Friday Crop Report on a Thursday. First week of June.

[wheatking16]

My yields in 2015-19, were about 10% higher than 20-24. Oats were 25 percent higher.
Land hasn't paid for itself ever at the time of purchase as far as I know. It is very far from that now. I expect some retracement, I could see 20%. There is still cash on the sidelines, but I think the big spenders have spent.
Banks always sort and rank customers, they will know their top 10 and bottom 10. Some will be asked to leave!

Stay tuned

[fcr]

Nothing here , less than two tenths.Went to Youngs on friday and they close at 5, shop manager said they are all caught up.No trades and farmers arent spending like before.We needed a service tech twice in seeding and they were in the yard in less than an hour both times.Terminals are calling daily looking for grain for July,most here are down to bin bottoms.Fires and Crop insurance is going to be tough on the provincial budget.

[Sodbuster]

We hit the rain lottery yesterday with our first rain since the snow melted, 6/10” drizzle over 10 hours. This should finish off germination of some seeds that were left in the dust. Will start spraying Monday hopefully these relentless winds will calm down.

[furrowtickler]

My yields in 2015-19, were about 10% higher than 20-24. Oats were 25 percent higher.
Land hasn't paid for itself ever at the time of purchase as far as I know. It is very far from that now. I expect some retracement, I could see 20%. There is still cash on the sidelines, but I think the big spenders have spent.
Banks always sort and rank customers, they will know their top 10 and bottom 10. Some will be asked to leave!

It started here the past six months, a few very long time , 100 year farms were shown the door . Poor crops the past 5 years with no cash flow left to service debt .
Very sad to watch .
I suspect there will be more the next 12 months if there is not even an average crop come fall

[seldomseen]

First rain since the snow melted.
Whoopi!

[Templeboy]

My yields in 2015-19, were about 10% higher than 20-24. Oats were 25 percent higher.
Land hasn't paid for itself ever at the time of purchase as far as I know. It is very far from that now. I expect some retracement, I could see 20%. There is still cash on the sidelines, but I think the big spenders have spent.
Banks always sort and rank customers, they will know their top 10 and bottom 10. Some will be asked to leave!

[furrowtickler]

this area in that 2008 time period our yields were 30-50% higher than the past 5 year averages.
So add that all up and things on grain farms are in a dangerous position in many areas .
Land prices in this area have flattened out or even backed off lately.

[Dr Tone]

Maybe because yrs ago.
wht at 35 b/a
Bly at 50 b/a
Canola 30 b/a
was considered good crops.
Now we are trying and in many cases doubling that yield with lots of fert, and timely rains.

But the inputs to try to make those double yields now are close to the price of the income you got from the aforementioned yields.

[Grain Farmer]

I can not understand why land prices keep going up.

Maybe because yrs ago.
wht at 35 b/a
Bly at 50 b/a
Canola 30 b/a
was considered good crops.
Now we are trying and in many cases doubling that yield with lots of fert, and timely rains.

[fjlip]

To keep Boomers and banks happy....but real big balls are needed to dare buy!