Canola Price

[jazz]

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

Moved half of the canola off the combine this fall.

$19 and change is an automatic sell in my world.

I am pretty sure it can get there again by spring but $25 is probably gone for good.

Mean reversion is a much more powerful force than supply demand.

[LWeber]

Mean reversion is a much more powerful force than supply demand.

the broken red line is trend...

[Old Cowzilla]

Hope your not looking at $400 Canola down the road might as well buy some crypto stock and get it overwith.

[makar]

Moved half of the canola off the combine this fall.

$19 and change is an automatic sell in my world.

I am pretty sure it can get there again by spring but $25 is probably gone for good.

Mean reversion is a much more powerful force than supply demand.

Dumped mine after harvest 19.40 no regrets, survival trumps greed here, hauling barely for 7.82, never made so much money.

[Landdownunder]

Poke me in the eye with a blunt stick that’s high.

[TOM4CWB]

High and dry!!!! Hope they will pay for the extra oil!

[AlbertaFarmer5]

Poke me in the eye with a blunt stick that’s high.
[ATTACH]11479[/ATTACH]

3.9% moisture. What is considered officially dry in Australia? Is the weight adjusted up to dry, or it is what it is?

I'm assuming you've never had the pleasure of harvesting and storing canola with moisture in the high teens?

[Landdownunder]

use base price of $1000 per tonne

1.5% of base price per 1% increase in oil over 42%

dry yeah I guess yesterday just over the limit 8.2% but got blended rejection at 8.5% but officially its 8

edit this year no cap on high side or low side of protien

[Landdownunder]

looks like we have decent run weather wise looks great short and medium term a great 4 week outlook

even 36c one day next week

perfect for guys like me one combine almost 7000 acres tis what it is

[tubs]

looks like we have decent run weather wise looks great short and medium term a great 4 week outlook

even 36c one day next week

perfect for guys like me one combine almost 7000 acres tis what it is

How many hours do you runthat combine a year for that many acres you would need 3 or 4 big savings in comparison goodluck