Originally posted by agstar77
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That’s 1/2 in rain or less in the driest area with very hot temps coming in this same area ….
Market will try to overstate the “benefit†of that system.
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Originally posted by fcr View PostOld crop cwrs back to $11 , had four terminals call this morning looking .They are also looking to lock in new crop canola and wheat.
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Soil is bone dry from southern Manitoba a long ways south
1/2 rain does literally nothing when that dry in the soil
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Grains board all up on the open.
Oats leaving the $4 barrier behind.
Are there going to be any good oat crops in Manitoba?
Will need regular showers here to make average.Last edited by shtferbrains; Jun 26, 2023, 08:29.
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Some alright looking crops around the country at 65mph from the highway. Earlier seeded stuff has several stages of growth which makes the big yields and quality hard to hit. The North American crop is in trouble for both yield and quality. The only consistent stand I have is oats on grass breaking and hay. Wish I planted more oats.
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The more I check my crops, the more the realization sets in that this is going to be a stinker. Wheat headed out below the knee, plus I don't see any tillers that are going to make anything. Huge blank spots in the canola fields, and no I'm not going to post any pictures because it's that bad.
Just my opinion, but the futures seem more global (and unpredictable) with the basis local. Strong Canadian dollar isn't helping basis but I think there will be a pretty small crop in Alberta, and the locals are going to have to bid up to buy product. I also believe farmers are more optimistic on their crops than they should be. If you caught a rain at the end of May and got a couple inches 10 days ago, then maybe you'll have a chance. I've got 2 out of 25 fields like that. Maybe it's just backyarditis and I'm off the mark. My biggest mistake so far this year was putting that last $10 into NH3 instead of crop insurance.
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Where are you at Crusher? Edmonton area, or do I have you confused with another poster?
Your analysis echoes what I've seen in my travels.
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