Check out canola!!

[furrowtickler]

Running up good this a.m.

[TOM4CWB]

FURROW;

LARRY THINKS ABOUT.. just under 10MMT 2010 crop WITH 250Kmt carry over Aug 1 2011.

good basis levels on the way....

WHEN THE HTP ELEVATOR SAYS... BOOK IT OR YOU CAN'T GET IT IN.... THEiR JOB IS TO BUY GRAIN... NOT TURN IT AWAY...

<(>;{ Grin!

[TOM4CWB]

250Kmt oops 250,000t

[SASKFARMER3]

Ah reality is finally setting in. I have said all along that the crop in Canada is a dud this year. When you take the NE out of equation and add flood damage to rest its huge. Then throw in Problems with US crop. Their is still seed in farmers sheds in SD and Minnesota etc. To wet to seed also now throw in heat. Oats is the sleeper their is none in the country and the processors are trying to fill up their silos with cheap product from farmers willing to sell or forced to sell. To bad stats Canada couldn't get their shit together and do like USA. REDO due to unprecedented flooding. Also I wish we had a JD crop tour for Canada where experts check crops from Albert to Manitoba and give information. Most years would greatly help farmer.

[boarderbloke]

new forecast, heat dome to move over midwest, and further north than most thought. corn hit $4.00 over night in the Dec. corn up $0.56 since June 29th.

http://www.agriculture.com/ag/weather/index.jhtml?pagenav=market

[mcfarms]

after a year of nothing but good news for production worldwide we are for sure seeing a period where alot of the news is bad. Russia now says worst heat wave in 40 years some say a century
This rally has a little to do with Canada but a whole lot more to do with Europe, and whats going on there right now.
This also bears watching for other crops as germany/ france produces alot of malt barley too.

[boarderbloke]

I agree mcfarms, I too think this is largely about Europe/Russia. There are bigger problems there, than we've been hearing about.

[bucket]

And lucky for those with wheat because the cwb made some excellent sales to saudi arabia and china.

And then the run up came. Interesting.

All the satelite equipment in Winnipeg put to such good use.

[Choice2U]

Correct me if I'm wrong but if the US Minn market goes up and the CWB has substantial sales already, is this not the time to consider a FPC. I haven't been watching it lately because I only have 1 qtr of HRS this year.

[broker]

Harrowby already at $10.50 for Aug delivery....