Canola Price

[AlbertaFarmer5]

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

I just can't wrap my mind around the logistics of that. I know it's a completely different climate, and you don't have the threat of snow at any moment ending your harvest season. But harvest must stretch out for months?
Are you able to stagger your seeding
dates and varieties and crops enough that everything doesn't come mature at the same time? Wheat is somewhat forgiving if you don't harvest it the day it is ready, but with the varieties of barley we have, the heads will start falling off, the straw will break down starting about the same time as it is dry enough to harvest. Canola will shatter or pod to drop, even the best shattered resistant varieties have their limits when it gets dry enough. And that is at the very moderate temperatures and humidity levels that we get.

[Landdownunder]

the days you cut 300 plus acres speeds things up.

some guys I know bit further up cut 18000 with two 50 ft harvesters.

normally start first week nov like to finish by xmas

not uncommon rule of thumb used to be 100 acres per foot of cut 40 ft = 4000 acres but capacity improved so much.

[Landdownunder]

ps I am by no means a big farmer definitely not the best.

[Goodtime]

Canola rebounding a bit this morning.

[cropgrower]

Canola rebounding a bit this morning.

glad to see that as i dont have any of this years conola sold so far !

[flea beetle]

glad to see that as i dont have any of this years conola sold so far !

Yeah, my guts got twisted with this drop off as well. Just warmed up to the idea to sell a bit, and put a target in. Market tanked the next day🤣.

Usually Christmas doldrums this time of year. Hopefully rally into the new year.

[cropgrower]

would like to know what has changed to make the big gain today , up around 25$ ton now

[wheatking16]

would like to know what has changed to make the big gain today , up around 25$ ton now

I haven't looked at the news, but we were looking for a bounce today due to the confluence of the

1. 61.8% retracement
2. previous supply in July and August
3. trends often become exhausted after nine days

Look for a reaction in the 850-860 range.

[furrowtickler]

I haven't looked at the news, but we were looking for a bounce today due to the confluence of the

1. 61.8% retracement
2. previous supply in July and August
3. trends often become exhausted after nine days

Look for a reaction in the 850-860 range.

[ATTACH]11501[/ATTACH]

Good info 👍

[flea beetle]

I haven't looked at the news, but we were looking for a bounce today due to the confluence of the

1. 61.8% retracement
2. previous supply in July and August
3. trends often become exhausted after nine days

Look for a reaction in the 850-860 range.

[ATTACH]11501[/ATTACH]

Reaction up? Or reaction down?