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    #1

    Canola

    Is there a bottom? Painful to participate in this one.
    Tags: None
    #2
    2008 all over again. Quick google shows corn dropped 50% that year. Feels like it isn't over to me.

    It will impact seeding intentions and fertilizer use. Which could compound fert declines. Hard to know what is going to happen.

    Comment

      #3
      Spend spend and spend some more then watch these markets go to sheet. Analysts predicting more wheat and canola. Guess surveys were done when markets were on fire. These two crops have fallen the most.

      Not much excitement going into spring.

      We all thought last yrs crop was expensive to put in, this one will be worse yet. Least prices were better a yr ago.

      Tell me one good reason to keep playing this game.

      We are getting screwed in every direction.

      Comment

        #4
        Originally posted by crusher View Post
        Is there a bottom? Painful to participate in this one.
        Catching a falling knife is difficult to do with success;however, this 730 level on the nearby month is worth looking at.

        Comment

          #5
          Haven’t heard from the $30/bus peanut gallery in a bit. You guys still holding onto 2 years worth of crop? Asking for a friend……

          Comment

            #6
            COT March 14, Just piling on, no real reason.

            Click image for larger version Name: COT March 14.jpg Views: 1 Size: 22.0 KB ID: 774766

            What will May expiring cause them to do? Roll or buy out?

            AG Canada still guessing $850 Canola?

            Click image for larger version Name: Price Forecast.jpg Views: 1 Size: 22.4 KB ID: 774767

            Optimistic like farmers?

            Comment

              #7
              Originally posted by fjlip View Post
              COT March 14, Just piling on, no real reason.

              [ATTACH]12225[/ATTACH]

              What will May expiring cause them to do? Roll or buy out?

              AG Canada still guessing $850 Canola?

              [ATTACH]12226[/ATTACH]

              Optimistic like farmers?
              I have one particular rule regarding marketing. Never, ever, ever, ever listen to what Ag Canada has to say. They simply have little to no knowledge. That part of Ag Canada should be closed.

              Comment

                #8
                Originally posted by dave4441 View Post
                I have one particular rule regarding marketing. Never, ever, ever, ever listen to what Ag Canada has to say. They simply have little to no knowledge. That part of Ag Canada should be closed.
                Sounds like a very good policy. But is there any Canadian government agency that does have good knowledge and produces useful information?

                Comment

                  #9
                  If any agency, Analyst, can shed light on this market, please share.

                  Soybeans still at $20 CAD.

                  Comment

                    #10
                    Originally posted by Herc View Post
                    Haven’t heard from the $30/bus peanut gallery in a bit. You guys still holding onto 2 years worth of crop? Asking for a friend……
                    Didn't the opportunity they were looking for come very close to that price last year at this time?

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