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Canola Price

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  • wheatking16
    Senior Member
    • Apr 2010
    • 558

    Originally posted by caseih View Post
    How are you guys that follow this closely feeling about canola prices ?
    Larry, wheat king , macdon , others ?
    Always appreciate all of your input!
    I know nothing is doing as it should, just asking for your gut feeling
    Thanks !
    I am bullish again.

    Nearby Future's price levels of interest are 890 and 908, where I anticipate the price to slow down or reverse.

    However, I do think a close above 914 will bring 940 maybe 964 but FIRST things FIRST.

    My $20 idea looks better than a week ago. Maybe that is available today?

    Comment

    • AlbertaFarmer5
      Senior Member
      • Oct 2010
      • 12553

      Originally posted by wheatking16 View Post
      I am bullish again.

      Nearby Future's price levels of interest are 890 and 908, where I anticipate the price to slow down or reverse.

      However, I do think a close above 914 will bring 940 maybe 964 but FIRST things FIRST.

      My $20 idea looks better than a week ago. Maybe that is available today?
      $20 Special(targets actually) today at my closest elevator. Limited tones of course.

      Comment

      • Guest

        Sold some canola today for $20/mar
        And $19.50 immediate
        So price will jump tommorow

        Comment

        • cropgrower
          Senior Member
          • Oct 2021
          • 2985

          Thanks !

          Comment

          • Sodbuster
            Senior Member
            • Mar 2017
            • 1129

            Nothing on the books yet, but might be time to throw some targets in. Still not sure whether last Statscan report was on the money or not, the next 2 months will tell the story.

            Comment

            • Goodtime
              Senior Member
              • Feb 2013
              • 627

              Was over $20 for a while yesterday delivered to the crusher.

              Comment

              • Guest

                This mild weather good time to check your bins before committing to anything

                Comment

                • rumrocks
                  Senior Member
                  • Mar 2018
                  • 1172

                  Originally posted by Bin Lurking View Post
                  This mild weather good time to check your bins before committing to anything
                  Yes if you're heading south for a few weeks check your bins, some may have already beat you there.

                  Comment

                  • furrowtickler
                    Senior Member
                    • Dec 2004
                    • 21961

                    Originally posted by rumrocks View Post
                    Yes if you're heading south for a few weeks check your bins, some may have already beat you there.
                    True , but with the snow here they would have to do a lot of work to get to the bins .

                    Comment

                    • Old Cowzilla
                      Senior Member
                      • Nov 2020
                      • 1579

                      Originally posted by furrowtickler View Post
                      True , but with the snow here they would have to do a lot of work to get to the bins .
                      Ski do and couple 5 gal pails could make nice sled payments

                      Comment

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