$12 July canola...

[hobbyfrmr]

They won't have to work hard to buy acres. Even with the RIDICULOUS price of seed it won't matter. With durum and pulses running into disease issues canola will be the replacement.

You have to grow canola if you're going to make any money and pay for farming.

[golden1]

Cargill central sask. was picking up $12 july gpo's a few days ago already.
Terminal not crush.

[iceman]

They won't have to work hard to buy acres. Even with the RIDICULOUS price of seed it won't matter. With durum and pulses running into disease issues canola will be the replacement.

You can add barley into that mix also



Iceman Out

[biglentil]

Stock up on bandades i mean fungicides.

[farmaholic]

Can someone explain this....

Whats the sentiment if "funds" are long or short canola.

Long=optomistic and bullish?
Short=pessimistic and bearish?

What position are they at today, long or short and does it mean anything?

[farming101]

COT, Commitment of Traders reports for Canola are not published. Would be nice

Here is weekly Bean oil chart of COT showing net positions.


The columns below the "0" line are showing net commercial short contracts.You can see the numbers at the bottom. Commercials are classed as such because they are in some way involved with using or handling the commodity.
The columns above the "0" line are the large specs and the other or small spec(the short column) both of which are net long.

The green line read off the right hand scale is the open interest in all contract months and includes options

[farmaholic]

101 ....because I dont know I need to ask.
Is anything above the line long and anything below the line short?
And the short lines above the line indicating(in most of this chart) there are more long positions than short? What is the green line?

If it is what I think it is, it appears quite balanced with slightly more long positions than shorts.

Is ICE Canola functional/fluid enough to chart even if the COT was known?

[iceman]

Can someone explain this....

Whats the sentiment if "funds" are long or short canola.

Long=optomistic and bullish?
Short=pessimistic and bearish?

What position are they at today, long or short and does it mean anything?

According to the bookies the spec funds are even in canola right now. Beans is completely different story the funds are very long not a record tho.
176 000 contracts short in beans last CoT

Clear to engage the target farmaholic

Iceman Out

[farming101]

comments added to post above

[farmaholic]

I wish I would have developed more marketing knowledge at a much earlier stage of my career than being so production oriented. Or better yet, honed both skills equally! Got to wonder if I'd be way "further along"? (better off)