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Houston, we have a problem with Canola + Screwworm in U.S. Cattle!

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  • AgrivilleAdmin
    Administrator
    • Feb 2011
    • 1005

    Houston, we have a problem with Canola + Screwworm in U.S. Cattle!


    A wet weather forecast for the Canadian Prairies this weekend into next week could result in flooded just planted acres plus unseeded canola acres!

    New screwworm detected in Texas could devastate the tight U.S. cattle herd.

    U.S. $ Index breaking above $100 while the CDN $ breaking below 72 cents.

    Bitcoin once a rising star is back to testing support at 60,000 and the 200-DMA at 61.989.

    Broadcom revenue disappointment set off a rotation out of tech stocks ruining the AI party.

    Looks like tough times for negotiating CUSMA as the deadline for July 1 will come and go.

    Short-term weather forecast remains non-threatening with a warm/wet forecast but long-term looks hot/dry for July/August/Sept for U.S. corn belt.

    + CFTC.
  • AgrivilleAdmin
    Administrator
    • Feb 2011
    • 1005

    #2

    Comment

    • MoeAgostino
      Member
      • May 2025
      • 58

      #3
      Will you have unseeded canola acres from the Canadian Prairies? Worst start in June in ag in over 34 years! How much do you have sold for 2026 bushels.

      Comment

      • ajl
        Senior Member
        • May 2008
        • 3263

        #4
        I seeded almost all intended acres of canola. However, some of those acres are now flooded out. Paid crop insurance premium as crop insurance will be needed this fall. Not optimistic at all. Lock bin doors until its is 20+. Rain makes mud not grain.

        Comment

        • agstar77
          Senior Member
          • Jul 2001
          • 6269

          #5
          Just finished spraying to get rid of canola weed in soy. Crops are off to a great start. It all comes down to rain in the summer.

          Comment

          • Grain Farmer
            Senior Member
            • Mar 2025
            • 683

            #6
            Canola dropped like a rock today.
            mud and more mud.

            Comment

            • seldomseen
              Senior Member
              • Sep 2010
              • 2045

              #7
              My canola planted into muddy fields.
              Any big rain will hurt yield not help.
              We need a long stretch of dry so the crop can root and grow.

              Comment

              • SmallTimeOperator
                Senior Member
                • Mar 2021
                • 217

                #8
                Good luck to anyone hoping for $20 canola. In a few weeks the Neil Townsend crop tour will hit the road and predict its annual biggest crop ever. Prices will tank after that, and stay low until next May when it becomes obvious the crop was overestimated in size. Happens every year. Farmers get screwed cause they have to sell to pay bills for the next 10 months and can’t wait for the high next May. Who pays the costs for this crop tour?

                Comment

                • Old Cowzilla
                  Senior Member
                  • Nov 2020
                  • 1605

                  #9
                  Lowest canola acres in our rotation in years of course it will hit $20 that's how we run in our operation Surprising how much wht and winter wht is in the area this spring when you take the back roads.

                  Comment

                  • furrowtickler
                    Senior Member
                    • Dec 2004
                    • 22185

                    #10
                    Canola will struggle to stay where it is
                    too many outside factors and the market hates it if the deem even a few areas have a good crop along with the basis levels . The grain companies will want their share of your hard work and extreme risk

                    Comment

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