crop progress in canada

[hedgehog]

hey, how are your crops growing now? have they got away from the wet?
now that the harvest has started in britain, the heavens have opened.

[TOM4CWB]

hedge,

Crops have come a long way in the past two weeks. Still two weeks behind in many areas... need warm weather to continue!

[freewheat]

Where they didn't sit in water they are
pretty good, not amazing but fairly
solid. But many acres were drowned out
in June. And they are very late. There
is some promise in our area. We have
finally got some decent heat, the first
time having sunshine for consecutive
days, for what seems like years, and
that is helping.


At this point, where I am, I'm calling
for an average yielding crop, minus the
drowned out acres, so a bit below
average whole farm yields overall.

[groundspeed]

Leaf deseases present in cerial crops, needs fungicide treatment. Watching canola for sclerotinia. Hope there are no bug outbreaks, big canola acres in my aera.

[dave4441]

Where at groundspeed?

[TOM4CWB]

July 8 Highlights:

Wheat futures traded higher this week with CBOT nearbys leading the way. Fund buying following last week’s sharp decline supported prices. Spillover from gains in corn also supported CBOT prices, while seasonal harvest pressure limited gains in KCBT prices. Overall, the CBOT July contract gained 66 cents this week, closing at $6.50/bu on Friday. The KCBT July contract gained 4 cents on the week to close at $7.07/bu, while MGEX nearbys gained 19 cents, to $8.50/bu. Corn prices were higher this week with a reported sale to China and growing concerns that warm, dry weather in the Corn Belt could limit yields. CBOT July corn gained 31 cents from last week, closing at $6.72/bu. Soybean prices were also higher on weather concerns and spillover from gains in corn and wheat. The CBOT July soybean contract gained 29 cents, closing at $13.52/bu.

July 11 Canola closed at $578.40/t and Nov 11 Canola closed at $563.40/t

Agriculture and Agri-Food Canada reduced its 2011/12 Canadian all-wheat production estimate in its latest market outlook report. The agency reduced its projection from 25.5 MMT last month to 24.0 MMT due to a reduced seeded area from this year’s wet spring.
The Buenos Aires Grain Exchange reduced its planted area forecast for Argentina’s 2011/12 wheat crop due to recent rainfall that has delayed plantings. The exchange now projects Argentina’s planted area to reach 4.7 million hectares this year, down from its previous forecast of 4.95 million hectares.
In its first estimate of the year, the French Farm Ministry forecasted 2011/12 French soft wheat production at 32.0 MMT. This is down 10 percent from 2010/11 production and slightly below French analyst Strategie Grains’ current estimate of 32.1 MMT.
HRS FOB basis prices were lower this week for deferred months as harvest approaches. HRS 13.5% protein out of the PNW for delivery in September stood at $2.10/bu, down from $2.50/bu last week.
The ICE Dollar Index was higher this week, standing at 75.12 on Friday. This is up from 74.34 a week ago.
The Baltic Panamax Index was slightly higher this week, gaining 94 points from a week ago to close at 1,684. Maritime Research’s Grain Freight Index was unchanged from a week ago at 559.2. Destination rates were also unchanged.

[groundspeed]

north east sask