Stats Canada

[crusher]

New carryover numbers were released for ending 2015/15. Ending stocks predicted to be down considerably. Some light at the end of the tunnel.

[charliep]

Not sure where your numbers are coming from crusher. Statistics Canada doesn't do supply demand forecasts. They will do a July 31 stocks report to finish off this year first week September. Market Analysis Branch, Agriculture and Agri-Food Canada does do forecasts but I haven't seen a recent one published.

[charliep]

Just read morning prairies report and see the numbers. Was AAFC. Good news int that a more competitive Canadian market but still a challenge around the world.

[charliep]

The document for those of you who like to look at the numbers.

[URL="http://www.rayglen.com/pdf/Canada%20Principal%20Field%20Crops_July2014_e.pdf"]AAFC[/URL]

[crusher]

Charlie,

Thanks for the clarification. I was excited because it was a tidbit of bullish news.

[furrowtickler]

Your right crusher
Also the numbers show a lot more canola has been moved / sold than the experts believe .
Also the crop not as big as first thought from 2013 and will be smaller overall in 2014

[furrowtickler]

Last years canola was one for the books on ave across western Canada - this year slightly smaller acres and 1/3 of the total ac will not ave 25 bus/ac and some will not make the fall frost IMO.
Overall I think total canola production for 2014 will be down 25% from 2013 with off grade canola thrown in that mix. 2013 98% or higher was number 1 , I bet we don't crack 80% this year on smaller production - JMO