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Canola-more good news!

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  • Oliver88
    Senior Member
    • Dec 2012
    • 4688
    #11
    Originally posted by farming101 View Post
    May Canola has made it to 519 this morning. A close above 517.50 this week is positive
    Within 20 cents of the November 2017 prices for Apr/May delivery here
    Correct me if I'm wrong but the chart shows the May contract max level has been $530.

      Comment

      • farming101
        Senior Member
        • Mar 2011
        • 3953
        #12
        Originally posted by Oliver88 View Post
        Correct me if I'm wrong but the chart shows the May contract max level has been $530.
        Basis has improved here since November

          Comment

          • Oliver88
            Senior Member
            • Dec 2012
            • 4688
            #13
            Originally posted by farming101 View Post
            Basis has improved here since November
            I'm seeing -10 for me for Apr/May or +50 Nexera.

            Sold small amount this morning, hopefully it keeps going up.

              Comment

              • furrowtickler
                Senior Member
                • Dec 2004
                • 21856
                #14
                Canola back to $12 for June at ADM .
                Good to see

                  Comment

                  • Guest
                    #15
                    priced some nexera new crop from combine with AOG for $12.50 , decent

                      Comment

                      • farmaholic
                        Senior Member
                        • Sep 2010
                        • 17471
                        #16
                        Originally posted by caseih View Post
                        priced some nexera new crop from combine with AOG for $12.50 , decent
                        Lucky basturd........ 😉

                          Comment

                          • farming101
                            Senior Member
                            • Mar 2011
                            • 3953
                            #17
                            510.40 now short term support in RSX18. Might have another 10 in it. Nov 480 puts 5.50/tonne, down 1.50 since Feb 15

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                              • sumdumguy
                                Senior Member
                                • Mar 2007
                                • 11967
                                #18
                                Go, Canoli, go!

                                  Comment

                                  • farming101
                                    Senior Member
                                    • Mar 2011
                                    • 3953
                                    #19
                                    I'm cheering too but short term this is toppy.
                                    Some moisture in Argentina today

                                      Comment

                                      • Oliver88
                                        Senior Member
                                        • Dec 2012
                                        • 4688
                                        #20
                                        $523 May

                                        $528.50 July

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