The Impact of Unseeded Acres on Commodity Prices – Brenda Tjaden Lepp – Farmlink Marketing

There have been a lot of numbers bounced around when it comes to total unseeded acres across the prairies. If you were to talk to five different people, you’d probably get five different numbers. The CWB estimates somewhere between 4 to 6 million acres have gone unseeded across the west. Those numbers tend to have a relative effect on commodity prices. In a year, that effect may be minimal, but take the cumulative effect of a few bad years, coupled with the fact that those unseeded acres tend to be the same crops and things start to add up quickly.

I spoke with Brenda Tjaden Lepp of Farmlink Marketing about what impact unseeded acres may have on prices, and what we can expect to see as true numbers emerge.

If you cannot see the embedded video below click here.

 

Shaun Haney

Shaun Haney is the founder of RealAgriculture.com. He creates content regularly and hosts RealAg Radio on Rural Radio 147 every weekday at 4:30 PM est. @shaunhaney

Trending

Wheat prices jump into August — This week in the grain markets

This week, winter wheat prices touched a three-year high, but it didn’t last. Chicago SRW wheat prices for September 2018 gained 5 per cent or about 26 cents US/bushel to close at $5.56. While the December 2018 contract was up 5.4 percent — or nearly 30 cents — to finish a tad under $5.80. In…Read more »

Related

One Comment

business review

..Unseeded fields can be considered a break from canola as long as canola volunteers were controlled. ……………………..SaskCanola is sponsoring several events that will address concerns about unseeded acres and other canola-related information.

Reply

Leave a Reply

 

This site uses Akismet to reduce spam. Learn how your comment data is processed.