Did the snowstorm erase the moisture deficit across the prairies? Markets think so?

[AlbertaFarmer5]

The down day in canola yesterday looked to be more technical than anything, and was in sympathy with most commodities, or was this all about the crop saving snowstorm which magically made up for months of drought in one event?

[bucket]

Absolutely... the drought is over...back to the regularly scheduled program of 50 bpa plus yields and a bin building program ...

sarcasm.

the dumb****led farmer. tm.

[TSIPP]

In a few days it's going to be 80% brown out here, looks like there's gonna be a little runoff to the nearest crack.

[bucket]

See....the subsoil will be replenished....more sarcasm.

It never ceases to amaze me that traders or industry officials can have university degrees or the like and promote this kind of nonsense to keep producers on thin margins.

One 10 degree day and the snow will be gone. And back to the 1988 drought....no sarcasm just truth.

[furrowtickler]

Most likely a knee jerk reaction to the lack of previous snow cover
Fact is soil moisture still dismal in those areas , but ya preceived snow will pressure markets a bit.
I clearly remember the “drought busting “ rain in southern sask last May talked about by Ag experts on the radio. Well one rain don’t reverse drought conditions let alone a decent snow in March .

[farmaholic]

The ****en difference is some people "know" the difference between reality and perception. Unfortunately we are affected by both.....lol

[fjlip]

In a few days it's going to be 80% brown out here, looks like there's gonna be a little runoff to the nearest crack.

WTF a unreal difference in landscapes! We are screwed, the mud bowl looks to be back. We could be late seeding. Snowbanks will be here till June! One more flake or a hell of a wind and OMG! About 3' deep in the field, and we were NOT dry last fall.

[Sheepwheat]

Fj. The cbc said this was an important, and valuable snowfall. Get with the program...

[seldomseen]

Tons of snow here and when it melts the ditches and rivers will run full and over flowing and millions and millions of gallons of water will disappear over a couple of weeks. None of this water will help if it is dry during the summer. The ground is frozen solid so not much if any will soak in.

We had good moisture last fall so seeding moisture will be fine but still will need rain in June.

[bucket]

My neighbour just installed a bunch of tile drainage with just an application .. no permit...I guess he gets to try it out now,,,,really too bad the water is coming onto my and others land so he can have dry fields..