Again As Drought looms Why doesnt Canada Report Crop Conditions!

[Braveheart]

The crop condition and progress reports coming out of Manitoba right now are so far off accurate it's beyond a joke.

[Guest]

I second that farmaholic, and you are right on the money horse . not hearing much about pre priced contracts this growing season tho ? lol , guess no one has any signed???

[bucket]

I know guys talking of buying out contracts they may not be able to deliver on.

[farmaholic]

I did flax. Nothing else. Won't sign anything without AOG clause.

I agree Braveheart, but I just wanted to throw it out there. I guess its the inaccurate reporting we should be upset over. Or even worse, the supposed manipulated reports.

[Hopalong]

Have seen similar fears about USDA reports, that they are sometimes adjusted by government in support of economic and political objectives.
Think such fears are overblown.

[SASKFARMER3]

If the USDA would have let the world know the true corn yield the one year corn would have apiked so high the average American wouldn't have been able to feed th selves riots would have happened so they fudged the numbers and sang all is good!
Read today that traders in market don't want to say the d$&@$&t word so their just saying dry need a shower etc!
What a bunch of c$&ts!
Yea the market knows bull shit!

[ajl]

We have almost never seen empty shelves so the reports even in the 2012 drought could not have been that far out. That being said the large crops of the last two years means traders will have to have confirmation of a smaller crop in order to trade it which at this point is coming. I do think prices will move higher as cropping issues surface so now is not the time to be pricing.

[charliep]

To help me understand Sk3, your crop is doing okay.

I suspect everyone is commenting on provincial crop reports. Statistics Canada has only released an intentions report. The actual seeded acres survey will just have been completed (some of you will have been called) and will be released June 30. The first yield/production estimate will be surveyed late July/early August/released last week August.

Your challenges to higher prices are in outside markets. CBT soybean oil futures sit on chart support at 33.5 cents. Wheat futures seem to have some pretty well defined resistance areas.

[SASKFARMER3]

Yea I am in a pocket! I always said the rain years hot us hard and screwed us! But this bill ahoy reporting in canada that everything is great! Take a drive the floods screwed a few gave riches to lots this time a few are ok and lots are days away from screwed! Yet all is fine just don't ever mention drought! Wipe canada out we still mean a bit!
Ah canada nothing to see move on all is fine! No pictures please everything is great!

[blackpowder]

My solve is to stop all media inflow except maybe some twitter. Chill baby, it dont matter anyhow.