the southwest. Grrr.

            Comment


              #7
              Was told durum is $8.01, wheat $7.74

              Comment


                #8
                With the prices offered by scic I will definitely be going with the in season pricing. I might do the whole farm coverage, but doubt it with the prices offered.

                Comment


                  #9
                  Originally posted by JoeyJeremiah View Post
                  With the prices offered by scic I will definitely be going with the in season pricing. I might do the whole farm coverage, but doubt it with the prices offered.
                  We will be doing the same.

                  Comment


                    #10
                    Explain in season pricing.
                    Always do whole farm here.
                    AFSC.

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