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Canola blow off top?

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  • Sodbuster
    Senior Member
    • Mar 2017
    • 1133

    #11
    Originally posted by blackpowder View Post
    $16.08 Camrose Crush May

    +$39.00 basis that’s impressive, most I’ve seen in SK is a +10.00

    Comment

    • SASKFARMER
      Senior Member
      • Dec 2005
      • 7022

      #12
      Grain companies are playing games they don't want to pay farmers and are trying targets, it won't get there and basis nonbasis flat price etc.

      It's all about paying the least and selling for the most.

      Comment

      • Partners
        Senior Member
        • May 2010
        • 3105

        #13
        15.09 march here..

        Comment

        • blackpowder
          Senior Member
          • Feb 2010
          • 9326

          #14
          Incoming freight to stand for futures delivery plus the hassle probably at this level, ish. Possible that crushers pay $50 over before this is over. Blows a standard hedge program out of the water but wth! Didnt leave any naked spec tonnes First time for a $1000/ac gross even if only on small amount.
          Thank the Donald for Chinese trading behavior the last few years?

          Comment

          • LQQKY
            Member
            • Dec 2010
            • 39

            #15
            $1000/acre has a nice ring to it!

            Comment

            • Partners
              Senior Member
              • May 2010
              • 3105

              #16
              Now if only we could price September for 15 or higher.

              Comment

              • farming101
                Senior Member
                • Mar 2011
                • 3955

                #17
                Crush margin has changed a lot in the past week. Better margins based off July and Nov now. Watch the inverse. May be unwinding.
                The plant went to +32 July del basis July - self haul
                Camrose is +45 for June/July del basis July

                Comment

                • Oliver88
                  Senior Member
                  • Dec 2012
                  • 4688

                  #18
                  Originally posted by Partners View Post
                  Now if only we could price September for 15 or higher.
                  Starting to see $12 September specials.

                  Comment

                  • Partners
                    Senior Member
                    • May 2010
                    • 3105

                    #19
                    12 bucks oct..

                    Comment

                    • Oliver88
                      Senior Member
                      • Dec 2012
                      • 4688

                      #20
                      Canola and HRS wheat up big.

                      Comment

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