Being a marketing thread lets hear some more thoughts on this. Canola, oats, canary seed are all movin, what about hrsw, peas, lentils - whats the vibe out there? Larry, cotton? How long do we wait with stored non-board grains/oilseeds? I am thinkin about ten more days at least, but spring bills mounted up fast. Thoughts - opinions?
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I have yet to see an amazing canola crop, and it is June 15: the whole region is late, a very small percentage of the acreage of anything is seeded in ideal timing, we have a big rain in the forecast again, so I figure best to let the market worry, very simply because it has plenty of reason to. It is not like we are going to grow a bumper crop this year!
And for once the world may come to appreciate the crop we grow!
Now if only someone could tell Allan not to sell the wheat crop cheap.
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if you think we're wet, here's a map of rainfall from June 8-15. now you know why the winter wheat harvest isn't going very well. the yellow areas of the map represents 8 inches in that time frame.
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I have been calling this disaster since mid may, and heard every thing from quit complaining, you just whine to much, its only NE Sask, rain makes grain, etc etc. Reality is a foot or more of rain is a monsoon. Regina is on radar to get an additional 2 inches this next storm. Simply after spraying some 2000 acres of our land I am seeing one thing. Were loosing acreage each rain event. Their are huge areas that were seeded that are now gone. Plants cant sit in water. Period. This crop is getting smaller and smaller. Only problem I see cropping up is that when the seeded acreage report comes out guys will put full quarters down for crop insurance because most farmers know this crop could be toast come august with a frost and to maximize on crop insurance is better than the 50 acre. So it will seem that their are more acres seeded that their actually is.
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4 more hours of seeding and im done at 92%.
Like charlie had posted before the crops that
saskatchewan controls in supply could get real
interesting.
Didnt flax hit 17 decades ago?In todays dollars that
equals.....to bad it isnt traded on exchanges that will
cap any monster monster rally.
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