Wow! old crop canola

[farming101]

Looks like everyone is covered. Down 8+

[Daylate]

Guess the remainder wasn't selling so theyre gonna see how much they can get on the way down

[Kinger]

Export demand drying up, domestic crush filling up. Still might find the odd opportunity if someone runs short but I think the best days for this year are behind us.

[errolanderson]

Export demand drying up, domestic crush filling up. Still might find the odd opportunity if someone runs short but I think the best days for this year are behind us.

Seasonal late crop year canola demand slowdown . . . China credit issues impacting global commodities.

[farming101]

Producer delivery patterns are different this year. I do not think there will be a late season surge of canola deliveries this year. Could be wrong

[Partners]

Excellent seeding conditions . haha..
Must be one extra canola seed..

[farmaholic]

Gotta wonder if this thing will bottom and turn higher or trade range bound. At this point it looks like I unloaded old crop just in time...pure luck. We are delivering now

[HappyFarmer]

It's May 30th and we have already used SF3's 16.9 million mt canola crop up (see I told you it was was bigger than that in the fall).

I think we will rebound a bit from here but 530 july is gone for this year I think. Glad we cleaned out at 11.75.

[sumdumguy]

If those Canola buyers had a brain, they would be buying all that they could. it could be a damn short crop this year.

[biglentil]

If those Canola buyers had a brain, they would be buying all that they could. it could be a damn short crop this year.

Ya if I had more balls I would go long canola futures problem is the market can stay irrational forever. Why because its 100% fixed paper bs.