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    #31
    Has anyone figured out cost of production on 2022 canola per bushel?
    $12-14/L glyphosate
    Seed price up, chem price up more.
    $1200/ton N
    $1300/ton P
    $1000/ton K
    Diesel and equipment pricing will be high as well.

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      #32


      New resistance level generated in $53/ bushel zone. I got 2 levels up there. 2335 & 2356. Above is closest resistance and support. I wonder if incompetent leadership could create a crypto esk environment for food prices?

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        #33
        I would be looking to go long on a test of the 850-860 zone. No hard top nearby

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          #34
          If food prices go crypto will people pay or just riot and loot it?
          Last edited by shtferbrains; Oct 30, 2021, 08:26.

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            #35
            Originally posted by farming101 View Post
            In the Jan a sloppy bearish advance block was printed with today's price action being the confirmation.
            Might be some attempts to push prices lower in here. Stop loss would be at yesterday's high
            stopped out

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              #36
              Was there any news to justify the turnaround in canola today? Spent most of the night and most of the day well into the red, only to finish up green on all months. Soy oil down almost a dollar. Soybeans down too.
              Last edited by AlbertaFarmer5; Nov 8, 2021, 19:54.

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                #37
                No news as far as I know, USDA report tomorrow so players may be posiitioning themselves ahead of the report.

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                  #38
                  Originally posted by AlbertaFarmer5 View Post
                  Was there any news to justify the turnaround in canola today? Spent most of the night and most of the day well into the red, only to finish up green on all months. Sweet oil down a dollar.
                  It's been like that lots of days this fall. My hunch is the big wigs are trying real hard to manipulate the market down and lack of willing sellers bounces it back up.

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                    #39
                    Was at my local retailer today he said the top invigors are already sold out. Was surprised to hear that considering the ridiculous price of fert, and how dry it is. Guess price dictates what’s going on.
                    Maybe production of canola seed was down. I always thought most was grown from irrigation.

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                      #40
                      Originally posted by BTO780 View Post
                      Was at my local retailer today he said the top invigors are already sold out. Was surprised to hear that considering the ridiculous price of fert, and how dry it is. Guess price dictates what’s going on.
                      Maybe production of canola seed was down. I always thought most was grown from irrigation.
                      Irrigation doesn't help when it's high 30 degree weather. Evidently both yield and germination are way down.

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