Canola Futures

[Partners]

Got $13.50 for july nexera for the last of it. If anyone has any left, it sure is a nice premium for canola that yields as good as any other !

Excellent price..
Excited As a we are seeding some this yr ..

[Guest]

Leaning toward putting some in on Odyssey treated(2017) pea stubble. Found a Company still contracting some for Jun/July/Aug "next" summer.

Nice job caseih!

you must be thinking clearfield nexera canola ? we have had terrible luck with that variety . maybe they're better now ? was about 3 years back . all we have been growing is 1012 RR , sure has done well for us. or. maybe I'm reading this wrong , and you're not scared of the pursuit residue in odyssey ? . last year we put that non GMO 45H76 behind peas treated with 1/2 rate of pursuit , was the best yielder on the farm , premiums were really good on that this year as well

[farmaholic]

SHIT

caseih, I shouldn't assume you were using the Clearfield tech. But that is my only option on that ground if I want to seed canola on it. After the lack of moisture last summer and our soil type, carry over could be a big problem out there. I don't want to take the chance. It's either the Nexara Clearfield or the Clearfield Clearfield. Just got to wonder if the 2024 2026 would be better than a non-Nexera Brett Young or even something else? Nexera has a bad reputation, maybe it's better now, we've NEVER used the tech in canola.

Any recommendations on varieties, anyone and everyone???

[Guest]

i have heard the clearfield nexera has come a long ways in the last few years ? i will leave that for someone else to answer ? we haven't grown it since that (think it was 2012? not sure) it was NFG. if you can get a bunge or viterra contract for non gmo clearfield , it sure has been good .premiums were from 60 cents net to about a buck this year. we're going to try pioneer 45H75 this year . have been growing 45H76 , yields really good but grows 5 1/2 ft high and hard to cut . high yielder 3 yrs running on our dirt.might be a good fit for you cause you probably don't grow straw like here in the swamp

[farmaholic]

The Viterra non-GMO Clearfield contracts premiums are nothing to write home about. Only about 30 cents a bushel premiun out to next summer. And there were actually negative basis off the early delivery periods The Nexera premium is about $1.70/bu.....but how well will it yeild?

I don't have alot of time to decide.

Maybe go non-GMO Clearfield off contract?

"Nexera".....and then there's the extra seed costs.... the seed itself with seed treatment and lumiderm and tech fee...Yikes. we've grown some good canola crops but some areas consistently grow goid crops, That's were canola seed costs are tabulated for, not the #Slum of the Ghetto!

[Oliver88]

The Viterra non-GMO Clearfield contracts premiums are nothing to write home about. Only about 30 cents a bushel premiun out to next summer. And there were actually negative basis off the early delivery periods The Nexera premium is about $1.70/bu.....but how well will it yeild?

I don't have alot of time to decide.

Maybe go non-GMO Clearfield off contract?

"Nexera".....and then there's the extra seed costs.... the seed itself with seed treatment and lumiderm and tech fee...Yikes. we've grown some good canola crops but some areas consistently grow goid crops, That's were canola seed costs are tabulated for, not the #Slum of the Ghetto!

Farmaholic, I believe the premium is $50/ tonne plus trucking. Extra $10 if you’re a repeat customer and book early.
We have had better success with the RR Nexera vs CL varieties but have only tried Nexera clearfield once (2022).

[Partners]

If you believe the numbers..Nexera RR yields same as or higher than Dekalb 7444..
One farmer we know had 9-1/4s of RR Nexera last yr..Yield was 51 b/a average..
We seeding 1026 this yr..

[Guest]

If you believe the numbers..Nexera RR yields same as or higher than Dekalb 7444..
One farmer we know had 9-1/4s of RR Nexera last yr..Yield was 51 b/a average..
We seeding 1026 this yr..

we have only grown 1012 RR , yields have been exceptional every year except the flood. growing that again . nexera does take a fair bit longer . first one in , last one cut , always, on our farm

[farming101]

If we don't suffer a turn around Tuesday I would look at $540 July as a good target.

Personally I would entertain thoughts of selling some more old crop at that price or maybe higher...or not. There, how's that for sharing information and telegraphing my pricing targets

[Oliver88]

Canola up 15 cents/bushel.

Soybeans up 38 cents. (Weather or tariff related?)