AgricultureNews
Unharvested crop muddles stocks report
Source: Sean Pratt, Producer.com, February 13, 2020
Misleading information contained in Statistics Canada’s latest grain stocks report caused some head-scratching in the industry recently.
John De Pape, president of Farmers Advanced Risk Management Co., thought the Dec. 31 canola stocks estimate of 14.3 million tonnes seemed about right.
But then he read the second paragraph of StatsCan’s Feb. 5 stocks report.
“Because of poor weather conditions during harvest, a substantial amount of crops likely remained unharvested at the time of the survey,” stated the report.
Image Source: Producer.com File Image
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