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Canola, watching the weather

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  • farming101
    Senior Member
    • Mar 2011
    • 3955

    Canola, watching the weather

    Weather delays in the forecast. Nov over March
    Click image for larger version

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  • farmaholic
    Senior Member
    • Sep 2010
    • 17483

    #2
    ....don't worry, there's lots of carryover to fill the gap!

    Comment

    • sumdumguy
      Senior Member
      • Mar 2007
      • 12008

      #3
      Did they just wake up?

      Comment

      • farming101
        Senior Member
        • Mar 2011
        • 3955

        #4
        Over 2 MMT of carryover has been used up since Aug 1

        Comment

        • AlbertaFarmer5
          Senior Member
          • Oct 2010
          • 12564

          #5
          Originally posted by farming101 View Post
          Over 2 MMT of carryover has been used up since Aug 1
          How did they manage to source that carry over from producers with the prices that were offered?

          Comment

          • farmaholic
            Senior Member
            • Sep 2010
            • 17483

            #6
            I sold for $9.72 at the end of the crop year, bins cost money. When this crop comes off, if all of it ever does, I'm sure prices will soften again, especially if producers are looking to dump tough canola again.

            So what I sold was likely part of that 2 mmt. At this point I'm 30 cents down...lol.

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