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canola prices

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  • malleefarmer
    Senior Member
    • Nov 2005
    • 5424

    canola prices

    global stocks actually larger year on
    year compared to last year and a large
    south american crop looming or record
    crop maybe.

    the only pricing opportunity may before
    this comes on the market

    european woes continue why would anyone
    be unsold given prices of last 3 months
    i know they have trended lower but
    histoically there still above average

    australias canola crop is ok but our
    canola is a mere drop in the ocean

    call me bearish call me a realist
  • Burbert
    Senior Member
    • Jan 2007
    • 2242

    #2
    Oh, oh! WTF has happened, more lying and
    cheating than usual by markets and
    marketeers alike? Believe it er don't,
    time will tell....

    Comment

    • agstar77
      Senior Member
      • Jul 2001
      • 6266

      #3
      Canola is really in demand. Local Canola 13.25, Soybeans 13.00. Considering the difference in C.O.P. canola price is a joke.

      Comment

      • furrowtickler
        Senior Member
        • Dec 2004
        • 22101

        #4
        What's the canola PRO from the borg... $10.75 or something??? Thats the joke....

        Comment

        • malleefarmer
          Senior Member
          • Nov 2005
          • 5424

          #5
          no correlation to western canada but weve
          one from $615 to $550 in 11 weeks but
          dipped well below 550 but seems to have
          stabalized

          Comment

          • malleefarmer
            Senior Member
            • Nov 2005
            • 5424

            #6
            per tonne port price have to take off $30
            to get on farm price

            Comment

            • ColevilleH2S
              Senior Member
              • May 2007
              • 1659

              #7
              Local, dumped in the pit, prices here, today, are
              $575/tonne. And we are about as far from salt water
              as one can get in Canada.

              Compared to your numbers Mallee it looks like this
              area is at a premium to the world price. I thank all of
              the latest crusher expansions for that.

              Comment

              • Jagfarms
                Senior Member
                • Sep 2003
                • 871

                #8
                Our price is around $595 tonne today delivered in
                Saskatchewan today.

                Comment

                • malleefarmer
                  Senior Member
                  • Nov 2005
                  • 5424

                  #9
                  so those two mentioned prices are not
                  good enough to take when there is
                  potential pressure on the market?

                  Comment

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