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Canola Price

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  • Partners
    Senior Member
    • May 2010
    • 3105
    #11
    Originally posted by Goodtime View Post
    Canola is still dropping....brutal.
    If under $20 canola acres will drop next yr.
    Malt bly kicking its butt..

      Comment

      • Goodtime
        Senior Member
        • Feb 2013
        • 627
        #12
        Originally posted by Partners View Post
        If under $20 canola acres will drop next yr.
        Malt bly kicking its butt..
        Agree and $4.50 oats will become barley acres.

          Comment

          • Livewire
            Member
            • Oct 2012
            • 80
            #13
            If we as farmers quit selling now that the price has dropped I believe we can greatly influence the price to recover and then some. Crushers making wads of cash from our canola will need to be buying more. They quite likely have oil contracts so they need a steady supply

            Futures seem to be somewhat stabilizing tonight. Lock the bin and let the buyers know they have to pay up!!

              Comment

              • BTO780
                Senior Member
                • Nov 2021
                • 541
                #14
                Originally posted by Livewire View Post
                If we as farmers quit selling now that the price has dropped I believe we can greatly influence the price to recover and then some. Crushers making wads of cash from our canola will need to be buying more. They quite likely have oil contracts so they need a steady supply

                Futures seem to be somewhat stabilizing tonight. Lock the bin and let the buyers know they have to pay up!!
                I like the way you think.

                Problem is my good looks only go so far as paying bills are concerned, and it’s yr end and I’m on my last mulligan.

                  Comment

                  • Goodtime
                    Senior Member
                    • Feb 2013
                    • 627
                    #15
                    Originally posted by BTO780 View Post
                    I like the way you think.

                    Problem is my good looks only go so far as paying bills are concerned, and it’s yr end and I’m on my last mulligan.
                    Take a CCGA cash advance and lock the bins.

                      Comment

                      • fjlip
                        Senior Member
                        • Oct 2002
                        • 9864
                        #16
                        Not a good opinion..."Demand is the key for canola right now with not much on the horizon in 2023…"

                          Comment

                          • LEP
                            Senior Member
                            • Feb 2007
                            • 2507
                            #17
                            Originally posted by Partners View Post
                            Crushers full like I said before..
                            Cargill has been pulling December canola for a couple weeks now.

                            Camrose crush plant has a catchment area 3 and a half hours east. Doesn't sound full.

                              Comment

                              • Partners
                                Senior Member
                                • May 2010
                                • 3105
                                #18
                                Originally posted by LEP View Post
                                Cargill has been pulling December canola for a couple weeks now.

                                Camrose crush plant has a catchment area 3 and a half hours east. Doesn't sound full.
                                They must have had less farmers pricing than RP yorkton. And bunge Dixon..

                                  Comment

                                  • GOODRUM
                                    Senior Member
                                    • Feb 2008
                                    • 511
                                    #19
                                    Looking to empty a bin to clean up some bags and can’t find anywhere taking on spot price, basically a quota system on canola, we gained nothing , back to pushing commodities .

                                      Comment

                                      • furrowtickler
                                        Senior Member
                                        • Dec 2004
                                        • 21960
                                        #20
                                        Originally posted by Partners View Post
                                        They must have had less farmers pricing than RP yorkton. And bunge Dixon..
                                        A much larger crop in eastern Sask most likely the main reason

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