Friday Crop Report on a Thursday!

[BTO780]

Everything is going ass backwards ... and fast!!
For as much as I want fert prices to collapse I just don’t see it. I’m going to buy before yr end, not that I want to but what “if” we wait till spring and prices are even higher then we can get. At this point guys that bought in Sep don’t have any on farm yet.

Prices are far beyond regardless of commodity prices.
Wheat at $12 doesn’t buy much. Even canola at $22 isn’t much considering the poundage needed to grow a decent crop. It’s only Dec and farmers are worried already about what’s ahead for 22. Where is the excitement? We have no one on our side fighting for us. Farm groups are a complete joke!!

December is usually the slow month for most everything. Commodity prices seem to falling everyday, wheat is taking a beating. Doesn’t matter how bad Australian crop is for quality, it’s all about quantity. $15 wheat IMO is a far stretch. Something is strange when production is down in most commodities, yet the prices continue to fall with it.

You will get people out their saying quit your beeotching prices are at historical highs, when is it ever going to be high enough?? You know what ... I will decide that. It would actually be nice to have a rainy day fund. We will be bled dry!!

If you think things are headed in the wrong direction, this is a picnic to what’s coming.

[Sheepwheat]

10 000 x 100= 1 000 000

[bucket]

BTO780

You will get people out their saying quit your beeotching prices are at historical highs, when is it ever going to be high enough??

People that say that don't know how to google the indexing of the value of a dollar.

If wheat was 6 bucks in 1975 as an example today's price would be 30.85 today in dollar value terms.

So actually , wheat was worth more in 1975 because it bought more than it does today.

[BTO780]

BTO780

You will get people out their saying quit your beeotching prices are at historical highs, when is it ever going to be high enough??

People that say that don't know how to google the indexing of the value of a dollar.

If wheat was 6 bucks in 1975 as an example today's price would be 30.85 today in dollar value terms.

So actually , wheat was worth more in 1975 because it bought more than it does today.

Exactly!!

[SASKFARMER]

The hottest commodity right now is guys going in and asking for extra credit to cover the new prices of Fert seed and chemical and it’s not just a little extra it’s hundreds of thousands more.

[jazz]

SKF why wouldnt you bail on the anhydrous for a year? By off the top of my head calcs, you can still make up the same fertility with just granular at less cost.

Maybe I am wrong, never used anhydrous before.

[bucket]

The hottest commodity right now is guys going in and asking for extra credit to cover the new prices of Fert seed and chemical and it’s not just a little extra it’s hundreds of thousands more.

Sat down with the retailer a few weeks ago and we have it figured if my rotation stayed the same along with the same inputs....costs have nearly doubled and at this point there isn't enough moisture to grow enough to cover it. A foot of snow is only 3/4" of equivalent moisture if it soaks in.

I watched guys throw the groceries at their land in 2021 and with no rain their crops burnt out.

[BTO780]

Sat down with the retailer a few weeks ago and we have it figured if my rotation stayed the same along with the same inputs....costs have nearly doubled and at this point there isn't enough moisture to grow enough to cover it. A foot of snow is only 3/4" of equivalent moisture if it soaks in.

I watched guys throw the groceries at their land in 2021 and with no rain their crops burnt out.

Save your money go to the lake have some beers, do some golfing enjoy yourself.
All the chem companies and retailers will be doing that and having a good time if you keep dishing out the cheques to them.

[Sheepwheat]

save your money go to the lake have some beers, do some golfing enjoy yourself.
All the chem companies and retailers will be doing that and having a good time if you keep dishing out the cheques to them.

10 000x100=1 000 000

[makar]

SKF why wouldnt you bail on the anhydrous for a year? By off the top of my head calcs, you can still make up the same fertility with just granular at less cost.

Maybe I am wrong, never used anhydrous before.

Looks the same price wise to me.