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Market run....

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  • furrowtickler
    Senior Member
    • Dec 2004
    • 22188

    Market run....

    Being a marketing thread lets hear some more thoughts on this. Canola, oats, canary seed are all movin, what about hrsw, peas, lentils - whats the vibe out there? Larry, cotton? How long do we wait with stored non-board grains/oilseeds? I am thinkin about ten more days at least, but spring bills mounted up fast. Thoughts - opinions?
  • Partners
    Senior Member
    • May 2010
    • 3105

    #2
    Start pricing canola @ $10.00....There is less than everyone thinks, and if it rains anymore....But how much will they pay? before it is out of reach?

    Comment

    • Fransisco
      Senior Member
      • Feb 2007
      • 3859

      #3
      It's never a bad thing to sell into a rally. Don't try to pick a top. Know where your break-even points are. And don't be scared to take a profit when you see one.

      Comment

      • agstar77
        Senior Member
        • Jul 2001
        • 6269

        #4
        This crop will not get bigger , only smaller as the extent of the flooding damage is known. The U.S. is also getting wet feet, things could get really interesting.

        Comment

        • haveapulse
          Senior Member
          • Dec 2005
          • 374

          #5
          I have yet to see an amazing canola crop, and it is June 15: the whole region is late, a very small percentage of the acreage of anything is seeded in ideal timing, we have a big rain in the forecast again, so I figure best to let the market worry, very simply because it has plenty of reason to. It is not like we are going to grow a bumper crop this year!

          And for once the world may come to appreciate the crop we grow!

          Now if only someone could tell Allan not to sell the wheat crop cheap.

          Comment

          • boarderbloke
            Senior Member
            • Sep 2007
            • 1991

            #6
            if you think we're wet, here's a map of rainfall from June 8-15. now you know why the winter wheat harvest isn't going very well. the yellow areas of the map represents 8 inches in that time frame.

            Comment

            • boarderbloke
              Senior Member
              • Sep 2007
              • 1991

              #7
              Will non Triffid flax, this Oct-Nov be priced with a 2 out front?

              Comment

              • SASKFARMER3
                Senior Member
                • Feb 2006
                • 14485

                #8
                I have been calling this disaster since mid may, and heard every thing from quit complaining, you just whine to much, its only NE Sask, rain makes grain, etc etc. Reality is a foot or more of rain is a monsoon. Regina is on radar to get an additional 2 inches this next storm. Simply after spraying some 2000 acres of our land I am seeing one thing. Were loosing acreage each rain event. Their are huge areas that were seeded that are now gone. Plants cant sit in water. Period. This crop is getting smaller and smaller. Only problem I see cropping up is that when the seeded acreage report comes out guys will put full quarters down for crop insurance because most farmers know this crop could be toast come august with a frost and to maximize on crop insurance is better than the 50 acre. So it will seem that their are more acres seeded that their actually is.

                Comment

                • cottonpicken
                  Senior Member
                  • Apr 2006
                  • 6993

                  #9
                  4 more hours of seeding and im done at 92%.

                  Like charlie had posted before the crops that
                  saskatchewan controls in supply could get real
                  interesting.

                  Didnt flax hit 17 decades ago?In todays dollars that
                  equals.....to bad it isnt traded on exchanges that will
                  cap any monster monster rally.

                  Comment

                  • wade
                    Senior Member
                    • Oct 2000
                    • 287

                    #10
                    Last time I claimed unseeded acres, C.I. (Alberta) came out and GPS it. Mind you it was only a small area and not wide spread like this year. Will be claiming 1/3 unseeded this year!

                    Comment

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