Statistics Canada Crop Production Forecast

[charliep]

Below is the web address for the Stat Can Report.

Canola at 11.9 MMT a big bigger than expected -with crush and exports chugging along at the
current pace will not be an issue.

Wheat as expected.

Barley, oats and flaxseed a surprise on the small side.

[URL="http://www.statcan.gc.ca/daily-quotidien/101203/t101203b1-eng.htm"]Statcan[/URL]

[charliep]

Full report with estimates by province.

Will be in trouble with Statcan as should have called estimate in the title.

[URL="http://www.statcan.gc.ca/pub/22-002-x/22-002-x2010008-eng.htm"]full report[/URL]

[boarderbloke]

13.7% increase for canola; impressive reduction in flax! Still looking for $20.00/bus Triffid/free. Can feed barley move much higher with the corn buying power of the CAN$?

[bucket]

There will be some adjustments made to this report.

Considering worldwideevents,I would call it bullish overall.

Canola will be revised later as usual, so the inventory isn't seen as negative.

[bucket]

charliep

Was trying to find the last time flax production was so low and correlate prices.

Searching statscan only went back to 2006.

Can you help?

[LWeber]

752 - 1982/83
444
694
897
991
701
328
498
889
635
337
627
968
1,105
851
1,029
1,081
1,022
693
715
679
754
517
991 - 2005/06

[bucket]

So this is the smallest cropp since 92-93.

There's gotta be some legs in this market yet?

[boarderbloke]

Wow, look at canola! "kicking ass and taking names"

[furrowtickler]

at least 30% of that canola number has green seed (grade loss) issues. The amount of can.#1 canola is smaller than the actual production numbers. Buyer know this and are going to be chaseing supplies by spring - IMO.

[charliep]

actually interesting to see how a market views a report.

[URL="http://farms.com/FarmsPages/Markets/tabid/214/Default.aspx"]quotes[/URL]