Loading...
The Rural Voice, 2019-08, Page 72representatives called growers and asked them how many acres they had planted or intended to plant by crop, on all their acres. This phone survey is massive and is likely not repeatable by any other group. The reason I say that it is not repeatable is because of the sheer size of the review. For this survey the USDA gathered data from 68,000 individual farms. From this information they applied statistical techniques to determine this portion of their estimate. The second portion of the survey involves the physical inspection of blocks of land. USDA representatives go to the fields and survey what crop is actually planted in pre-selected blocks. If no crop (or crops) is planted yet within that block, the USDA representative contacts the grower to determine planting intentions. The survey blocks are each one square mile, and therefore could cover multiple different farmers. In total this survey involves 9,000 square mile blocks or 5,760,000 acres. This survey involves 31,000 farmers. Therefore, in total, the USDA surveyed 99,000 farmers to gather data for their June 28 report. As we sit here today, we recognize that while it may not be completely reflective of the actual conditions in the field, it is not overly prudent to discount their information completely. Therefore as the market prices faded from their highs, the large commodity funds have been selling their positions, demonstrating that they do not want to be offside from the USDA’s data. From this discussion the take-away point today is that the market will likely drift until planted acres are confirmed on August 12. As we enter wheat harvest in Ontario, quality has been top of mind within the trade. With the widespread frequent rains experienced almost everywhere, concern of vomitoxin has been prevalent. There have been reports of extremely high vom in parts of Indiana, however as harvest moved north into southern Michigan and northern Ohio quality has been better. Hopefully this trend continues into Ontario and we see quality wheat. ◊ Markets 75 Wellington Street, Clinton, ON www.huron.com ~ info@huron.com 519-482-8400 Creating partnerships for Healthy Food and Feed Marketing your crop productions to the global consumer @NWMOCanada Dig deeper, learn more by visiting nwmo.ca We’re scientists, engineers, safety experts. And PROUD CANADIANS. At the Nuclear Waste Management Organization, we’re responsible for Canada’s plan for the safe, long-term management of used nuclear fuel. Canada’s plan involves safely containing and isolating used nuclear fuel in an area with suitable geology and informed, willing hosts. Every day, we are conscious of our duty to be accountable to Canadians—to work and learn together, and to protect our safety, our environment and this beautiful land. August 2019 69