Stats Can Acreage Report

[SASKFARMER]

Fcc, Richardson are two big ones that most have. Cash guys with no Opp. Dont need to worry

[furrowtickler]

That’s very few across western Canada , maybe 20%
For the other 80% it is worry some right now
especially with crop insurance premiums doubled or tripled for many going into spring on top of bills .
canola SCI premiums are $23-25 now for 80% of lower coverage
that hurts bad

[furrowtickler]

The compounding effects of 3 or more years of drought is taking its toll even more now than just missing out on 3 great years of prices .
stings for sure

[AlbertaFarmer5]

I don’t know of a month where there isn’t a bill owing. Big or small they are all the same.
Just know it takes a lot of inventory to pay bills now with these horrible prices.

If these are horrible prices, how did you survive the previous decade where these would have been considered fantastic prices?

[furrowtickler]

If these are horrible prices, how did you survive the previous decade where these would have been considered fantastic prices?

Land , interest, machinery and input costs were up to 40% less….. or more

[AlbertaFarmer5]

Land , interest, machinery and input costs were up to 40% less….. or more

And crop prices are roughly 40% higher than they were throughout that period.
$14 canola today versus $10.
$8.50 wheat versus $6. Etc.
???????

[furrowtickler]

And crop prices are roughly 40% higher than they were throughout that period.
$14 canola today versus $10.
$8.50 wheat versus $6. Etc.

Just need a crop to help out , not everyone blessed with above average crops

[BTO780]

If these are horrible prices, how did you survive the previous decade where these would have been considered fantastic prices?

Land, machinery and inputs weren’t in the millions, along with everything else.
Sorry, but I don’t farm to break even.

[seedman]

Take it for what its worth, but these past 2 weeks almost everyone I have talked to around here received a call from the seed company they grow canola for and have had some, if not all contract production acres cut or cancelled in 2024. Not just one seed company... all of them. What do the big seed companies know that the rest of us don't? Our area is a huge pedigreed canola production area, and this action across the board seems to indicate they are aware of something we aren't.

[WiltonRanch]

That’s interesting. Those acres production will go to 2025 seed. Is there a glut of seed from previous years sitting in seed company stocks because of shrinking sales or …?