Coincidentally, I'm from Russell as well---Russell Manitoba Canada. The main crops here are hard red spring wheat and canola. Canola represents the largest crop by value, and spring wheat would be the largest acreage. Some barley, flax and dry peas. Soybeans are just starting to be grown as they breed shorter season varieties. Corn for silage. Some cattle (cow-calf) produced around the area, but the young guys don't want to do it so I think the herd is shrinking. Bison growing or holding steady.
Going to be a very late start to planting here. We got 8 inches of heavy, wet, white stuff yesterday. Looks more like Christmas than Easter!
Let me know the next time you do that flyover, I'll give you my exact cordinates and step outside to wave out you.
You hit it on the head with irrigation, west and south of me. As far as those circles go, I'd imagine that ground is reserved for corn mostly with a few circles of cotton, soybeans and wheat blended in here and there. The irrigation should reduce the stress caused by drought, but I'm not sure what damage has already been done due to the freeze.
Just took a look at the latest radar map for my area, looks like we've been successful at dodging another rain event. This miss might actually drive the dagger into this wheat crop, although you wouldn't be able to tell by looking at the opening markets.
It will be interesting to see what condition USDA pegs the HRW crop at tomorrow. And what the trade's reaction to it will be.... Do you think expectations are for a drop in condition ratings? CX, can you put up that graph of wheat condition ratings you had up a week or so ago? If I remember it right, in the years where the condition was in the 30%-35% G/E, the crop did not recover.
Could that already be built into the price??
We're getting dry enough now that I will probably forgo my preplant fertilizer application of all milo acres. If we get adequate moisture in season I'll come over the top with either liquid or dry. Not the best management practice by any means but drastic times call for drastic measures. Besides, without rain the best fertilizer in the world is useless.
More rain comming, plenty of wheat in
the world. Going to be big corn crop,
The key, will the record longs believe the
above, or will they believe their brother
In laws at Pawnee rock and leoti?
At some point in time they are going to
Cash out, and when so, kattie bar the
Best thing would be if they would "quietly"
Roll out, and maybe jump in again and
Ride up more, but human nature being what
It is, and most In the. Market have some
Market smarts, they will get some puts
To ride down on.
Thing I've been told about human nature is
That people will buy into the market if
They think it will go up, but they seem to
Go to the options when they think down.