date:Apr 24, 2013
rops.
The grain industry is in agreement that the CEC was overly-optimistic in the first estimate and that the committee will have to adjust the production estimates for summer crops significantly downwards at their subsequent meetings.
After taking the drought conditions in consideration, post estimates the commercial oilseed crop at 1.44 million tons for the 2012/13 MY, 16 percent more than the 1.24 million tons produced in the 2011/12 MY.