Canola up today....

[Partners]

Up because there is ZERO selling..
Lock you bins if you have any left...

[Guest]

yea they are scooping up any contracted canola around here even June July contracts

[farmaholic]

101, have deliveries to Primary Elevators fallen off the same cliff as prices?

We would need a pre and post price crash comparison of deliveries but I would think some people were smart enough to sell early in the decline....so skewed it might be.

p.s. Get that drill out, it's getting late.


On another thought, how much canola is sold off shore on speculation? GrainCos know whats in the countryside. So make the sale and wait for the grain to roll up the driveway? Then the market crashes and there could be a good spread to pocket, besides the regular margin. I doubt they would do that, they could easily be on the wrong side of the market if prices rose substantially, me thinks it's too risky and they're fully hedged.

[farming101]

Can probably blame the low weeks on cold temps and road weight restrictions

[zeefarmer]

yea they are scooping up any contracted canola around here even June July contracts

Our local elevators grabbed ours and others June/July contracts 3-4 weeks ago.

[farmaholic]

This thread is focusing on prices, I meant my seeded stuff is up.

[farmaholic]

Just volunteers

[bucket]

[ATTACH]4225[/ATTACH]

Just volunteers

The volunteers will survive the freezes....the seeded stuff...well???????

[farming101]

This thread is focusing on prices, I meant my seeded stuff is up.

I misunderstood. I'm a poor one to ask.
Nuthin's growing here. You got a greenhouse?

[farmaholic]

I misunderstood. I'm a poor one to ask.
Nuthin's growing here. You got a greenhouse?

Ok, enough bullshit from me this morning....lets get back on track, canola up before the start of trading



I THINK THIS SCRAWNY BULL SEES A HUNGRY BEAR

Ok, now I'm done