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International Trade committee  I'm saying, sitting in these meetings, that I'm looking at a year and a half now before this is fixed—if it gets fixed.

April 9th, 2019Committee meeting

Leroy Newman

International Trade committee  Yes, you're right. I could have priced and invested it in the futures, up to $11 and then down to where you can see in spot markets right now, in that $9.50 mark, anywhere in between there. I'm sorry. What was your question?

April 9th, 2019Committee meeting

Leroy Newman

International Trade committee  Yes, it is really narrow. Also with what we're talking about, the bloodbath we're going to take, this is our livelihood. If I take that 5% that I might not grow and put it towards barley, and then everybody does that barley, barley can't handle a 5% increase in production, becaus

April 9th, 2019Committee meeting

Leroy Newman

International Trade committee  It's gone. When that happened last year with our peas, I carried the peas over, just hoping. It did work to hold on, but I could only store so much. I had a drought last year, so I could carry more over.

April 9th, 2019Committee meeting

Leroy Newman

International Trade committee  I'm not really an expert on foreign trade, but when this went down, we were all kind of watching to see what was going on. We were selling grain when this arrest happened. We were freaking out. We were worried because we had this India incident two years prior, right? We were hed

April 9th, 2019Committee meeting

Leroy Newman

International Trade committee  With the technologies that have come along for us, we're using our fertilizer more efficiently and using fewer sprays and chemicals because of the way we're using these techniques. With our rotations, we have less pressure from disease and problems with our crops than we used to

April 9th, 2019Committee meeting

Leroy Newman

International Trade committee  In Alberta we have price protection in our crop insurance. On the question of advice to my kids, we've diversified with our cattle and other things. When I went to school in the east, a lot of people were working off-farm to diversify, because we're not always busy. A lot of peo

April 9th, 2019Committee meeting

Leroy Newman

International Trade committee  It's my field, and I don't think it.... The market was the market, and we follow the market and it's factored into that. The canola prices weren't bad the last couple of years, so it shouldn't....

April 9th, 2019Committee meeting

Leroy Newman

International Trade committee  Or to Cargill, or whichever.... We sell to several companies. We sell in increments throughout the year, just to manage risk because the price could go higher or go down, so everybody is hanging out with 10%. That's one of the reasons....

April 9th, 2019Committee meeting

Leroy Newman

International Trade committee  We have kids starting out farming right now, so we have lots of help, and everybody has bigger machinery.

April 9th, 2019Committee meeting

Leroy Newman

International Trade committee  I wouldn't say that's a problem right now because we plan into the future. For every year you're going to farm, you have to budget ahead. What's happening now is that we're sitting there with no future income. We start pricing next year's crop now. We start doing it in incremen

April 9th, 2019Committee meeting

Leroy Newman

International Trade committee  It's nicer at home than it is here. Every time I come here it's cold.

April 9th, 2019Committee meeting

Leroy Newman

International Trade committee  Good afternoon, everyone, my name is Leroy Newman, I'm from Blackie, Alberta, just south of Calgary. I'm the fourth generation of my family that's been farming. We grow canola, barley, peas and wheat. We also have a cattle operation. Despite the fact we are in the middle of calvi

April 9th, 2019Committee meeting

Leroy Newman