Canola Crisis, is it even worth growing?

[furrowtickler]

Which is about 2% of farms in all of western Canada, just sayin

[furrowtickler]

Foreward pricing some at what we think is a poor price at the time pays off in the end.
$16.75 sure looks good now.

Depends if you can fill your contract, slippery slope

there are crops yet again north of here well below average
just food for thought
pre pricing put several farms under here in 2021. Grain companies completely 100% don’t care , they will tear you down
just food for thought on pre pricing

[furrowtickler]

Stays 100% true , you want it …. Earn it

[Grain Farmer]

Depends if you can fill your contract, slippery slope

there are crops yet again north of here well below average
just food for thought
pre pricing put several farms under here in 2021. Grain companies completely 100% don’t care , they will tear you down
just food for thought on pre pricing

Not go over board, but sure brings up the average when canola is 13 bucks now.
sure farmers could easily find some one to fill at that price also.
Has worked great for us .

[furrowtickler]

Did for us as well , then watched others go silly and then SHTF
we all gun shy now here

[furrowtickler]

Not go over board, but sure brings up the average when canola is 13 bucks now.
sure farmers could easily find some one to fill at that price also.
Has worked great for us .

When it goes the other way , and current price is higher than contract, not so fun
that was the case for two years straight here .
I get it , we have done it for years
and this year easy peasy , think back 3 years
farmers have extraordinary short memories or have never been burnt

[furrowtickler]

When contracts are $14 and the price runs to $18 - $20!
it was a train wreck

[furrowtickler]

No one ever can predict a futures price , then throw in political interference now, best of luck

[blackpowder]

I won't ever again forward sell over a conservative amount with insuring it.

[AlbertaFarmer5]

Cows should be in the rotation

I often have cows rotating through my crops. And horses. And rodeo stock. Had Buffalo a few years back. Lots of the queens livestock. A pet pig. Free range chickens.

I find they do more harm than good while rotating through crops. It was frustrating enough back when it was our own cows, there is just no upside when it is someone else's cows.