7.50 new crop canola

**farming101** · Apr 7, 2015, 08:40

7.50 divided by .8 is 9.375. Ouch is right!

**stonepicker** · Apr 7, 2015, 08:43

Locked some new crop canola in last thur. @ 9.97, not a bad starting point i thought. Guess i can't brag about getting $10.00 for my canola though, LOL

**stonepicker** · Apr 7, 2015, 08:44

It's still over $9.90 this morn.

**TOM4CWB** · Apr 7, 2015, 08:50

New Crop Nexera... off the combine... just grazing $500/t the past few days. will do first increment soon!

**SASKFARMER3** · Apr 7, 2015, 08:58

On the nexera if you get ten less yield is it worth it!

**GOODRUM** · Apr 7, 2015, 09:04

Here we go again , panic forward pricing should guarantee another year of depressed returns .
Give your head a shake! Look at the price of things we have to pay for, these are NOT good prices.

**farming101** · Apr 7, 2015, 09:14

SF3, it might be?
Remember, you get to handle less bushels for possibly a similar per acre return.

**TOM4CWB** · Apr 7, 2015, 09:52

SF3,

new genetic are making yield problem less? New seed this year... time will tell!

**stonepicker** · Apr 7, 2015, 10:02

Goodrum, it's called smart marketing and covering fall cash costs at an historically good price. What's your marketing plan? Do you just haul it in at harvest and risk a drop in prices because of big volumes and harvest pressure? No panic selling here, i'm taking what the market is giving me.

7.50 new crop canola