Sask Ag and Food!

[SASKFARMER3]

Just read the report this morning from every one in Sask's favorite crop reporter.(Terry Bedard) Here it is its an above average crop that's 22% done but quality is starting to show up, Yes it rained last week but 2% of the crop was harvested.
Here is the real facts from one of her crop scouts that I know. The guy has two quarters is 70 years old and has a JD 9670sts for a combine. He is 50% done and his peas averaged 55. Canola left. field of Peas is southern slope with no flood problems. Average in area is 25 - 35 for most. Average harvesting is 10 - 20%. Basically peas are done and some barley.
That should be enough information to let most of you know how full of Crap these reports are. The area also had rain every day the last 7 so harvest came to a complete stall. And wait no mention of Frost.
Time to replace this dinosaur and move on with a new system.

[boarderbloke]

SF3, just read the first paragraph or two of this article, "Market Ignores Likely Frost Downgrade to WCdn Crops."
http://news.tradingcharts.com/futures/8/9/113331298.html


They're talking the market down, just as it's done every year, during this season. No more new sales off this farm for now! Check out the weekly Canola chart, there's no doubt in my mind that they're driving canola down to test the support in the $430.00 area.

http://futures.tradingcharts.com/chart/CA/W

[Wheatking]

Why don't you apply to be a crop reporter, I am sure that you would do a much better job, and while your at it you should also tell the market analysts what crop is out there because you appear to know better than any of their analysts. I am serious though about you becoming a crop reporter though, I am sure that they would have you if you asked, alot of RMs have more than one reporter. I always thought Terry did a good job.

[SASKFARMER3]

Wheat king I asked her once and she said she had great reporters. Ask Larry Weber once about meetings with this group he will fill you in real fast as to what the group is made up of.

[SASKFARMER3]

Wheat king if your getting 60 bushel wheat this year or better for an average you can call your self a great wheat farmer. Thats a Manitoba crop in a avaerage year and also NE sask.

[jensend]

http://www.agriculture.gov.sk.ca/rmyields

there's the site to get average yields by crop, rm and year. i think lots of guys tend to confuse potential and average. there's no doubt that good managers will be above average but good managers are affected by frost, drought, hail and hoppers same as the rest.

[parsley]

An interesting pertinent comment in a food trade magazine.

"Cost relief for bakers as bread-making wheat price dips" written by Lindsey Partos 0n Sept 9th, 2008

"Costs may ease up for bakers and snack makers as the price of bread-making wheat moves downwards on the back of strong yields.

Wheat
Prices last week of €180 a ton for bread-making wheat represent a considerable fall from the €248 a ton recorded this time last year.

And while the wheat commodity market showed much volatility over the past twelve months, sending prices soaring for key wheat sourced ingredients such as starch and flour, relative stability could be in sight.

"In response to the higher prices for wheat last year, globally farmers planted more wheat crops. In addition, the weather conditions were favourable, and consequently yields are stronger," an economist at the UK-based Home Grown Cereals Authority explains to BakeryandSnacks.com.

This is a healthy mix of factors, which resulted in a downwards movement in price for wheat over the last two months. And giving ground for further, albeit slightly reticent, optimism for flour and other wheat-based ingredients, global wheat stocks are on the up.

Last year, wheat stocks hit a 30 year low, creating a bulliish market on fears that buffer stocks were far from sufficient to meet global demand. But this year, "wheat stocks are expected to built by about 140 million tonnes," added the HGCA spokesperson."


Parsley

[cottonpicken]

Neighbour tried standing durum.
21% and grading a five.

The western canadian durum crop is in trouble.

[boarderbloke]

cotton, listening to kfyr 550 Bismarck this morning (they actualy have a fair bit of ag commentary on) it doesn't sound as though the North Dakota durum crop is fairing much better.

[furrowtickler]

We have been told that malt buyers are begginig to panic. May try oats again today. A small amount of canola comming off. If we get the oats down to 14.5 - 15 ish there going in airbins. One stong wind and all the good oats will gone.

[skhadenuf]

I agree saskfarmer. Either her or her reporters must have a high rate of metabolism, because they're always out to lunch!!!
Sugar coat everything so much that it's not even realistically useful except as to convince the urbanites that we always have bumper crops.