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September WASDE

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  • charliep
    Senior Member
    • Oct 2000
    • 9002

    #41
    Still lots of assumptions in the report.

    The area that needs to followed on canola is the world vegetable oil market.

    Lots of red in the market going into the close. I have started to make looking at the charts my first activity. I note the comments on sticky figures elsewhere but there has to be a bottom here somewhere.

    Comment

    • charliep
      Senior Member
      • Oct 2000
      • 9002

      #42
      should be sticky fingers.

      Comment

      • fjlip
        Senior Member
        • Oct 2002
        • 9896

        #43
        X 2, that about sums up farming 2014.

        Comment

        • SASKFARMER3
          Senior Member
          • Feb 2006
          • 14485

          #44
          That's ok big USA grain companies make syrup to help your sticky fingers!
          Now in reality were on a island that has Piss poor yields and piss poor quality
          Every good news to help prices is met with the market dropping so basically were awash in grain!
          Way to go farmers you did what they said couldn't happen! We can feed the world and now with below cost of production the world can eat cheap!
          Want to bet the prices in the store won't drop a penny!
          Ah what a great thing to do for a living!

          Comment

          • Richard5
            Senior Member
            • Jan 2014
            • 469

            #45
            Everyone has their own right to make the decisions for their own farm.

            I want my fertilizer applied this fall for a change so will be purchasing it shortly.

            Even though the sky is always falling in your world, others don't always experience the same. It won't be the most profitable year in history for my farm however have had a number of good ones in the past allowing good equity growth

            Comment

            • boarderbloke
              Senior Member
              • Sep 2007
              • 1991

              #46
              charliep, regarding meal, supply and use are projected to be very stable, hence there'll be plenty of by product(soya oil) to keep the veggie oil flooded. That's what "someone" has been telling me ALL year, even when meal hit a 2 1/2 year low in June '14.

              Farmers,,,get use to canola with an 8 out front!

              Large acre renters are going to get a beactch slap, like they haven't seen in some time.

              Comment

              • farmaholic
                Senior Member
                • Sep 2010
                • 17488

                #47
                Per acre return is going to take a bit of a hit on this farm. I'll be spending wisely and not going to give up a bunch of accumulated equity and risk it. Time for an input price adjustment to reflect today's commodity prices and quality, and this coming marketing season's reality. Im getting to that age I hate risking it and what is already mine.....

                Comment

                • SASKFARMER3
                  Senior Member
                  • Feb 2006
                  • 14485

                  #48
                  Richard your probably banding at .48 for ammonia what if the spring price is 41 do to USA farmers not growing high use nitrogen crop corn! $1,99 corn is not really profitable at 200 bus a acre.
                  Good for you but thinking what's happened in the past two years can continue with just a little blip!
                  Ha ha! We are going one way and it's not up!
                  Good on you to Fert in fall good luck glad you had so many bumpers that price doesn't effect your farm!
                  It's just a observation why spend money on products that seemed to double on way up but won't even drop as we go lowere!
                  Just a observation and don't believe AgriStability will help farmers out in canada!

                  Comment

                  • countryguy
                    Senior Member
                    • Nov 1999
                    • 685

                    #49
                    Sick of the games. Sick of the thievery. Sick of the weather. Sick of being a parasite host. **** farming. I'm out..

                    Comment

                    • Digger
                      Member
                      • Apr 2003
                      • 45

                      #50
                      Does it really matter what line of "bullshit" the industry gurus are shoving down your throat or want you to believe? Buy, buy, buy or sell, sell, sell.

                      The price is always going higher. Production is always lower than what "they" say.

                      Why can't we make a decision and live with it. Form your own opinion, plan accordingly and execute.

                      Comment

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