Statistcs Canada Seeded Acreage Estimate

[Guest]

i am the worst marketer there is , lol , especially with gun to my head the way they operate nowadays with these stupid f$&@@ onesided bullshit contracts or no delivery

[iceman]

Canary seed could be at 900 and it wouldn't matter this year. Most won't even be cut

[farmaholic]

#1 Yellow seems to flirting with 40 cents. Mine isn't #1, cleaver issues. No anyone who color sorts?

[errolanderson]

guys . . . don't read too much into this acreage report as it's production that counts. Today's Stats Can was yesterday's news.

[farmaholic]

Know not no....

[farmaholic]

Right Errol. And production looks lean around here this year. This will be interesting.

[rockpile]

Totally agree with Errol. The stats reporting period was from May 28th to June 11th. Back then, there was still a lot of optimism on here. Much has changed since then. And it's only a seeded acreage report - nothing to do with yields or with what has taken place since then. And don't forget, not everything is just about the supply side but the demand side as well. And there is a limit to what buyers can afford to pay and when they have no choice but to leave the market. Sheesh!

[bucket]

Errol

What are the ptoduction numbers?

Statscan is still adjusting 2013 results FFS. Won't know 2015 final until 2017.

I can guess pretty well within 10 percent my farms 2015 final production right now.

[bucket]

Those are just rhetorical questions errol to highlight that we really have a ****ed up reporting system in canada.

And I am not blaming you.

Here is the thing. Guys that reseeded have the acre counts done and their cheques already. Crop insurance has that data but it doesn't come into play until when?

There is enough calls in every day to issue a report that says a substantial area of the prairies have a disaster on their hands worse than 88.

Nothing. My tin foil sparks that it's manipulating the market.

[errolanderson]

bucket . . . Nobody knows what the production is pure 'n simple.

Sensing the cash grain price wreck has finally hit a bottom. It will be a more difficult year for grain buyer margins, both cereals and oilseeds. Bullish basis.