Gus Ternoey's Blog – July 2012 Archive (3)

New Ploughing Record Set!

This is no record that will make the evening news, or ever the local newspaper, but a first none the less.

My cousin joined me in the field for first ever 10 furrow round. Up until now this field had never seen more than my 5 furrow plough. But on…

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Added by Gus Ternoey on July 30, 2012 at 2:41pm — No Comments

The wheat is off, the crops are sprayed, the pressing field work is behind me. There is always more to do, but its no longer time critical. Sure i can pull some weeds in the field, but it doesn't need to be done today. The wheat stubble needs to be plowed, but no rush, I would prefer a good rain to sprout the lost wheat before I start anyhow. Sure the free range chickens and turkeys need constant attention, but that has become no different than doing the laundry, its just part of life.…

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Added by Gus Ternoey on July 13, 2012 at 12:38pm — No Comments

A Slow Start to Wheat Harvest

I almost made my first round with my R52 Gleaner, but didn't quite make it.

It started out well, ran a moisture test from the front headland at under 14%. Then I started adjusting the concave to get a better sample. Stopping every 100 ft to check to see how much grain I was throwing over. Opened up the fan damper, tightened up the concave again, adjusted the sieve. Still a bit of chaff and heads in the bin, but Beacher Wheat is hard to harvest. Now starting to put some material through…

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Added by Gus Ternoey on July 3, 2012 at 6:24am — 2 Comments

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Pulse Market Insight #300

Indian Monsoon Outcome Key for Pulse Outlooks We think it’s important to not react too quickly to weather events, and particularly forecasts. For example, the crop outlook in western Canada has already made a number of sharp U-turns, and it’s only mid-June. As we get further into the growing season, outcomes will become more certain and the outlook will become clearer. Even though we don’t want to bet too much on weather forecasts, there is a potential situation in India that certainly bears watching. Recently, the Indian Meteorology Department lowered its rain forecast for the southwest monsoon season to 90% of the long-term average, based on the potential for a large El Niño event. This was the lowest IMD monsoon forecast in at least 20 years. The actual monsoon performance doesn’t always line up with the IMD forecast, but the accuracy of its forecasts seems to be better in recent years. While there’s plenty of uncertainty in the forecast, it’s worth noting that back in 2014/15 an

Chicago Close: Lower Ahead of U.S. Juneteenth Holiday

Corn, wheat and soybean futures all finished lower on Thursday as traders adjusted positions ahead of the long U.S. holiday weekend. Chicago markets will be closed Friday for the Juneteenth federal holiday. Corn futures weakened despite generally supportive export news. The USDA confirmed private sales of 285,775 tonnes of corn to Mexico for delivery during the 2026/27 marketing year. Meanwhile, today’s weekly USDA export sales report showed about 1.16 million tonnes of old-crop corn and 519,035 tonnes of new-crop supplies. Old-crop sales were within trade expectations, while new-crop bookings fell short of the upper end of forecasts. July corn lost 3 ½ cents to $4.17 ½, and December dropped 4 ¾ cents to $4.44. A stronger U.S. dollar added pressure across the grain complex after the Federal Reserve’s policy meeting on Wednesday reinforced expectations for higher interest rates. A rising dollar makes U.S. agricultural commodities more expensive for overseas customers. Wheat futu

Saskatchewan Crop Conditions Slip but Still Strong

Saskatchewan crop conditions generally weakened through the first half of June but remain strong overall. Thursday’s crop report pegged the Saskatchewan canola crop at 76% good to excellent as of Monday, down 13 points from the province’s initial 2026 rating of 89% on June 1. Spring wheat was rated 82% good to excellent as of Monday, down from 90% on June 1. Durum slipped just 1 point to 89%, while winter wheat fell 6 points to 79%. Conditions also deteriorated for most feed grains. Oats declined 8 points to 80% good to excellent, and barley dropped 6 points to 83%. Among pulse and specialty crops, peas fell 6 points to 85% good to excellent, while chickpeas declined 3 points to 93%. Mustard dropped 4 points to 88%, and soybeans were down 6 points to 70%. Flax was unchanged at 87%, and lentils were down 9 points at 86%. Canaryseed was one of the few crops to improve, edging up 1 point to 88% good to excellent. Saskatchewan seeding advanced slowly over the past week, hitting