2012 Canadian canola Crop Total Production?

[fjlip]

You are right, lots of 20bu crops that would be near break even at $13.
Most will collect on crop insurance around here.
But last time we had a short crop the price was shit because nobody came to buy!
Less supply but less demand.

[vvalk]

Hard to put canola in for $260 an acre. $325
I bet is close to average cost with rented
land. Should always pay yourself rent anyways
if you own it outright

[errolanderson]

furrowtickler . . . my apologies. Didn't
mean to offend.

My point which is the 'ugly side' of
markets is that global markets don't
care about the cost of production in
western Canada. That is a sad truth.
Just look our hog industry as an
example.

The Asian slowdown is the key reason for
the washout in canola values right now.
And a recent 30% decline in Asian veg
oil markets can't go unnoticed.

[countryguy]

Asians can quit buying expensive vehicles, stop taking holidays, stop going to the movies, etc. The list goes on and on. The one thing Asians cannot stop doing is eating. And there are more and more of them everyday.

No one in the world wants to give up anything out of their lifestyle to pay more for food hence all the manipulative bullshit that goes on. Analyze BOGUS S&D numbers all you want. That is the way it is.