Stats Canada Canola

[Guest]

Canola Production at 18.7 mmt. At low end of traders estimates. Average yield 40 bu/ac. Market is strong again this morning.

It’s still to high

[Guest]

Interesting to note that Neil Townsend’s prediction was for 20.2 million tonnes, turns out he was a bit optimistic!

Why isn’t he brought to the fire and made to stick his feet in
Look at the the free airtime that he got and didn’t have a clue
Who in **** would hire that outfit

[AlbertaFarmer5]

Anyone have a link? Only thing I can find requires a subscription.

[errolanderson]

Why isn’t he brought to the fire and made to stick his feet in
Look at the the free airtime that he got and didn’t have a clue
Who in **** would hire that outfit

BE NICE! Treat everyone like you would want to be treated . . . who says Stats Can is right anyway?

[checking]

Farmers are mushrooms with the appropriate comments that are tagged with them

Errol, you are the humus that bind us.

[Guest]

BE NICE! Treat everyone like you would want to be treated . . . who says Stats Can is right anyway?

Bullshit
You have to ask him why he didn’t go for a drive or know that you can’t grow bumper canola with a hot dry spell like that
Or maybe listen to a farmer
You have to ask yourself why all these “experts” pushed this horseshit long after even the most out of touch people knew
I’m sick and tired of these games they are playing with our livelihoods just so some leach can bleed us a little more
Anyone that thought there was a bumper canola crop by the second week of august is sadly out of touch or has his own agenda
And no this stats can report is definitely not right as is obvious by the price being offered
You see the people that need to know , know exactly what there is , just us mushrooms are kept out of the loop
And stats can has a real problem with the bullshit report from last year , now they can’t use this “bumper” crop to make it work on paper two years down the road
And by the way , what’s wrong with asking a “self described expert” where he was coming from , him and a whole bunch more ????

[Rareearth]

And to be fair I’m a farmer, I had no idea ( greed - hope - fear - panic) what our yield was going to be.

When early yield reports (gossip, rumours) of the early seeded, outstanding germination, early crop development, that some what beat the heat/dryness I knew it wouldn’t be big. I considered our crops and area average this year. That’s 75 mph scouting, I recognize heat blast pale yellow, blank tops, etc plus no moisture to fill.

I think the big story could be the dryness going into the fields in late April, and there will be no carry over stocks, terminals will be shut down for maintenance July 1

I’m not a pessimist, try to focus on opportunities with realistic assessments.

[checking]

I sometimes wonder if terminals know any more than farmers, and all they really know is that they accept the lowest farmer targets that get their next train filled. I only say this because I would rather deal in cash prices, but that is always limited tonnes, at limited times.

I had a harvest B of canola with a disabled tractor. It wasn't important to get it going until after harvest conclusion. Fixed the problem in later September, and decided rather than find a bin for the load I'd try a terminal which was at around $11, and save the hassle. The response was, "oh no, we can't take it. We have lots of undelivered client contracts coming in this week to fill our next train".

Now its, thanks for the extra $4,000.00. I'll bin bin loads all day for that.

Again, do they know any more than us mushrooms that are all in the humus bed, other than the five second advantage the humus might have in getting the nutrients to the mushrooms.

[sumdumguy]

People who profess to be experts offer themselves up to be targets. They should get in the game, do the research, walk the walk or face the music. Farmers’ returns are damaged by these self-proclaimed prophets. I remember full well how we struggled and squirmed like wet mice to try to get the special crops industry going. Trouble is there are vested interests who control and we allow it, even pay them.

[bucket]

I sometimes wonder if terminals know any more than farmers, and all they really know is that they accept the lowest farmer targets that get their next train filled. I only say this because I would rather deal in cash prices, but that is always limited tonnes, at limited times.

I had a harvest B of canola with a disabled tractor. It wasn't important to get it going until after harvest conclusion. Fixed the problem in later September, and decided rather than find a bin for the load I'd try a terminal which was at around $11, and save the hassle. The response was, "oh no, we can't take it. We have lots of undelivered client contracts coming in this week to fill our next train".

Now its, thanks for the extra $4,000.00. I'll bin bin loads all day for that.

Again, do they know any more than us mushrooms that are all in the humus bed, other than the five second advantage the humus might have in getting the nutrients to the mushrooms.

IMHO ...if you cant deliver spot....the system isn't working to find price discovery...if they are a month behind in contracts then the system is backlogged and thats how they are controlling the price for their benefit...