Seasonal Canola

[furrowtickler]

ADM in Lloydminster has been up to $11.50 , so it has show some life at times
Agree probably drift lower for a bit as harvest weather looks to get most of the canola in the bin . Not sure about central and northern Alberta though .

[beaverdam]

Would be nice if both Europe and China provided strong demand

For a decent sale, you always need two bidders at an auction.

[Hamloc]

ADM in Lloydminster has been up to $11.50 , so it has show some life at times
Agree probably drift lower for a bit as harvest weather looks to get most of the canola in the bin . Not sure about central and northern Alberta though .

Finished canola yesterday Furrow, east of Red Deer. Most farmers in the area getting near the end. Personally canola yields are down 7 bushels per acre from last year. Low areas being too wet hurt yields. Have talked to a couple neighbours that are getting better yields than last year. No consistency.

[AlbertaFarmer5]

Finished canola yesterday Furrow, east of Red Deer. Most farmers in the area getting near the end. Personally canola yields are down 7 bushels per acre from last year. Low areas being too wet hurt yields. Have talked to a couple neighbours that are getting better yields than last year. No consistency.

How rare of an occurence is that for your area? I thought you guys almost couldn't have too much rain. As opposed to here, where too much rain takes yield basically every year.

Really not looking forward to canola here. The drownout areas are depressingly large.

On the other hand, the low areas are in full flower now, still no killing frost.

[farmaholic]

Hammy and AF5, sorry to hear your glory holes are disappointing you.

In the Ghetto, disappointment gets evenly dispersed across whole fields.

[Blaithin]

Yields are as expected here, a bit low, but seems like quality is holding. Surprising considering the swaths of hail that went through the area.

My luck I’ve just jinxed myself and have a sea of green coming my way. First flush is always nice, it’s the straggler stuff that strikes terror in the retina.

[WiltonRanch]

ADM in Lloydminster has been up to $11.50 , so it has show some life at times
Agree probably drift lower for a bit as harvest weather looks to get most of the canola in the bin . Not sure about central and northern Alberta though .

FYI G3 in Maidstone was $11.50 a week ago for a morning. They were hovering $11.30 otherwise while ADM was $11.05. They’re plugged now of course but been outdoing others on canola and barley.

[farmaholic]

Yields are as expected here, a bit low, but seems like quality is holding. Surprising considering the swaths of hail that went through the area.

My luck I’ve just jinxed myself and have a sea of green coming my way. First flush is always nice, it’s the straggler stuff that strikes terror in the retina.

Don't look so hard!

[Blaithin]

Don't look so hard!

If I had a nickel for every time I heard that!

[Oliver88]

I would think and hope the bar has been raised for the whole marketing year and we are in a new trading range.

The Canadian supply is in, let's see if we can muster more demand without lowering prices.

Would be nice if both Europe and China provided strong demand but markets might have to chew through Aussie supplies(with their cheaper currency)before we see stronger prices?

It's hard to get excited about committing to 2021 canola seed as dry as it is in the Ghetto, sounds like this might be a bit bigger than "Ghetto backyarditis". Tapped out. But people said we never lost next year's crop in October. Well people are claiming field work, other than spraying or harrowing is "hard"(and dry) to do. Heard some people say anhydrousing might be on hold.

Pay attention to moisture conditions in grain producing countries of the world.....both exporting and importing(countries that grow alot of grain but still need to import).

Appears to be in a new trading range.