In the last Western Producer there was a short article on Statscan yield forecasts, I know this is old news but one sentence in the article caught my eye. Statscan pegs the crop at 19.7 mmt but this barely caused a blip in the price because many in the trade are expecting a larger 20 mmt crop. All I can say is there must be some good crops somewhere certainly not here. Yields in my area are 20-40% below last year. Talked to a buddy up in Manning, it was really dry in their area yields down there as well. Can someone explain to me where the 20 mmt canola crop will come from?
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I have been reading on here a fair bit. One thing to remember that is probably hard to fathom for most of you open prairie, dry area people, is that for the first time in 11 or 12 years, millions of acres of wet areas have finally come back into full production. The crops in some of these areas have been outstanding, after being an area of half crops for over a decade. In our area, this has been the best growing season since 2003. Drier is good for this area. Hard to fathom, probably, but it is true.
So with all respect, I do not see the numbers that far out, because there are these millions of acres that were under producing for years, coming back with a vengeance this year finally.
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22.8 million acres in 2017, 20 million in 2016
FWIW(nothing) I don't think there is 19.7 MMT and that is why the price has held up better than last year at this time.
But there sure could be the 18.2 MMT that was the AAFC forecast for Sept. That would allow for a bu/acre yield over 11% less than last year. Harvest isn't done yet. Have to wait and see.
The final number for 2016-17 isn't even in yet
Yields over the scales north of 60 bpa sure helps the average
Lots of Canola seeded in this area
2016 Canola production in SK
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Not sure how many of u receive twitter updates from pioneer seed reps but the yield results all sound good. Not sure if thats field scale or small strip results. They don't help our cause if they are only reporting results on small scale plots. Whole fields tell a different story.
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Better not be 20 MT of canola, otherwise watch for $6 canola next year. Unseeded acres here all going in canola in '18. There is still land coming into production from hay and pasture and clearing bush coming into production every year around here. Making new farmland every day.
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Originally posted by ajl View PostBetter not be 20 MT of canola, otherwise watch for $6 canola next year. Unseeded acres here all going in canola in '18. There is still land coming into production from hay and pasture and clearing bush coming into production every year around here. Making new farmland every day.
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