Must be really short canola if you can sign up $11.50 for new crop
Canola shortage
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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.
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Camrose crush today $13.20 Jan $11.54 Oct.
All the "advisors" are at 60-70% sold.
Interesting times.
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