Found a few things this last month interesting. It doesn't matter if your over a hour early to dump at crusher ahead of your scheduled time. Their is no long line ups like in early spring. Guys are taking longer to get back so must be cleaning bin bottoms.
So my guess is stats Canada is incorrect with their carry out of Canola for 2014 crop. It is the cupboard is bare. A few have some sitting in bins for insurance but my guess is most have swept the floor. Then today the CWB comes out with their yield estimate.
CWB is projecting Canadian canola output will take a major hit from dry Prairie conditions this year, says a story from Syngenta Farm.
CWB pegged the 2015 crop at just 12.18 million tonnes in a supply-demand table released via the Market Research Services’ Twitter account on Wednesday.
The projection is below a previous CWB estimate of 12.6 million to 13 million tonnes, which was released as part of the June 25 Pool Return Outlook report. It’s also well below an updated Agriculture Canada estimate of 14.3 million tonnes that was released on Tuesday.
I have production a little higher than the 13 close to 13.8 if and a big if the late seeded canola can make it without a frost.
So who is telling the truth in the Canola game, or is it a big hush so the crushers can get the last seed in before the real shit show hits.
I still think yields have been over estimated the last few years in the big new Canola area. Just a little.
Time will tell but will be interesting to see who has a better handle on what's happening out their the Farmer or Stats can or Industry.
So my guess is stats Canada is incorrect with their carry out of Canola for 2014 crop. It is the cupboard is bare. A few have some sitting in bins for insurance but my guess is most have swept the floor. Then today the CWB comes out with their yield estimate.
CWB is projecting Canadian canola output will take a major hit from dry Prairie conditions this year, says a story from Syngenta Farm.
CWB pegged the 2015 crop at just 12.18 million tonnes in a supply-demand table released via the Market Research Services’ Twitter account on Wednesday.
The projection is below a previous CWB estimate of 12.6 million to 13 million tonnes, which was released as part of the June 25 Pool Return Outlook report. It’s also well below an updated Agriculture Canada estimate of 14.3 million tonnes that was released on Tuesday.
I have production a little higher than the 13 close to 13.8 if and a big if the late seeded canola can make it without a frost.
So who is telling the truth in the Canola game, or is it a big hush so the crushers can get the last seed in before the real shit show hits.
I still think yields have been over estimated the last few years in the big new Canola area. Just a little.
Time will tell but will be interesting to see who has a better handle on what's happening out their the Farmer or Stats can or Industry.
<img src="http://i1211.photobucket.com/albums/cc421/farming101/Percent%20Canola%20to%20Process%20Elevators%20from %20other%20sources_zps2ef30siu.jpg" border="0" alt=" photo Percent Canola to Process Elevators from other sources_zps2ef30siu.jpg"/></a>
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