Stats Can

[jazz]

Seeded acre report

https://www150.statcan.gc.ca/n1/daily-quotidien/220705/dq220705b-eng.htm

[Guest]

https://www150.statcan.gc.ca/n1/daily-quotidien/220705/dq220705b-eng.htm

[jazz]

Looks like a lot more cereals went in the ground. A cease fire in Ukraine and poof they go.

[Partners]

Bly and canola down.
Where is all the wht?
Sure not around here..

[furrowtickler]

Looks like a lot more cereals went in the ground. A cease fire in Ukraine and poof they go.

They already are going poof

[helmsdale]

Looks like a lot more cereals went in the ground. A cease fire in Ukraine and poof they go.

No ceasefire required. All that's needed is for the starving portions of the world to make peace with the idea of settling wheat purchases (regardless of whether the origin is Russian or Occupied Ukraine) in rubles. The west will kick and scream, groan and complain etc... but 3rd world nations, are going to be making the decision rather easily between whether to let their populace starve, or feeding them with Russian grain.

[jazz]

2022 will just become another one of those 1970s old timer stories.

I remember (not me) when wheat was $8 bucks in 1975. And then it never got anywhere close to that value for 30 yrs.

A million acres come off the canola report and the price falls.

[shtferbrains]

Wondering if our Chinese friends are filling their requirements at these prices?

[furrowtickler]

No ceasefire required. All that's needed is for the starving portions of the world to make peace with the idea of settling wheat purchases (regardless of whether the origin is Russian or Occupied Ukraine) in rubles. The west will kick and scream, groan and complain etc... but 3rd world nations, are going to be making the decision rather easily between whether to let their populace starve, or feeding them with Russian grain.

Unfortunately your right

[Wheatking]

I honestly don't see much I can disagree with on this report. From my backyard canola acres are stagnant at 55% lol. Barley is way down and wheat and oat acres are way up. Specialty crop processors ****ed up royally if they wanted acres by not increasing their bids sooner. I'd be nervous if I was a flax, pea or malt processor as this late crop means the odds quality going down every day we don't get above 20c.

[jazz]

I dont know about you guys, but I enjoyed farming better when canola was $10. There is too much volatility and uncertainty. Even my accountant gouged me this yr.

I also wonder about the health of farmers balance sheets. Many did not get a crop last yr, didnt get a lot of help from crop insurance and got reamed on the precontracts and then didnt have any crop to sell into the rally.

Now somehow they were able to get another year financed and here we are with big time input expenses and crop prices tumbling and I doubt many took advantage of fall pricing in the spring with the uncertainty of the weather and late season.

[shtferbrains]

Anyone who had been growing Fababeans grow any or see any around.

They did very poorly in the dry weather last yr. Here if you grew 40 but wheat you got maybe 10 bu beans.

Haven't seen any in my limited travels.

[Old Cowzilla]

Wondering if our Chinese friends are filling their requirements at these prices?

Chinese were cancelling bean contracts today down south so i guess they want to buy it cheaper. I gonna try that the next time I preorder something

[helmsdale]

I honestly don't see much I can disagree with on this report. From my backyard canola acres are stagnant at 55% lol. Barley is way down and wheat and oat acres are way up. Specialty crop processors ****ed up royally if they wanted acres by not increasing their bids sooner. I'd be nervous if I was a flax, pea or malt processor as this late crop means the odds quality going down every day we don't get above 20c.

Yes sir! We are typically a quality over quantity production area. #1cwrs/cwad comes off mid to late August and the only issue in keeping it binable is heat! We are easily 3 weeks behind with significant 2nd growth potentially putting us into a late September start for cereals harvest.

Wild to watch crops do absolutely nothing for 5-7 days straight with cool, overcast days then try to make it up on days like today when its 72-75° and full sunshine.

Peas and oilseeds should be full flower right now... peas are just getting started, and oilseeds are just nicely bolting. If the tap shuts off and heat does decide to show up, harvest will be right on track as there's ZERO subsoil moisture, but if we continue to get maintenance showers it is going to be VERY late!

[furrowtickler]

Anyone who had been growing Fababeans grow any or see any around.

They did very poorly in the dry weather last yr. Here if you grew 40 but wheat you got maybe 10 bu beans.

Haven't seen any in my limited travels.

Seen several fields in this area , they look good so far . Yes last year was a train wreck