Maybe if you were in a jam.
Ok, that was a joke for all the home canners out there! Their bellies are shaking like a bowl fulla jelly!
I guess you could test it by taking two pieces of wood about an inch wide and glue an overlapping inch of the wood together. Once it has dried, try breaking the bond. If it breaks along the glue joint it's not so good. If it breaks or tears apart the wood, you got yourself a pretty good glue!
Post your results, it should be interesting.