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Post by hardrockacres on Apr 5, 2022 7:29:51 GMT -6
Finally moved the first load yesterday in the last 10 years. Been sitting on it since the price was 9 cents/pound. Contract was a Nov delivery but it is what it is. Still have a few loads to go to meet the contract but road bands and warm temps have put the rest on hold for a bit. Wed and Thurs nights are forecast to be -10/-12 so hopefully we can get a few loads out each day before it starts to thaw. Don't want to be the guy who wrecks the road in the spring but this stuff needs to be gone.
Anyone still have some or did you move it all when the price jumped last fall? Anyone thinking of seeding some this year? Seriously thinking of seeding some again, its another crop that doesn't take much N and is a bit more drought tolerant than other cereals.
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Post by kenmb on Apr 5, 2022 10:16:13 GMT -6
Dad still has 6000bu in the bin from about 12 years ago, haven't grown any since. I want him to sell some and free up a few 1650 bins just in case. Now that he has retired he sees no reason to sell. He sees it as money in storage, which it is to a degree.
I kicked around the idea of growing some again but right now there are other crops to grow. It would be worth trying the itch less varieties. It is easy enough to grow, a lot less bushels to handle, not a bad rotation crop. And so if the itch factor goes away it is something to consider.
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Post by hardrockacres on Apr 5, 2022 12:28:21 GMT -6
I always grew the itchy variety...wanted the better yield so I put up with it. i'm cheap so wanted max return lol
I always joked with my wife that it was my retirement fund, when I sold I would be done. She keeps asking why I havn't booked an auction sale yet seeing that It was sold last October. Guess I lied to heer and myself.
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Post by kenmb on Apr 6, 2022 22:39:05 GMT -6
Dad seems to think the stuff never goes bad but it sat in the bins so long that the bottom 3 to 6" turned black from moisture wicking up through the cement floor during the wet years. Smelled exactly like ammonia when I cleaned that up. Also had one bin of it sitting on an aeration floor and that floor rotted out. Had to replace the aeration floor when I moved the canary to a different bin that is the last of the bins we use in a pinch. So there is a cost to holding grain in a bin for a very long time. And of course moisture leakage at doors causes grain rot which eats the galvanizing off and causes rusting. Yes, it is good to move grain every few years.
But, to your point, dad went past considering it his retirement, he alluded to being an inheritance before and is likely why he won't sell it. He doesn't need the money, at 80 years old there isn't much a guy can do with an extra $100k. Except give it scammers from India and the Ace tool company in the US, so sometimes it is better off not having him with extra cash.
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Post by hardrockacres on Apr 7, 2022 8:33:21 GMT -6
LOL. your last paragragh holds true for almost everyone Kenmb, myself included. Once the money is in the bank we tent to buy things...not so much when we still have the commodity in the bin. And I agree that there is a cost to holding the grin for long periods. I had to purchase a few extra bins as I had a few tied up with the canary, and I moved it a couple times just to make sure the quality was still good/no heating/etc. Even tho I had it all in aeration hopper bins with temp cables, (either I have too much time on my hands/am overly worried about spoilage/ or I like getting itchy from the dust).
No worries now as the last b-train was loaded and dumped this morning. Wish I had a bit more as when loaded these is a lot of money on those trucks...better than a train of canola at $24/bu. All looks good but then I look at fuel, fertilizer, chemical cost for this year and the cheque doesn't look like as much of a windfall after all.
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