You may have heard us reference that farming is forever often as a company. This is something we believe in strongly as without farming we would not have a lot of things. It is one of those industries that has evolved over time but has remained just as important as the day it started. But for farming to have started we all had to start somewhere.
Do you remember your first crop? The first time you spent months planning what you were going to seed. Getting the materials and equipment together to seed your first crop to patiently waiting and watching it grow and have everything out of your control. Maybe you had a relative or a mentor to help support you along the way or maybe you struggled through it all by yourself. Maybe the year you grew your first crop you spent months praying for it to rain or it rained too much, or any other combination of things could have affected your first crop did. Do remember the feeling of the homestretch and the first couple of kernels that hit the bin and you get that feeling of success and that all your patience has all paid off.
Maybe you are like me and after patiently helping the family farm for so many years that when you are finally able to purchase your first piece of land to add to the family farm and your able to grow your own crop you finally feel like you’re able to contribute to the farm. After 2 years of patiently waiting after purchasing my first piece of land, I was able to put in my first crop and it was one of those experiences I will remember for a lifetime and not take for granted.
There is something in that first crop that kept you wanting more and continuing to keep coming back year after year, even when things got tough. As we go forward in life it’s always a good reminder to look back at how far we have progressed. Even when at times it feels we are not getting anywhere or moving the needle that much further to our goal. It’s a good reminder to reflect on where we came from and the journey we have taken this far and look back and measure the amount of Knowledge, experience, and depth of character you have achieved.
Because Farming is Forever
Erin Harakal
Market Report – Erin Harakal
We are on the homestretch in most areas for harvest as we start off October. On September 29th the much-anticipated USDA report came out. This report had a bearish sentiment to it. The report reported larger the expected wheat production for 2023 despite the drought and the smallest soybean crop in the last 4 years. Harvest pressure remains to be affecting pricing. Pricing on most commodities seems to be trending sideways for the last few weeks.
With trade tensions currently between Canada and India now is the time to watch closely to what is happening with India. Even though currently Canadian lentil pricing it currently holding with the current stressed geo-political situation it could change in a hurry if the situation is not resolved. Lentil pricing for red lentils is currently hovering around $0.35-0.36/Lb.
With the recent weakness in the Canadian Dollar, it influenced with some much-needed support for canola on Tuesday. Canola continues to try and find support any way it can.
Feed barley has remained flat as prices delivered Lethbridge remain to be around $330-345/mt for October-December movement. The outlook seems to remain flat as we head into the start of October.
Sellers Tip: October and November are historically months that fill up fast. Now is the time to look at booking some in for the nearby.