Are you Bullish or Bearish Canola in the next 2 to 4 weeks?
4 to 8 Weeks?
4 to 8 Weeks?
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Bearish 2-4
Sideways 4-8
Bullish in the new yearLast edited by Sodbuster; Sep 8, 2022, 17:01. -
Sold enough to have the bags all cleaned up before the snow hits. Harvest glut is in full motion and it’s a bad time to sell for the next two months. IMOComment
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My feelings as well. It’s wait and see as cereals we have a better idea where things are but canola at farm level is a crap shot where yields are let alone prairie wide. Winnipeg market trying to kill the price in hopes when it rockets back it won’t be so high as before. China needs to get back into the market before things turn around.Originally posted by Sodbuster View PostComment
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China was in the market in the past three/four weeks and is done until 2023.Originally posted by WiltonRanch View Post
Thank everyone for the export sales reporting...Comment
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I will tell you after Saturday morningComment
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It will be much worse when the exporters (who are all building crush facilities) limit exports to support their crush plants and beautiful margins. Saw some place current crush margins $220 ton - why export when those margins are available. We can only hope the crush capacity gets over built.Comment
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Our overnight temp keeps dropping for Saturday morning, was at 7 , then 3 , now 1
Not surprisingly for here now
Plus 1 is a -2 north of town
Won’t hurt anything at this point here
Actually expected with the full moon 🌕Comment
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Will have zero effect on markets if there is a frost or not at this time , 2 weeks ago maybe .Originally posted by jazz View PostComment
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