Canola dropping like a stone! And they wonder why it's the retarded sister! Soy up!

[farmaholic]

Not everyone.

It's probably because guys are spraying droughticides. Excellent ROI.

[Nudge]

Your misguided. Nobody actually delivers against the contracts. It may well be over by nov but nov contract will participate until then. Don't say the system is rigged cause your late to the party. There is some old crop carryover. Unlikely to be fireworks in July contract IMHO.

[BFW]

I want to buy 100 July canola futures contracts .They would not let me do it. There are about 7900 contracts open. Whether I win or lose here is immaterial, I should be able to have that order executed. I am not misguided. I want to take not make delivery.

[BFW]

I agree making or taking delivery is messy and necessarily thedesired method of discovering price. However if you are unable to make or take delivery in a cash month then this is the root of all the problems when people start to complain about not being able to get the correct price for their production. Delivery, or at least the threat of it is what is required to have the market function properly. Guess you missed that class

[farming101]

Fully funding that transaction will set you back around one million...

[Nudge]

Start an 'I'm taking delivery thread'. Buy 20 tonnes nov. Keep us updated let us know how it works out. Lol. If we are not getting a fair price for our production why do land rents and prices continue to climb?

[BFW]

"canola dropping like a stone!" I think my post is applicable here.

[Ronski]

"Delivery, or at least the threat of it is what is required to have the market function properly"

Yes that's what they told us in college. Delivery mechanisms are required to keep everyone honest, the system is broken.

[Nudge]

Look for a different broker then that will facilitate that. Would be great information for all! And agreed at least the threat of delivery is needed in the market.

[furrowtickler]

#1 reason to get it in the bin beofre marketing - *** all experts - they can not predict weather let alone markets