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What was your most profitable crop this year?
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My best is a oil seed that I pay 16$ acre for seed sell it fob and returned 400$ acre net this year. Keep eating hotdogs.
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Originally posted by jazz View PostAF, they are banning meat and milk. Who is going to eat the hay in the future?
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Guest replied1) peas
2)hear canola
3)oats
4)canary seed
5) canola
6) wheat.
7)barley
In that order
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Triticale was my most profitable crop. 30 bu yield on pea stubble , seeded with some old Massey 360 discers (gasp!) with no fert other than what was in the ground. This is a feed or combine for seed crop , but it performed good. Yellow peas are #2 for profit with 30% loss on hail and about 25 bu/ac yield they went better than expected. Durum is #3 for profit , only because of a poor price. Yield was about 30bpa average.
I know some of these yeilds will shock some people , but down here in the SW corner mother nature gives us more heat than moisture sometimes.
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That is an easy question. Hay, in both net and gross. Yields were well below expectations due to record drought, but prices were so much higher that it more than made up for it. Harvest was easy when it never rained.
CPS Next, Yields were only off about 10%, prices are looking good lately, quality questionable due to the early frost, and snow. Nightmare to harvest after the snow.
Barley right behind CPS.
Canola a disaster. More pepper than sound seeds, extreme high green seeds, high moisture, poor prices and even worse discounts from what I'm hearing. Yields well below average.
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Originally posted by jazz View PostFlax. No seed cost, lower fertilizer bill than canola, lower risk, tougher crop, no insects little disease, 25-30 bu yield sells for $3 more than canola.
If you can stand the later season and straw.
Even the BTOs that like to be done combining for their Facebook account are asking about flax.....
And then the researchers will want to R&D money to **** it up again or Trudeau will **** up the chinese market....
lmao.
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Flax. No seed cost, lower fertilizer bill than canola, lower risk, tougher crop, no insects little disease, 25-30 bu yield sells for $3 more than canola.
If you can stand the later season and straw.
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What was your most profitable crop this year?
The debate over end point royalties and what influences each crops profitability brought me to an interesting result. Historically canola and yellow peas fight over the most profitable crop on my farm. Keep in mind I am a small operator and I only grow 150-200 acres of yellow peas each year, like the straw for my cows. This year was certainly dry with a very challenging fall that ended up yielding surprising results. My peas got hailed just as they were starting to ripen, hail adjuster said 25%, but they still yielded better than my historical averages. With hail insurance included they out grossed my CPS wheat by roughly $40 per acre and as you can guess my yellow peas were the highest grossing and netting crop this year. Second was my CPS wheat, a crop that around the first of October I thought would still be there next spring, flat and covered with snow. Much to my amazement it held a number 2 CPS grade. In third was canola, a bit below average yield combined with lacklustre prices give a disappointing year for canola. To equal the same gross return as the wheat I would need $11.50 per bushel. Fortunately green seed wasn't an issue.
Cereal grain breeders feel farmers need to pay more for research because they feel we will fall behind. I think if we were growing all our crops in a climate controlled greenhouse and everyone's growing conditions were the same this might be true. Canola has by far the highest cost of seed and I assume the most private company investment but this doesn't always improve my bottom line. Can companies develop a wheat that will stand through a foot of snow? The Penhold CPS I grow today does give me higher protein and seems to sprout less standing than my previous favourite Foremost but Foremost will still out yield it by 10 bushels per acre any time. I am not sure in the end it improved my profit. When it comes right down to it Mother Nature really decides what we get and I am still not convinced increasing the cost of farm saved seed will help my bottom line!Tags: None
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