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Attention Grain Markets You Have know Idea whats happening on the farm!

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    Attention Grain Markets You Have know Idea whats happening on the farm!

    Every second day a storm hits some where in Saskatchewan or Western Canada these storms dump huge amounts of water. An example we have had over three inches in last three days. Yea that's making a crop.
    Seems every year the experts try to tell the world how big a crop we are producing from their little cubicles in Cities.
    Well here is some basic math because these storms are taking their toll and the big crop is fading every day.

    First take a farm with 30 quarters of Canola 150 acres per quarter total 4500 seeded acreage. 4500 x 40 plus prediction at seeding 180,000 bus
    Nice perfect seed bed.
    First storm then second in late may early june.
    Lost acreage is 5 to 10 %.
    That farmer is going to harvest 4000 acres now not the 4500 he started. 4000 x 45 because its a nice crop so he is back to the 180,000 bushels

    Now throw in a hail storm on some of the farmers land say a 1/3 gets any where from 10 to 30 percent Now that farmer has lost another 400 acres of his total. He is now down to 3600 162000 bus.

    Now throw in flooding that we will see at time of harvest but under canopy you don't see from road at 120kmph. take a 10% hit that leaves 3200 to harvest from the 4500 you started with.
    3200 x 48 = 153600 or 26400 bushels less than your first budgeted. Now this farmer example didn't produce the predicted amount He has 4500 divided by 153600 bushels or 34 bushels a acre.

    Yield is dropping every day some who have texted or phoned lost crop at 100 percent on some or all there land others are flooded on whole quarters.

    Throw in some aster yellows and sclerotina.

    Yea its a big crop But mother nature is having a hay day taking the crop lower.

    Total production at this rate will come in less than the experts are predicting how much lower is the question.

    #2
    Sk3

    Does the numbers you are using represent your canola acres? If so Western Canada is a lot bigger then that. Don't think for a minute that the ones making those predictions are getting their information from someone behind a desk!

    Comment


      #3
      No look around there are daily storms dumping huge amounts of water and hail is touching a lot of farmers. Its not a perfect crop over the whole three provinces.
      Take a drive some real nice some real shitty.

      Comment


        #4
        Considering the weather canola has flowered for a shorter time than expected.

        Lots of drowned out spots yet to show.


        IMHO someone is in for a surprise. ...Farmer or grainco?

        I am leaning to farmers to know what's going on.

        Comment


          #5
          Plus flooded land produces shit all. Acreage is down and they are blowing smoke up our asses.

          Look at pea prices for fall 8 or less already because of the big crop. Big sick diseased crop.

          Its a bull shit world where Bull shit rules the roost.

          Just keeping it real.

          It was nice but mother nature has a way of taking you down a notch.

          Comment


            #6
            The "trade" always assumes that localized crop reductions are offset by better crops elsewhere, even other countries. It's a BIG world and they trade everywhere. They have TOO much information, likely keep us in the dark as long as possible!

            Comment


              #7
              They are the protein premium is one area.

              The lentil wrecks will be huge and that one could hurt farmers who were counting on the big pay day.
              Yes crop insurance is a big help but its a insurance.

              Comment


                #8
                Potholes/ sloughs are liabilities on most years
                They don't make you money they just take money from the bottom line

                And yes the crop is getting smaller everyday


                Iceman out

                Comment


                  #9
                  Sask, you have already upped your yield on remaining acres to 48. What message does that send to the cubicles. Don't worry about price, you have family at home that's more important.

                  Comment


                    #10
                    Last year the durum protein premium disappeared??

                    Comment


                      #11
                      If we were all half and half like some were back in the day prices would be rocketing. We are growing so much, adding every little imaginary thing to the crop to get extra bushels. There can be hail and too much rain, etc but the other areas will pick up the slack and make up the difference. Rain makes grain and that's all the trade people are concerned with. Grow lots and we will buy it cheap. We can come in here and tell all the stories we want about what's happening with this crop, but it's not going to do any good. When flooding, hail, and disease become non issues expect dismal prices going forward.

                      Comment


                        #12
                        I agree they do rain makes grain! Over producing never works!

                        Comment


                          #13
                          Originally posted by farmaholic
                          I seriously doubt Pike had much "skin in the game"... Actually I bet these guys come out of this unscathed or barely harmed. These "GENIUSES" in all likely hood create an income stream for themselves out of the venture.... Board seats, management positions, all sucking the life out of the Corp while investors hope and pray for a return on investment!!!

                          I am assuming...

                          That is why "Large Agricultural "BUSINESS" Corporations" seldom survive....The management is more interested in their financial health than that of the Corps. Wouldn't you say the farm's finances have to come before yours if you want a farm to survive long term? I've said it a million times.... farming is not a business that can be managed using the normal corporate business structure.... there just isn't enough money to go around! Especially with the boom and bust cycles it endures.
                          Most of Ontario hasn't had significant rain since before planting... So that averages out to just about perfect growing conditions right?

                          Comment


                            #14
                            I like Furrow's comparison best. " Too many hands in the cookie jar".
                            Everybody that touches the grain after the farmer expects to make a decent living. They do what they must to earn it. Low grain prices are a good way o capture margins.

                            Comment


                              #15
                              I agree they live it when we over produce because Its like shooting fish in a barrel! Sooner all need to sell pay first low little higher to the ones who wait. Wait to long they do the new crop is here even if it's March.
                              All up the chain want a profit the farmer is just the first stupid supplier in the cycle! We do all the work they reap the rewards!
                              Real simple said fast slow or not spoken!

                              Comment

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