StatsCan July 31 Stocks Report

[bucket]

Let me clarify my comments.

If canada had a transparent reporting system it would be an easy calculation.

We don't nor a government that wants to implement a system that is more transparent.

[charliep]

Lots of work going on in area by both governments and the private sector. Just curious what you would have industry/government do differently than today?

Question was about canola so here are the numbers from the farm stocks tables.

Total supplies 2013/14 - 18 MMT tonnes which is made up of 2013 production plus close to no on farm carryover Aug. 1. Canola deliveries - 16 MMT. Dockage - 600,000 tonnes (bigger than expected but not out of line). On farm carryover this past August 1 - 1.4 MMT. You can argue with it but survey based.

2014/15 - Farm inventory August 1 - 1.4 MMT. Production you put your number in but last Statcan 13.9 MMT. Supplies this year - 15.3 MMT based on the information/assumptions. We can argue about production but regardless a tighter supply demand.

Soybean oil today - 32 cents/lb.

[bucket]

How about weekly sales, rail car, port space, prairie space reports for a start.

That's easy to find. Oh wait, they do that in the states.


Sales are reported weekly and daily if it's large enough. Public, accountable and mandatory.

that's a start.

[farmaholic]

Then they couldn't use that cloak of secrecy to their benefit. Knowledge is power and its best to keep the peasants ignorant, easier to take advantage of that way. Funny how the Government wants or supposedly demands production(crap insurance, aginvest/stability, StatsCanada surveys) and inventory information from Producers but the rest of the Industry doesn't have to report. Why do our numbers matter so much?

[tipsy]

From what I see in my canola fields and my neighbour's canola field's and from what I read from this and other farm web sites. I find myself wondering who is going to go short canola first. The elevator system and export program or the crushing industry??
My guess would be Harrowby first then Yorkton crush and about the same time the export program..
And from my sideline seat the industry better hope the carry over numbers are some what accurate!!!