April 1st "National Cancel your 2019 Canola Seed Day".

[bigzee]

Better hope and pray there’s BIG demand by fall for canola and going into winter. Carry over is going to be huge, and get an avg to slightly above avg crop, prices may be high today then what could possibly be coming.
I sold some yesterday, and overnight prices dropped. Amazingly something went my favour. I must have flooded the market with my sale.

[SASKFARMER3]

I find it amazing that this isn't big major news every night. Wow, Trump picked his nose and CBC and CTV are all over it. Or climate change is causing it to be warm in March.

Nothing on 2.7 Billion loss.

I do agree that a lot of farmers will plant like normal and then when fall approaches and the USA has its deal and canola is like oil selling at a discount the truth will be shown.

The Canola council is also to blame with the bullshit.

[WiltonRanch]

Still laugh about canola council wanting to get production up to 25 million tones. All the money into research and development, high seed cost etc, for what now? This is completely out of our control and the feds don’t give two shits about us. We are so screwed.

Think what’ll play out this year is lots of guys will still buy the expensive seed and hope for better times. The pain and real actions won’t be seen till next year. If anything good comes of this bs is hopefully everyone realizes to avoid having more to do with China.

[westernvicki]

ABC
anything but Canola.. who'da thunk it.

[westernvicki]

Sure glad the budget included a bail out for dairy impacted by trade wars. Oh Canada.

[hobbyfrmr]

This is bad.
Time to go read the INP.V bullboards.

[jazz]

China cancels all canola sales.

You knew it was coming

https://www.country-guide.ca/daily/china-stops-buying-canadian-canola/ China stops buying Canadian canola

[jazz]

Jazz I have a few friends that sold out complete or partial and are the happiest campers in the world. One made more on his investments in the last four months than he did profit his last year farming.

I will never be a big farmer. There is just too much competition in my area and land prices high, but I made 4 times my money on some land I was able to snag owning it for just 10 yrs. Gotta take some off the table now. My new rotation will be durum, lentils, flax and dividends.

[SASKFARMER3]

Right now peas 1000

HRS 6000

Oats 1000

Barley 1000

Canola 1000

[SASKFARMER3]

Jazz I have a few friends that sold out complete or partial and are the happiest campers in the world. One made more on his investments in the last four months than he did profit his last year farming.

A storm is coming and Canada is overpriced on everything from Seed to first to chemical to rent to equipment. Vs the competition.

This thread is about Cost and Seed for Canola is insane as soon will be our cost for Wheat and barley etc. with the seed tax.

Everyone else is getting wealthy farming. Farmers arent. Share the wealth needs to happen.