5 years ago $ 29000 today 38000 were can u get $12 canola would like to know.
10000 bushel bins
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You better have a pretty good religion to be buying bins this year, if canola repeats what beans did, retesting the 09 low, you'll look like a ****ing moron playing the #binit2winit game. That's $100/mt under today's price. We don't even have a Chinese ambassador.... think about it. We need a high on the end of month to indicate the seasonals and cycles are coming back inline, barring that a high at harvest says this is going third world crisis. This'll turn eventually but holy **** boys, it ain't good today. Tell the retailer to jam the 10k up his ass. Put a crayon on a canola chart she's fubar at the moment. Till the cash advance taken this spring is paid back 18 months from now, i think canola is going down.Last edited by macdon02; Jul 23, 2019, 20:23.
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Bins are up a bit but the ins went up with the steel tarif and don’t go down when it ends, funny how that works
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Quite likely the best animated market prognostication I have ever seen....Originally posted by macdon02 View PostYou better have a pretty good religion to be buying bins this year, if canola repeats what beans did, retesting the 09 low, you'll look like a ****ing moron playing the #binit2winit game. That's $100/mt under today's price. We don't even have a Chinese ambassador.... think about it. We need a high on the end of month to indicate the seasonals and cycles are coming back inline, barring that a high at harvest says this is going third world crisis. This'll turn eventually but holy **** boys, it ain't good today. Tell the retailer to jam the 10k up his ass. Put a crayon on a canola chart she's fubar at the moment. Till the cash advance taken this spring is paid back 18 months from now, i think canola is going down.
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Absolutely, with bins you got options and too many is better than not enough. With yield trend increases bin companies have and will have a solid market.Originally posted by Goodtime View PostI plan on farming for a few more years and storage is always a bit tight....nothing wrong with putting a bit of storage up every year...never understood the anger against that.
I know guys have their reasons and like bags, but personally would much rather have permanent storage.
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