Let's all up the acres on the Retarded sister!

**SASKFARMER3** · Apr 4, 2014, 05:24

If the shit show doesn't improve for fall switching
500 acres to soy from canola! The market doesn't
want us to grow it!

**ajl** · Apr 4, 2014, 07:19

The market is saying that we need less production of canola and to take
twelve dollar canola seed back to the supplier and tell them to shove it
where the sun don't shine so you do have that part right. If you have a dry
no rain in august summer like normal expect 17 bu of soy not 27.
Summerfallow the most profitable choice of 2014.

**bgmb** · Apr 4, 2014, 07:36

Canola acres dropping in this part of the world.

3 billion tonnes by 3030 here we come.

**charliep** · Apr 4, 2014, 07:57

I November CBT soybean futures at $12/bu. What can a Manitoba/South Saskatchewan farmer farmer lock in for a October/November delivery price today? Can you do things like lock in a basis? Add whether farmers have had enough experience to access production risk and be comfortable in making a new crop delivery commitment in a contract?

**farmaholic** · Apr 4, 2014, 08:22

You may have more production risk switching acres from canola to
beans. I would really like to do beans, I have the equipment for
them, but the varieties scare the shit out of me. Of course the
seed companies will tell you they "may" make it to harvest but I
don't know if that is a chance I'm willing to take right now.
Trying a quarter or two (depending on farm size) may be no big deal,
but I wouldn't bet the farm on them.

When logistics improve and we get grain moving off the west coast, I
suspect basis levels will improve and we will see better values for
canola. We already saw prices rise from sub $9.00("specials" LOL)
to bids reaching $10.00. Is there still room for improvement? You
bet. When the canola is needed on the west coast the domestic
crushers will realize they too will have to give up some of their
exorbitant crush margin. I realize there is allot of crop to move
but am hopeful pricing improvements will come.

Cheers (hiccup *@#%#@*)

**bucket** · Apr 4, 2014, 08:32

Delivery, now that's a joke.

**farmaholic** · Apr 4, 2014, 08:39

How many zones, in Western Canada,
actually have the growing requirements
(high heat and high moisture) to produce
a good crop of beans. Just like some
areas couldn't grow chickpeas, many areas
aren't suitable for todays varieties of
soybeans either. In time better options
will be available.

**charliep** · Apr 4, 2014, 08:46

If I wanted to forward price new crop soybeans south eastern Saskatchewan or where ever, what price would I be offered today? Could I do a basis contract?

**Richard5** · Apr 4, 2014, 09:38

AjL

Summerfallow locks in a loss of over a $100 for most farms

Better check your math again

Better off growing the crop and market it when the price returns to your profit margin

Let's all up the acres on the Retarded sister!