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Canola

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  • furrowtickler
    Senior Member
    • Dec 2004
    • 21880

    Canola

    Why the big drop the pst few days ?
    Been too busy to see what’s up .
  • bucket
    Senior Member
    • Jan 2008
    • 17027

    #2
    Because they can!

    Because there is a yuuuuge crop coming!

    Because of Russia!!!


    Because whatever excuse works for today and tomorrow!

    There won't be an average crop this year.

    Comment

    • TASFarms
      Senior Member
      • Feb 2014
      • 1341

      #3
      Grain marketers saying make sure you have seed for next year don’t sell it all

      Comment

      • furrowtickler
        Senior Member
        • Dec 2004
        • 21880

        #4
        And for every ac that got seeded in eastern Sask and Manitoba this past week 2 were lost in Western Sask and southern Alberta due to dry and frost areas along with fleas now
        Probably will be a wash in total bushels by fall .

        Comment

        • Partners
          Senior Member
          • May 2010
          • 3105

          #5
          Every country is expecting a bumper crop..western bull shit rag says so..

          Comment

          • AlbertaFarmer5
            Senior Member
            • Oct 2010
            • 12516

            #6
            It was an unexpected finish to today's session. Was up earlier in the day. Soybeans were up soy oil was up massively.

            Comment

            • jazz
              Senior Member
              • Jul 2018
              • 9308

              #7
              Money is like the ocean, it flows to different asset classes. Today it left commodities and went into equities. Oil was the leader down.

              Dont ever think for a moment any market is based on actual fundamentals or supply and demand. You might just notice that Apple has a valuation higher than all the US farmland.

              Its all a fugazi.

              Click image for larger version

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              Last edited by jazz; Jun 2, 2022, 19:31.

              Comment

              • Maver
                Senior Member
                • Jul 2019
                • 143

                #8
                Down hard today again . Especially July. Any chance of a $40 bounce or we in a free fall?

                Comment

                • Sodbuster
                  Senior Member
                  • Mar 2017
                  • 1126

                  #9
                  I wish Cargill would pickup the rest of my canola contract so I can price whatever is left over before it free falls to,much.

                  Comment

                  • Landdownunder
                    Senior Member
                    • Mar 2021
                    • 1796

                    #10
                    Going to be a “battle Royale” between Canada and oz later this year. Early days but a large crop looming, fight for market share later in year.

                    Comment

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