Canola prices

[farming101]

Insane. Even if the CAD was at par its bad.

[farmaholic]

Getting a bit off track here but what is that thing worth 5 years/1250 hrs later? List price.... a starting point and from an alternate universe.....give me a break. Buy a good used combine AND some land. Depreciating junk!

But you make a good argument why our grains should be worth more.

[farming101]

Or new combines less.
RBrothers was selling them out with a pickup front for around 300K or less this year.

[farming101]

Tuesday the nearby basis at the crush plant improved. Somebody must have went up and measured the bins!

[farmaholic]

...yet futures went down today. Got "some" priced out in July at my target before it fell.

farming101...your chart showing current year deliveries to stocks might explain the basis improvement. Compared to last year there doesn't appear to be much of a cushion?

[farming101]

300,000 rated capacity for western Canada.