If I ever get seeding, sometime in late May or worse, I have to decide weather to pull one field of oats and seed it into Hard Red, adding N naturally, or stay with Oats at 25% of my acres. Any opinions? Everyone in the world will want to seed wheat. But, if we can get wheat to about $8.50, it might be proffitable, even seeded in June, vs. $3.00 oats. What do you think?
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Funny thing my friend in Winterpeg thinks farmers in East and NE Sask are going to seed oats and Canola. I told him he was dead wrong.
On Saturday if were still not going Durum will get dropped and those acres will go to peas and HRS. Once we hit June it will be Broadcast HRS and Fert. Feed wheat and SCI pay way better than Oats.
Buyers dont know shit. -
Im going to seed oats got a 3.40 contract thats better than feed wheat i think. Just hope i can seed period. Missed the rain last night but its still wetter than hell here.Comment
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GS
100 bushel Oats Finicky Market @ $3.40
70 Bushel Feed Wheat (SW Type) @ $5.50 very little for Quality Concerns.
Feed Wheat about $40 per acre Higher Cash Inputs.
If the Oats are light and dont make a 2 or depending on Contract a 3. You are SOL and may even have to buy out your Oat Contract before you sell your 4CW. Then you may have to sell it for $2.50 or less if you are lucky.
The Market does not realize that with Higher feed prices, Producers will gravitate to less quality sensative crops. Hence Oats and Malt Barley taking acreage hit this year, especially as the season gets later.
weighing the risks, a high yeilding feed wheat is the way to go, as the season gets later.Comment
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I guess it depends how early i get my oats in. Frozen wheat will be light to. been there done that.Comment
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Year it froze guys around wadena were sunk for signing contacts in 2004 and 2002.Comment
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