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? Canola decline

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    Junior Member
    • Jan 2010
    • 2
    #1

    ? Canola decline

    Can anyone explain what is happening to the price of canola. Why is it falling? Will we see any price rallies?
    Tags: None
    • cchurch
      Senior Member
      • Feb 2008
      • 205
      #2
      The price will go up when the grain companies are confident that farmers have no more canola left to sell for the year.

        Comment

        • ado089
          Senior Member
          • Aug 2004
          • 1754
          #3
          The USDA is playing games so that they can import some cheap beans from south america. They'll mesteriously lose a few million tonnes in march and drive up the price in March to buy bean acres and reduce subsidy payouts.

            Comment

            • Hopperbin
              Senior Member
              • Dec 2007
              • 6562
              #4
              The market has not taken into account heated and drying shrink yet. The heated won't go into human consumption market.

                Comment

                • fjlip
                  Senior Member
                  • Oct 2002
                  • 9864
                  #5
                  A comment on NAT suggests lower prices now will be used for US crop insurance values saving Gov money. Every crop in the world looks in oversupply using their numbers. Sure hope they are wrong or just fudging the near term. Weather somewhere during growing season usually brings bulls back.

                    Comment

                    • bucket
                      Senior Member
                      • Jan 2008
                      • 17029
                      #6
                      Are those plants that the ceo's said would be running soon not quite ready to go?

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