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Canola Prices Getting pounded this morning!

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    #41
    Government people and others that
    believe you can reduce a corn crop by at
    least one third and then produce a big
    soy crop because of a couple of little
    showers are delusional. The corn growing
    areas are 9 to 10 inches short on soil
    moisture which means next year they will
    need a year like our 2010/2011 to grow a
    trend yield corn crop.

    In Canada the canola crop is smaller
    than last year. When the final numbers
    come out in a couple of years, this
    years canola crop will be 14.5 mmt. Sure
    record acreage but 20 percent drown out
    and 20 percent loss to disease on what's
    left. Doesn't seem like much in July
    when the crop is flowering but when the
    swathers roll, the light stands and
    fluffy swaths will tell the story. I
    have seen irrigated canola seeded on may
    10 sprayed with bug spray and twice for
    disease being swathed on August 6 and
    the field across the road is still
    green.

    Reports on this forum are consistently
    the same and that covers a large area of
    western Canada. Realistically the crop
    in western Canada isn't bigger than
    years in any crop. Harvest reports on
    the peas are well off expected but you
    can't have 20 potholes on a quarter show
    up after seeding corner to corner and
    think its going to be a bumper. Well
    maybe the office people can.

    I lowered my expectations long ago, it
    keeps me pleasantly surprised but after
    doing some preharvest spraying its still
    not pretty.

    Comment


      #42
      MarshD That west of Winterpeg is in the
      heart of Manitoba Between portage and
      winterpeg?
      That i know is not normal for that area.
      27?

      Comment


        #43
        That's right, east of Elie. Heard of some canola going 40, and 27 today. My oats is 90 by volume, but heavy, so maybe 110. Maybe 105, should be 150. Wheat is the star, 65 bu. everywhere. You know what, I am starting to think, "screw the oats" next year. Canola, beans, winter wheat, spring wheat, retirement.

        Comment

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