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Canola Crop estimated at 19.0 MMT

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    #41
    Originally posted by jazz View Post
    I totally expect some announcement out of FSU or EU or China that those countries will magically increase canola plantings for next season, thus never letting the price get to its actual valuation. Doubt we will never see that next leg up imo.
    The double negative in that last sentence has me confused can you elaborate?

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      #42
      Originally posted by farming101 View Post
      Maybe a bit of Aussie market influence in the futures. Just guessing
      So we should all thank Mallee farmer and his front page news rain?

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        #43
        Originally posted by farming101 View Post
        Maybe a bit of Aussie market influence in the futures. Just guessing
        Ok , 90% manipulation of today’s -$36 hit 😬

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          #44
          Diamondbacks were here, laid their eggs and guess what? Worms in the pods. Great
          If we get anything in the bin, it’ll be a miracle but Todd Lewis says average crop coming to his farm.

          I heard it on CJME today.
          Last edited by sumdumguy; Jul 30, 2021, 17:47.

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            #45
            I heard Todd on ckrm talk about his good crop also Here an hour north of regina peas are coming off anywhere 10-20bu/ac.Canola will be less than 10, wheat counts showing around 20.Most barley has been baled. Crops look great between moose jaw/regina tho.

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              #46
              Canola yields shrivel
              Ottawa’s optimistic forecast met with shock as those on the ground expect more dire outcome

              https://www.producer.com/markets/canola-yields-shrivel/

              “I don’t think there’s a 13 million tonne crop out there, let alone 18.”

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                #47
                Originally posted by jazz View Post
                Canola yields shrivel
                Ottawa’s optimistic forecast met with shock as those on the ground expect more dire outcome

                https://www.producer.com/markets/canola-yields-shrivel/

                “I don’t think there’s a 13 million tonne crop out there, let alone 18.”
                If we do not get 'average' normal rainfall, temps,... this Canola crop can easily shrink... the optimists with the high production estimates must be using normal maturity dates and rainfall, and tempatures, none of which are happening or forecast to occur.

                This past week has pushed Canola maturity dates to 2 weeks sooner than normal, if we get another 4 hot days, it will push maturity to 3 weeks sooner than normal easy. This negates future rainfall from producing more Canola, and shrinks the 2021 crop daily... vs normal rainfall and heat units. Looks to me that over 50 - 80% of wheat, barley, peas, and Canola have reached maximum yield potential on July 31, 2021... if we have 4 more days over 30c with no rain, which must be the earliest maturity date for the western Canadian grain crop in our western Canadian modern farming history since the second world war.

                I can see my peas and wheat significantly change color [ripen] every day; canola coming out of bloom prematurely now...reserve water is gone for the 2021 crop nearly everywhere now.

                Cheers! It could be a very early harvest!!!
                Last edited by TOM4CWB; Jul 31, 2021, 23:05.

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