Ag Canada trims Canola production. Read for a good laugh.

[Sodbuster]

Let Ag Canada believe a 20 MMT is in the cards, maybe the line companies make some more export sales and eventually canola rockets 🚀 up again. This might be a good time for those that might be short on their contract to negotiate a buyout. Good luck all.

[WiltonRanch]

Starting to sound like Wall Street Bets on Reddit. Hold onto your stocks. Don’t weaken. She’s going to the moon. Lol. Seriously how high can it go before substitution takes effect?

[checking]

Starting to sound like Wall Street Bets on Reddit. Hold onto your stocks. Don’t weaken. She’s going to the moon. Lol. Seriously how high can it go before substitution takes effect?

Perhaps they are substituting with durum. lol

Three weeks ago, August to December delivery #3 CWAD, $11.00, HVK 80. Yesterday, August to September delivery, same stuff, $15.00. Somebody is in trouble, likely farmers.

[quadtrac]

Certainly a huge area of poor crop but there are also some pretty good growing areas that have average crops and in small pockets above average.

[Old Cowzilla]

I'm calling the Duke boys to get some market advice dammit !

[Blaithin]

[furrowtickler]

Certainly a huge area of poor crop but there are also some pretty good growing areas that have average crops and in small pockets above average.

From some “Average” areas


Big plants .... still flowering......

3 viable pods . Area that had some rain

A field full of canola like this would look ok from hiway

[crusher]

Highway 2 corridor from Calgary to Edmonton doesn't look horrible. 110k/h view.

[furrowtickler]

Then there is this happening...


When you actually start looking closer
A result of extreme drought stress causing a hormone imbalance . Not sure how widespread yet . But it’s showing up in early seeded canola in areas

Those sprouted seeds will dry up and be zero

[furrowtickler]

There are some crop experts at Ag Canada ..... and Neil that need to be taught some lessons on agronomy and how plants react in hot drought conditions....