FarmLink Analyses StatsCan June 2012 Report

The StatsCan June 2012 Acreage report was released yesterday and the surprises were limited but instead firmer confirmation of the 2012 seeding choices of farmers.  Lentils were higher than expected, canola acres are above 20 million acres and barley has sprung back to higher levels than two years ago.

Jon Driedger. FarmLink Marketing Solutions talked with me about the report and what some of the market impacts are and whether FarmLink has some different feelings on the acreage forecast from their own analysis.

FIND OUT MORE ABOUT FARMLINK MARKETING

Here is the comparison between the FarmLink and Statscan’s forecasts.

                              

FarmLink June 2012 Estimate

Stats Can June 2012 Estimate

Spring & Winter Wheat

18,500

19,102

Durum

4,900

4,710

Barley

8,100

7,365

Oats

3,100

3,074

Canola

20,400

21,273

Flax

900

1,074

Peas

3,400

3,495

Lentils

2,150

2,610

Corn

3,562

3,638

Soybeans

3,969

4,316

 

If you cannot see the embedded video below, click here

 

Shaun Haney

Shaun grew up on a family seed farm in Southern Alberta. Haney Farms produces, conditions and retails wheat, barley, canola and corn seed. Shaun Haney is the founder of RealAgriculture.com. @shaunhaney

Trending

Henry Vos: Why I Stepped Down From the CWB Board of Directors

This week Henry Vos resigned from the Canadian Wheat Board for several reasons.  I talked to him this morning so that he can get his reasons in the open and in the clear.  Whether you agree with Henry's decision to resign, it is very visible that Henry feels strongly about his reasons and what is…Read more »

Related

Leave a Reply