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MASC Expects Lower Claims This Year

Farmers have until November 30th to fill out their Harvested Production Reports for annual crops.
 
David Koroscil is Manager of Claims Services with Manitoba Agricultural Services Corporation (MASC).
 
"Early indications are it was a pretty good year overall," he said. "I won't say bumper crop by any means, but well above coverage for most producers. It looks like our claim load will be less than it has been in the last three or four years. Still some issues though. Canola, soybeans seeing some pockets where the yields were reduced and again I think it just related to whether or not those specific areas missed out on some timely rains at key points in the growing season."
 
Koroscil notes hail claims were also down this year.
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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

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Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.