Canola Price

[Guest]

now, i am a really pisspoor marketer , pathetic in fact
but, doesn't it seem like they're trying their damndest to get canola price down ,and not having much luck?????

[Partners]

Viterra special Today only.
$19.02 Feb..
Always use that line..

[wheatking16]

Viterra special Today only.
$19.02 Feb..
Always use that line..

Canola feels to me like it will push to 20.

[furrowtickler]

Canola feels to me like it will push to 20.

Seems to be the ceiling now for canola , wheat seems to be $12

Both drop $.50 or more at times then slowly back to that trigger area , then down again .
Do you think we will stay range bound like this for the winter ?

[Guest]

Canola feels to me like it will push to 20.

sure hope so
thats all i want

[fjlip]

They got us figured, programed to expect less, $20 be all they need to pay till July.

[Partners]

It was $20.50 two months ago.
Now we will be happy with 20 bucks.
Who is really winning here?

[Old Cowzilla]

Is canola bullet proof against recessions ?

[Guest]

It was $20.50 two months ago.
Now we will be happy with 20 bucks.
Who is really winning here?

i am a very slow learner
but elevators here have never had $20 yet, i don't think ?
bunge lineups are long here
$.50/bu to get it hauled there

[crusher]

We sold some $20.70 to Bunge the first week of November for December delivery. Line companies picked off $20 targets a couple of weeks ago for Dec/Jan movement. You have to be ready to sell when the offer comes.