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    Smoking!!!!

    Commodities reacting to the reports....

    Do Canadian farmers even know what is going on with sales or ending stocks....maybe in 2 years????


    Holy Phuck people that support Gerry Ritz into the hall of fame without mandatory sales reporting are mentally challenged.
    Last edited by bucket; Nov 10, 2020, 13:12.

    #2
    and now he is a councillor
    needed a little top up

    Comment


      #3
      12 dollar canola hard to pass up.

      Comment


        #4
        OOPS US production/stocks/yields estimates below some LOW estimates


        U.S. PRODUCTION (Million Bushels) 2020-21

        Nov Avg High Low
        Corn 14,507 14,645 14,820 14,250

        Soybeans 4,170 4,253 4,320 4,189

        U.S. AVERAGE YIELD (Bushels Per Acre) 2020-21 (WASDE)

        Nov Avg High Low
        Corn 175.8 177.5 179.2 175.0

        Soybeans 50.7 51.7 52.5 50.9


        U.S. ENDING STOCKS (Million Bushels) 2020-21

        Nov Average High Low
        Corn 1,702 2,048 2,215 1,950

        Soybeans 190 239 308 195

        Wheat 877 874 902 818

        WORLD ENDING STOCKS (million metric tons) 2020-21

        Nov Avg. High Low
        Corn 291.4 297.8 302.2 292.0
        Soybeans 86.5 87.6 89.0 86.3
        Wheat 320.5 320.0 322.6 318.9

        Comment


          #5
          At least the farmers know something....In Canada that data would take two years for statscan to calculate....

          Comment


            #6
            and no one will question where the huge, huge carryover went?

            Comment


              #7
              What farmers should be worried about is where the money went....it certainly wasn't into their pockets....had they known some of the sales ...they might have changed their marketing plans....

              Comment


                #8
                At least the farmers know something....In Canada that data would take two years for statscan to manipulate....

                there bucket, i fixed that for you

                Comment


                  #9
                  Originally posted by caseih View Post
                  At least the farmers know something....In Canada that data would take two years for statscan to manipulate....

                  there bucket, i fixed that for you
                  Thank you!

                  Comment


                    #10
                    Originally posted by Partners View Post
                    12 dollar canola hard to pass up.
                    I couldn’t.........had to sell some!!!

                    Comment


                      #11
                      Originally posted by bucket View Post
                      At least the farmers know something....In Canada that data would take two years for statscan to calculate....
                      Hmmm same amount of time it took to find out farmers were illegally over charged by 100's of millions by the CGC. But of course that also took a change in gov't to expose.

                      Comment


                        #12
                        Something is definitely up with canola, Bunge had a Dec 2021 special 12.00 canola this morning, that works out to be about a $0 Basis fob Nipawin. Cargill had some special this morning also, didn’t phone to find out. Clearly I think both carry over and production are overstated. USDA also had numbers for Soybeans come in lower than estimates.

                        Comment


                          #13
                          We all really got screwed nobody is this short of product now start of November and didn’t know about it at harvest. But like others had to sell.
                          Complete robbery. Thanks Gerry for the lack of transparency at least going to us.

                          Comment


                            #14
                            Damn, thought thread had something to do with legs that went on forever.......

                            Maybe it does LoL. Oh the topic police are coming. As God as my witness I thought turkeys could fly.

                            $12.91 May delivery crush here.
                            When do you say to hell with hedge account discipline and just bloody sell??
                            Basis improve more??

                            Comment


                              #15
                              Originally posted by blackpowder View Post
                              Damn, thought thread had something to do with legs that went on forever.......

                              Maybe it does LoL. Oh the topic police are coming. As God as my witness I thought turkeys could fly.

                              $12.91 May delivery crush here.
                              When do you say to hell with hedge account discipline and just bloody sell??
                              Basis improve more??
                              Seems the canola market has legs.....

                              Wheat on the other hand seems to still be on crutches, imho.
                              Hope it doesn't end up in a wheel chair or flat on its back in bed.

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