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Cdn Grain Demand Picking Up

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    #25
    Originally posted by furrowtickler View Post
    India .... hence the run up recently in red lentils
    The farm work force is concentrated in groups ... or was .
    Agree with Errol , they all will .
    A friend of mine who comes from what sounds like a bigger than some farm in the Punjab tells me the are just starting what he calls the "wheat" harvest but it sounds like he means crops like our spring seeded grains.

    He says they have combines so they can harvest the crop but have no hired help due to lockdown.

    Sounds like they have 3 separate parcels but have to haul all the crop home to protect it from thieves.

    Says they can't deliver due to the lockdown but have storage in open front sheds with some make-shift type ground cover.

    The hired crews are mainly to gather and chop the aftermath that is used for fodder for their dairy buffalo. This sounds like a major part of the income and they can't sell milk due to the lockdown.

    The "cops" beat anyone caught it the streets and a days wages buy them enough to eat that day.

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      #26
      Originally posted by shtferbrains View Post
      A friend of mine who comes from what sounds like a bigger than some farm in the Punjab tells me the are just starting what he calls the "wheat" harvest but it sounds like he means crops like our spring seeded grains.

      He says they have combines so they can harvest the crop but have no hired help due to lockdown.

      Sounds like they have 3 separate parcels but have to haul all the crop home to protect it from thieves.

      Says they can't deliver due to the lockdown but have storage in open front sheds with some make-shift type ground cover.

      The hired crews are mainly to gather and chop the aftermath that is used for fodder for their dairy buffalo. This sounds like a major part of the income and they can't sell milk due to the lockdown.

      The "cops" beat anyone caught it the streets and a days wages buy them enough to eat that day.
      Ya , it’s not going to be a good outcome for food production in India , and other countries that rely on a large work force
      Last edited by furrowtickler; Apr 3, 2020, 22:15.

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        #27
        Laird Type Lentils ⬆️💪

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          #28
          The price contagion from oil to corn and ethanol and the rest of the grain complex could be very problematic. Has anyone seen any numbers on how Coronavirus has and will slash gasoline/ethanol consumption?

          In Jan China dropped the plans for E 10 mandate. This was likely due to a 3/4 drop in domestic corn stocks from levels seen in 2017 when the mandate was first considered.

          It does seem like this is a good time for China to consider a rebuild of corn stocks. Prices are lower and it would be in keeping with the trade agreements made as of late.

          Can anyone speak to the significance of the numbers out of usda regarding China’s new crop corn purchases. I hear large purchases. If these large purchases continues, it should lend to the idea that the Chinese have intentions to rebuild domestic stocks. I think food security 1 - 2 years our, should be weighing heavy on the minds of many.

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            #29
            Originally posted by workboots View Post
            The price contagion from oil to corn and ethanol and the rest of the grain complex could be very problematic. Has anyone seen any numbers on how Coronavirus has and will slash gasoline/ethanol consumption?

            In Jan China dropped the plans for E 10 mandate. This was likely due to a 3/4 drop in domestic corn stocks from levels seen in 2017 when the mandate was first considered.

            It does seem like this is a good time for China to consider a rebuild of corn stocks. Prices are lower and it would be in keeping with the trade agreements made as of late.

            Can anyone speak to the significance of the numbers out of usda regarding China’s new crop corn purchases. I hear large purchases. If these large purchases continues, it should lend to the idea that the Chinese have intentions to rebuild domestic stocks. I think food security 1 - 2 years our, should be weighing heavy on the minds of many.
            Can anyone speak with confidence on any Chinese numbers ? God forbid one questions what the righteous Chinese say nowadays !!
            Be racist and all ..

            Comment


              #30
              Originally posted by workboots View Post
              The price contagion from oil to corn and ethanol and the rest of the grain complex could be very problematic. Has anyone seen any numbers on how Coronavirus has and will slash gasoline/ethanol consumption?

              In Jan China dropped the plans for E 10 mandate. This was likely due to a 3/4 drop in domestic corn stocks from levels seen in 2017 when the mandate was first considered.

              It does seem like this is a good time for China to consider a rebuild of corn stocks. Prices are lower and it would be in keeping with the trade agreements made as of late.

              Can anyone speak to the significance of the numbers out of usda regarding China’s new crop corn purchases. I hear large purchases. If these large purchases continues, it should lend to the idea that the Chinese have intentions to rebuild domestic stocks. I think food security 1 - 2 years our, should be weighing heavy on the minds of many.
              Export sales for corn up till Mar 26 show no corn on the books to China for future years.
              They had only shipped 59,800 tonnes as of Jan 2, 2020 for the current year which ends August 30.
              Since then China has put 756,000 tonnes on the order book for the current year with 61,100 shipped.
              Compares with 466,300 shipped and outstanding last year by this date.
              China corn imports are forecast at 7 MMT for the current year
              Demand for gasoline has plunged. that means less ethanol needed too. Plus the blending rates not being maintained.

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