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The world today |
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Kiwi
Silver Level
Joined: 23 Jan 2018 Location: New zealand Points: 393 |
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Topic: The world todayPosted: 13 hours 49 minutes ago at 8:54pm |
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Hi all with the war go on I am just trying to get a handle on what is happening with the grain industry around the world here in New Zealand and in Canterbury we have just finished the most challenging harvest I can remember it has been a very wet summer / hail storms some of the ryegrass and clover crops have been abandoned and left to rot in the paddocks . Going in to the winter planting which is now farmers are struggling to know what to do the diesel prices have gone from $ 1.65 a litre to $ 3.70 since the war got started the price of wheat is $ 450-500 a ton and fertiliser prices are now starting to go up farmers are just not going to plant wheat . I read a report last week that Brazil has cut it’s wheat planting by 40% on two years ago for the same reason we are I am hearing mixed reports of Australia were farmers are find it hard to get the diesel they need for planting would love someone from Australia to chime in with there thoughts .what is the grain industry doing in the USA and are we heading for a world wheat shortage.
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Acguywill
Silver Level
Joined: 15 Jan 2024 Location: Vauxhall ab Can Points: 203 |
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Posted: 12 hours 3 minutes ago at 10:40pm |
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My 2 cents, I don't think there will be a wheat shortage. And even if there is wheat will remain near it's current pathetic price. Simply because the world governments are worried about food inflation and will do whatever is necessary to keep basic sustenance foods at low prices to keep the masses from revolting. Is the price you quoted in kiwi bucks per 2000 lbs? The price here in western Canada is about $297 canadian per metric tonne delivered to the elevator for no.1 hard red spring wheat. Latest price for farm diesel I have heard is $1.71 per liter.
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IBWD MIke
Orange Level
Joined: 08 Apr 2012 Location: Newton Ia. Points: 4282 |
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Posted: 5 hours 7 minutes ago at 5:36am |
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My prediction; There is going to be a 'correction' in the ag business, here in the states anyway. You can not have input costs this high with commodity and land prices where they are. The coop's seem completely unapologetic about it. They quoted me $200/acre to put on dry fertilizer! Think about that, that's 50 bushels of 4 dollar/bushel corn per acre to pay for that 1 input! Last year, between the wind and the Southern Rust my corn made about 165 BPA. That dry fertilizer. is going to eat 1/3 of the yield.
Long story short, skipping the dry this year. We'll see how it goes.
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jaybmiller
Orange Level Access
Joined: 12 Sep 2009 Location: Greensville,Ont Points: 25272 |
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Posted: 3 hours 29 minutes ago at 7:14am |
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I honestly don't know HOW farmers actually make ANY money FARMING ! Huge 'input' cost, LONG hours, roll of the dice IF crop comes in and sells for a little p profit. I know you love the land but yeesh HOW can you survive ?? Looked at getting a parcel to London, England. Canada post wants $172 to ship it(kinda heavy and big). so not too bad THEN they ADD a $36 fuel surcharge on top ! BTW diesel is hovering around $2.30 per liter,so about $7 US /USG |
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DMiller
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Joined: 14 Sep 2009 Location: Hermann, Mo Points: 35695 |
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Posted: 2 hours 46 minutes ago at 7:57am |
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IBWD, it is already begun. For those working on Fraying shoestrings, the costs for this season, the inability to purchase the required volumes of UREA or other Petro developed Fertilizers or Pest Sprays, the considerations for planting a likely designed to fail crop is not looking well for General Farming. Many around us are moving to Beef or other stock alignment, raise the low input Premium Grasses they can graze on, perhaps some level of Nutrient loaded ensilage fodder but not much for Harvestable Crops.
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TedN
Bronze Level
Joined: 30 Apr 2025 Location: Central WA Points: 164 |
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Posted: 1 hour 12 minutes ago at 9:31am |
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What I observe locally is most farms that are still in business have expanded and survived on smaller margins spread over more acres which has worked for many years. It has also raised prices for ground both purchase and rent to the point it really isn't possible to get a start unless you have help. With multiple inputs making huge jumps this year I don't see the large operations making any money, but they have expanded to the point that the processors have to have them. 2006 was the last year I worked full time in agriculture and at that time there were 52 potato growers(number from the Washington - Oregon Potato Conference) in the Columbia Basin - Quincy WA south into Oregon. Since then I can think of at least 5 that I have worked with or for that no longer grow potatoes, and that is just in the I90 corridor. I think the next shift we will see is the ownership groups of the processors expanding into the farming side and pushing out even the large operations. I think this will be the year that starts that change.
Reading back through that it seems like doom and gloom, so why keep doing it? My brothers operation that I help with is small, and we had the opportunity to expand this year. We looked at the market and decided against it before the price of everything jumped. Hopefully we made a good decision and are still going next year. Ted |
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