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So at $500 a ton Canola how many acres will We have in 2013!

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    #41
    should be 50 cent/lb soybean oil. Do you see a rally in world vegetable oil prices?

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      #42
      i will disagree with SF3 because he is not a bull nor a bear but the other animal in the old saying that is always getting slaughtered

      i will agree with Mbratrud. We need healthy corrections. this is one at a historically prevalent time. world macro's to me are looking better than they have in quite some time.
      the traders have all left for Christmas hence the thin trade.

      lets all relax and remember this downward revision in the first or second week of January, when we look back and realize just how much more demand these lower values have created.

      Comment

        #43
        Charlie, clubroot areas are growing in
        Alberta, due to what? Good sound
        angribusiness? Its because of greed, or
        making a profit, guess both are the same
        in Comedian framing. Whatever ya wanna
        call it, the golden goose'll soon be
        plucked once canolie is totally infested
        with clubroot. Course clubroot moves
        via dirt spread around, not by poor gag
        operations er does it. Maybe the spores
        are being scattered in seed, grown, who
        knows where?

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          #44
          December 19 CME Volume Report.

          "hence the thin trade"

          Don't think so....

          Bean volume today was 253,304 and 52% over yearly daily average. There were 34.468 million tonnes of bean futures contracts that traded today. This from a country projected to have 3.54 MMT left at year end.

          Estimated bean volume for December 20 was 298,471 contracts.

          Corn volume was 224,209 and 15% over the daily average. 28.476 MMT.

          Estimated December 20 volume was 262,306 contracts.

          Hardly thin trade...

          Comment

            #45
            commercials

            look it up

            Comment

              #46
              lol...i'll do that

              you look up the definition of thin trade.

              Comment

                #47
                If SA grows a decent or large crop and if the USA winter wheat crop gets going in spring and the USA gets some water next year by the time we harvest it will be UGLY!!!!!!!!!!!!!!!

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                  #48
                  10 inch soil moisture deficit in the corn bely and people think that winter storm solved the problem.

                  My best guess says corn yields might hit 130bpa. More acres but the acres coming in are non-traditional acres, tey are chasing the dream.

                  If the drought expands, it won't be pretty for sure.

                  Comment

                    #49
                    12 in snow has roughly 1 in water. Snow won't solve drought problems. They need spring flooding.

                    Comment

                      #50
                      This recent storm came with very high winds, and we all know what happens when snow comes with high winds. Besides they till most of their land.

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