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Canola shortage

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  • TASFarms
    Senior Member
    • Feb 2014
    • 1339

    Canola shortage

    Must be really short canola if you can sign up $11.50 for new crop
  • LEP
    Senior Member
    • Feb 2007
    • 2475

    #2
    Originally posted by TASFarms View Post
    Must be really short canola if you can sign up $11.50 for new crop
    Where are you seeing that?

    Comment

    • Misterjade9
      Senior Member
      • Nov 2016
      • 440

      #3
      I got some $11.08 for Sept and $11.15 for Oct. but I have not seen any $11.50 yet unless it happened today, I see next fall futures were up $2.80 at the end of trade today. The canola shortage is showing up in the narrowing of basis's that has already started.

      Comment

      • Sodbuster
        Senior Member
        • Mar 2017
        • 1122

        #4
        $13.00 March canola, also got a call from trucking firm to haul my April canola already contracted.

        Comment

        • furrowtickler
          Senior Member
          • Dec 2004
          • 21857

          #5
          $11.30 here for Oct

          Comment

          • furrowtickler
            Senior Member
            • Dec 2004
            • 21857

            #6
            Originally posted by Sodbuster View Post
            $13.00 March canola, also got a call from trucking firm to haul my April canola already contracted.
            $13.25 Maidstone for Feb today

            Comment

            • furrowtickler
              Senior Member
              • Dec 2004
              • 21857

              #7
              Originally posted by TASFarms View Post
              Must be really short canola if you can sign up $11.50 for new crop
              Bins will be empty other than canola already priced for future months shortly
              Barley very scarce already and it’s Nov
              Big carry over stocks were never there , fake news lol

              Comment

              • fjlip
                Senior Member
                • Oct 2002
                • 9798

                #8
                Good comes to those who wait...maybe this year, usually we get screwed waiting hoping crying...as the funds rake in $$$ going down, waiting for PANIC selling!

                Comment

                • blackpowder
                  Senior Member
                  • Feb 2010
                  • 9253

                  #9
                  Camrose crush today $13.20 Jan $11.54 Oct.
                  All the "advisors" are at 60-70% sold.
                  Interesting times.

                  Comment

                  • fjlip
                    Senior Member
                    • Oct 2002
                    • 9798

                    #10
                    Originally posted by blackpowder View Post
                    Camrose crush today $13.20 Jan $11.54 Oct.
                    All the "advisors" are at 60-70% sold.
                    Interesting times.
                    Wild Oats was 40% sold Aug 25. Any one subscribe? At what price?

                    Comment

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