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Seasonal Canola

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    #131
    Down 31 cents at viterra this morning after 11.50 premium on Friday.
    Things change fast.

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      #132
      Originally posted by Partners View Post
      Down 31 cents at viterra this morning after 11.50 premium on Friday.
      Things change fast.
      Just wait it will go higher.

      Comment

        #133
        Originally posted by TASFarms View Post
        Just wait it will go higher.
        I think we will see $12 commodity canola yet, maybe more. It's early but who knows. Factors other than supply could knock wind from the "sales".

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          #134
          Discounts for nearby delivery increasing....futures and basis

          Click image for larger version Name: RSX20RSN21.jpg Views: 1 Size: 61.8 KB ID: 770138

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            #135
            I am with you farma sold some last week at 11.50 maybe about 20 percent. Nice to ship some earlier if you have storing issues you can ship your poorest canola. Nobody knows for sure where the price is going otherwise we be all rich playing the futurs market

            Comment

              #136
              Originally posted by tubs View Post
              I am with you farma sold some last week at 11.50 maybe about 20 percent. Nice to ship some earlier if you have storing issues you can ship your poorest canola. Nobody knows for sure where the price is going otherwise we be all rich playing the futurs market
              Please, no one follow me because I'm not qualified to lead.

              I'm just telling people what I'm doing, very limited knowledge based decisions.

              DYODD.

              Hard to take emotion out of marketing.

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                #137
                Not sure if its relevant but australia isgonna have a huge canola crop

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                  #138
                  Originally posted by farmaholic View Post
                  Please, no one follow me because I'm not qualified to lead.

                  I'm just telling people what I'm doing, very limited knowledge based decisions.

                  DYODD.

                  Hard to take emotion out of marketing.
                  Shit , i sold all mine after reading your post !
                  Just kidding , have none
                  Smart move i would say
                  If someone told you last june there would be $11.50 canola from combine no one woulda believed

                  Comment

                    #139
                    Originally posted by caseih View Post
                    Shit , i sold all mine after reading your post !
                    Just kidding , have none
                    Smart move i would say
                    If someone told you last june there would be $11.50 canola from combine no one woulda believed
                    Exactly, all we heard was huge carry over , record crop ... blah blah blah

                    Comment

                      #140
                      Originally posted by farmaholic View Post
                      Please, no one follow me because I'm not qualified to lead.

                      I'm just telling people what I'm doing, very limited knowledge based decisions.

                      DYODD.

                      Hard to take emotion out of marketing.
                      Im with farma a nookie in the back of the pick up when he was 19 is better than chasing two in the bar to no avail

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