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12 Dollar canola

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  • Robertbarlage
    Senior Member
    • Feb 2014
    • 1242

    12 Dollar canola

    In 2 months? CargillAg wondering why everyone is bullish? Lol
  • HappyFarmer
    Senior Member
    • Jun 2012
    • 433

    #2
    They are wondering why everyone is bullish canola because they told their market sense customers to go to 100 % sold on canola 2 moths ago....or so I am told.

    Comment

    • Guest

      #3
      that would of been odd advice on their part ? considering canola crop really looked small 2 months ago ? and a couple close calls late aug with frost

      Comment

      • Guest

        #4
        that would of been odd advice on their part ? considering canola crop really looked small 2 months ago ? and a couple close calls late aug with frost

        Comment

        • farmaholic
          Senior Member
          • Sep 2010
          • 17483

          #5
          I cannot for the life of me figure out why anyone would take advice from the very people/companies who are in business, and profit, from the margins they make off you.

          If you want market advice, and its going to cost you either way, why not pay for independent third party advice? No one gets it right anyway, not even those guys. Whats the best you should hope for? Sell in the top 80% of the market range?

          But to rely on your "Buyer's" advice seems a little foolhardy to me.

          Comment

          • furrowtickler
            Senior Member
            • Dec 2004
            • 22049

            #6
            9/10 of the time you are better off going with your own gut. JMO

            Comment

            • SASKFARMER3
              Senior Member
              • Feb 2006
              • 14485

              #7
              Market advise from your buyers.
              Yea that is a good one!

              Comment

              • ado089
                Senior Member
                • Aug 2004
                • 1754

                #8
                Same thing for agronomy advise. I gave a couple of big crop sense customers some drastically lower fert recommendations this year. As usual they followed Cargill advice with the exception of a couple strips. Of course the Cargill stuff was flat on the ground and yielded 15% less as a result. Who do they get to do their sampling this year... Yep Cargill cause they were cheaper.

                Comment

                • wmoebis
                  Senior Member
                  • Aug 1999
                  • 2652

                  #9
                  Grain grading. Let the guy that is buying it from you take the sample assess how much dockage he is going to take, assess the grade, enter it into computer and retain the unsealed sample in his care incase you have a dispute.
                  A little knowledge can go a long way.

                  Comment

                  • farmaholic
                    Senior Member
                    • Sep 2010
                    • 17483

                    #10
                    We're all talking stupid now... no trust. LOL

                    Furrow, when its our skin in the game, it hurts when someone else has none in and has nothing to lose by poor judgement and "getting it wrong". I can make my own mistakes.

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