Canola Seed

[bigzee]

Talked with a friend today, told me anyone who he knows have made the phone call "cancel my seed". How many have heard this, or have made the call yourselves?? Sure prices have dropped, but I can't predict where prices are headed 8 months from now. Sure hope the ones that have cancelled aren't planning on growing more pulses. Those prices are likely headed to the toilet.

[farmaholic]

We will still be seeding granola.

Dropped off a couple of seed samples for testing at the seed lab....guess what he told me. Lentils, lentils, lentils, lentils, lentils, lentils, lentils, lentils, lentils, lentils.....and more lentils.

Oh yeah, did I say he tested an unbelievable amount of lentils.

LENTILS...

[Klause]

33 cent aog on lentils 10 and 10.50 pea contracts and doubling down on canola with no production sold


More hard red wheat and oats less barley.

[ajl]

Hoping that there is so many peas and lentils in the ground that the canola price goes up. Getting significant precipitation around Edmonton for the first time in about 2 months so conditions are good for production this spring.

[bigzee]

Klause where are yellow peas $10.50 new crop? I've searched around a lot and can't get any numbers like they!!

[Guest]

I am only able to find $9-9.25/bu yellow peas. Where are the $10 bids at Klause?? Looked at weather networks spring forecast, looks dry for alberta and southwest sask. There should be the potential for price rallies just have to watch for the opportunities.

[biglentil]

This warm weather we are having is breaking the heatwave records set in 87. The year of India's mega drought. The lentil acres may be massive but prices may hold somewhat.

[ado089]

Maybe I'm a dummy but I have, hopefully, something along the lines of a third of my expected crop locked in for next year and it has me in black ink except for barley. Canola is not one of those crops. For the amount it need to go up from here to make it worth the risk you're better off growing it on paper and buying Nov calls. That only costs $25/ac and if we see $550 again you triple your money.

[biglentil]

I like it ado, no doubt canola acres will be way down with the soft prices,acres going over to pulses and even some over to yellow mustard. I also think the carry over from 2015 is exaggerated.

[Klause]

We have contracts at cargil clavet g3 colonsay and viterra muenster at those pea prices for new crop