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Crop Report

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    Crop Report

    Saw a bullish canola report from Ag Canada with a huge drop in canola carryout to 1.1m tonnes from 1.7. Prices $495 to $525. Hoping they're smoking the right stuff.

    #2
    A lot of canola has been sold and shipped the past two months, way more than most thought imo.

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      #3
      Is that why it keeps going down?

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        #4
        Lol, Tweety.

        That was my thought too.

        Canola yields surprised in some areas but it was more that they weren't horrific rather than they were fantastic. Going to be a smaller amount available than many folks think IMHO.

        Release the Bulls!!

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          #5
          Basis around here is telling us no shortage for what's on the books so far. We need a big one time buyer to pull the trigger and get this shit moving again or I think we will have dead futures and a big basis for forseable crop year.

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            #6
            Canlowa is Like The Beans of The Nort, Guys Move it to Sell at Tiny Profit, Pay Some Bills, Then Sit on The Bin Gobblers Corn/Wheat To Move at a Later Date With Hopefully Making a Little Money, But Most likely Lose to Breakeven at BEST!!!!!!!


            #MommaNeedaHouse


            #BabyNeedSomeShoes


            #TinCansRattlingindaWind

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