Canola Price

[shtferbrains]

A much larger crop in eastern Sask most likely the main reason

Lots of bagged Canola still out here.

[furrowtickler]

Lots of bagged Canola still out here.

Not here, east or south

[Goodtime]

They must have had less farmers pricing than RP yorkton. And bunge Dixon..

RP Yorkton isn't full.

[Partners]

RP Yorkton isn't full.

Going by this from wadena RP?

[errolanderson]

Crude oil direction has a lot to do with canola’s price path . . . .

[tweety]

Did you really think 15$ wheat and 25$ canola was going to be the norm?

[WiltonRanch]

Did you really think 15$ wheat and 25$ canola was going to be the norm?

$25 probably not but $20 with costs where they are is almost a benchmark now. $100 per acre seed and $150 fertilizer another $200 in other costs. If your plans work and you hit 50 it’s all good but a couple 30 bushel crops at $15 you’re losing.

[Goodtime]

Going by this from wadena RP?

I don't sell thru Wadena.

[Landdownunder]

thank heavens for oil bonification premiums in oz.

our state 1.5% of base price above 42% oil

we delivered 46.2% today

so tad over 6% increase in price.

if you were lucky enough to contract at 1200 per tonne add 6% on top aint bad

PS same discounts apply below 42% but then you get smart and sell to buyer with flat cash no bonification.

but smart by buyers they outload from elevator at stacked average

clear as mud eh

[Partners]

Lock the bins?
Maybe should have emptied them at $ 20.50..?