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Dry in all of the Northern Hemisphere but the Market only cares about Russia.

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    #16
    Originally posted by Blaithin View Post
    Funny how that works.

    It was dry here for years and then all of a sudden... it started to rain!

    Never would have guessed it could happen, myself.
    The good lord giveth and taketh away. Enjoy what ya got. Can’t do booger all about it unless you won the free money irrigation lotto😉

    As long as there’s enough cow chow life’s good.
    Crank up the insurance and enjoy the ride

    Comment


      #17
      Hmmm fine line between production hiccup and potential choke.

      As we further delve into the numbers, we can see that the percentage of wheat stocks held by the major export nations are at very low levels.

      The percentage held has dropped as overall stocks increase. The question now remains, are those global stock figures accurate?

      There are rumours of flood damage to Chinese grain storages, and question makes around their actual stock levels. If either of these is true, it points to a situation which could shift very quickly.

      Overall the world has had good production during the past decade. The law of averages says that we are due a production hiccup. There is still a long way until next harvest though, and anything could happen between now and then.

      Some times the more ya read the more you read the harder it gets, booger it hav3 a coffee or a beer

      Comment


        #18
        71% of the Agriculture land in Western Canada is abnormally dry. Ok, genius lets do fun with math then so 29% is really wet.

        Wouldnt that be news, Nope not in shit hole Canada.

        Comment


          #19
          Originally posted by SASKFARMER View Post
          71% of the Agriculture land in Western Canada is abnormally dry. Ok, genius lets do fun with math then so 29% is really wet.

          Wouldnt that be news, Nope not in shit hole Canada.
          Why, WHy, WHY , WHY do you keep bringing facts to this forum....no one likes facts.

          LOL

          Comment


            #20
            unless its about a massive crop or carryover

            Comment


              #21
              Originally posted by malleefarmer View Post
              Hmmm fine line between production hiccup and potential choke.

              As we further delve into the numbers, we can see that the percentage of wheat stocks held by the major export nations are at very low levels.

              The percentage held has dropped as overall stocks increase. The question now remains, are those global stock figures accurate?

              There are rumours of flood damage to Chinese grain storages, and question makes around their actual stock levels. If either of these is true, it points to a situation which could shift very quickly.

              Overall the world has had good production during the past decade. The law of averages says that we are due a production hiccup. There is still a long way until next harvest though, and anything could happen between now and then.

              Some times the more ya read the more you read the harder it gets, booger it hav3 a coffee or a beer
              More wheat has shipped to China from Canada in the 4 months (May-August 2020) then in the 13 months prior to that. (April 2019 - April 2020)

              Comment


                #22
                Originally posted by caseih View Post
                unless its about a massive crop or carryover
                You dont hear the guys around here talking about their big crops they had in july and are are selling for 9.50 because it would have made them money......its more like that 9.50 and the reduced canola crop is a money loser....oh oh.....but wait a second Jimmy Jack Joe we already depreciated grandpa's fortune on that new paint....well do you think grandma has any left in the cookie jar?

                all it takes is 5 bpa decline and things don't look so rosy.

                Comment


                  #23
                  Originally posted by farming101 View Post
                  More wheat has shipped to China from Canada in the 4 months (May-August 2020) then in the 13 months prior to that. (April 2019 - April 2020)
                  And we know now instead of back in May to August on wheat that was probably booked in February?????

                  The fact we don't have sales reporting on simple things like this is just mind numbing to me and highlights the incompetence of Ritz and ROOD ten years back...and to this day it highlights the incompetence of farm groups and conservative MPs.

                  Comment


                    #24
                    Had a nice rain last night in south central sask.Far from filling up the dry sub soil but is a start.About 8 months too early to cry drought for the 2021 crop.

                    Comment


                      #25
                      Originally posted by bucket View Post
                      And we know now instead of back in May to August on wheat that was probably booked in February?????

                      The fact we don't have sales reporting on simple things like this is just mind numbing to me and highlights the incompetence of Ritz and ROOD ten years back...and to this day it highlights the incompetence of farm groups and conservative MPs.
                      Ask yourself, how can a GrainCo sell something they don't own? What buyer would sign an unpriced contract, commit to tonnes only? Then ask yourself how that affects your farmgate prices. Put a lid on things at times?

                      Comment


                        #26
                        How many MM newguy? Wicked NW wind under the STUCK jet won't let any moisture north. Seen this MANY times in my career, wet weather S of us. Worst time is like May 2019 and 2020.

                        Comment


                          #27
                          Nice slow rain here of about 15 mm last night. Most significant rain since july 4th!! nothing earth shattering but its a start.

                          Comment


                            #28
                            Originally posted by SASKFARMER View Post
                            71% of the Agriculture land in Western Canada is abnormally dry. Ok, genius lets do fun with math then so 29% is really wet.

                            Wouldnt that be news, Nope not in shit hole Canada.
                            What makes you assume 29% is really wet? Couldn't it also just be normal? Or portions thereof?

                            Comment


                              #29
                              Originally posted by tweety View Post
                              What makes you assume 29% is really wet? Couldn't it also just be normal? Or portions thereof?
                              Those are the only options.

                              Really dry <———————————> Really wet


                              There’s never anything mid spectrum happening. Just extremes.

                              Comment


                                #30
                                Originally posted by Blaithin View Post
                                Those are the only options.

                                Really dry <———————————> Really wet


                                There’s never anything mid spectrum happening. Just extremes.
                                We are here .... mid spectrum that is
                                Actually a big area here is . Only the far NW is still or was too wet in this part of the prairies .
                                We are sitting with average soil moisture conditions. Don’t happen very often but it is what it is .

                                Will see what happens come mid May ... until then none of us know . But the extreme dryness in a big area of western Canada certainly in concerning at this time . Time will tell

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