Bad news, good news
I've just returned from a week in Saskatoon taking in the sights and sounds of Crop Production Week. As always, each day featured lively discussions about everything from agronomy, to policy and trade issues, to market outlooks.
By far, the most popular and well-attended meetings at the show involved one of two things — markets or weather.
The bad news? According to Drew Lerner of World Weather Inc., most of the Prairies is still going to be wetter and cooler than average this summer. The good news is he doesn't think it'll be as bad as 2010, and we might even get a break from moisture in April.
Maybe the better news, however, was found in the market outlooks. As it stands, (and yes, we're a ways out from extensive new-crop price discovery) all but maybe peas and mustard sound downright profitable.
Now, if we can just get a crop in the ground in a timely manner.
Here's hoping.
By far, the most popular and well-attended meetings at the show involved one of two things — markets or weather.
The bad news? According to Drew Lerner of World Weather Inc., most of the Prairies is still going to be wetter and cooler than average this summer. The good news is he doesn't think it'll be as bad as 2010, and we might even get a break from moisture in April.
Maybe the better news, however, was found in the market outlooks. As it stands, (and yes, we're a ways out from extensive new-crop price discovery) all but maybe peas and mustard sound downright profitable.
Now, if we can just get a crop in the ground in a timely manner.
Here's hoping.
0 TrackBacks
Listed below are links to blogs that reference this entry: Bad news, good news.
TrackBack URL for this entry: http://bloggn.grainews.ca/cgi-bin/mt/mt-t.cgi/460
Leave a comment