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canola support???

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  • furrowtickler
    Senior Member
    • Dec 2004
    • 21997

    canola support???

    In light or recent events how far down to we go before we find support? Not to worried yet I am 95% sold and the farm is about 70%. Just trying to see where this wash out ends.
  • bgmb
    Senior Member
    • Jan 2007
    • 1645

    #2
    Our farm is 70% or a bit more too. I can't see how there is much canola left in bins not spoken for.

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    • furrowtickler
      Senior Member
      • Dec 2004
      • 21997

      #3
      Looks like it may have been 545 in the may - dipped just below that breifly and is up 10 in the last half hour. buckle up for a bumpy ride. Time to search for a narrow basis and ignore markets for a while. No snow melt here this week yet.

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      • boarderbloke
        Senior Member
        • Sep 2007
        • 1991

        #4
        furrow, did you ever hook-up with anyone on your greens? Could you get $8?

        Comment

        • furrowtickler
          Senior Member
          • Dec 2004
          • 21997

          #5
          Nope, they hit 8 one day then fell back to $7.75 now are 7.30ish. Missed the boat I guess for now. Still hopeing for a run in may june.

          Comment

          • boarderbloke
            Senior Member
            • Sep 2007
            • 1991

            #6
            I'm with ya.

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