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$14 canola for New Crop

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  • SmallTimeOperator
    Senior Member
    • Mar 2021
    • 204

    $14 canola for New Crop

    Like I have said before on here, it was only a matter of time. The old top of the market, becomes the new bottom, let’s only hope. Three days this week the Viterra nearby texted out prices that had NC Canola in the $14+ category, with yesterday the lowest at $14.39 for Sept/Oct.
  • BTO780
    Senior Member
    • Nov 2021
    • 540

    #2
    New crop canola with crap insurance $18.82

    Comment

    • shtferbrains
      Senior Member
      • Jun 2017
      • 5176

      #3
      Will $14+ attract any significant acres?

      With what appears to be attractive crush margins have to assume they are going to buy acres to assure supply. It all goes to a crush plant somewhere.

      Are any new Bio Fuel plants going to be consuming new crop?

      Comment

      • BTO780
        Senior Member
        • Nov 2021
        • 540

        #4
        Originally posted by shtferbrains View Post
        Will $14+ attract any significant acres?

        With what appears to be attractive crush margins have to assume they are going to buy acres to assure supply. It all goes to a crush plant somewhere.

        Are any new Bio Fuel plants going to be consuming new crop?
        Acres were bought months ago at $18-19
        No seed to be found now.
        Maybe some returns will happen.

        Comment

        • Oliver88
          Senior Member
          • Dec 2012
          • 4688

          #5
          Originally posted by BTO780 View Post
          Acres were bought months ago at $18-19
          No seed to be found now.
          Maybe some returns will happen.
          How many acres would of been bought up without an Act of God?

          Comment

          • blackpowder
            Senior Member
            • Feb 2010
            • 9241

            #6
            AOG on canola??

            Comment

            • Partners
              Senior Member
              • May 2010
              • 3105

              #7
              Originally posted by blackpowder View Post
              AOG on canola??
              Bunge nexera..20 b/a .AOG..

              Comment

              • Old Cowzilla
                Senior Member
                • Nov 2020
                • 1559

                #8
                Why not just wait till the first week in June before everybody panics. We got 60 days of real important weather to deal with first. We had 3 days of -20 in the morning and 2 -10's and next week after storm only 1 day above freezing forecast. Getting kinda tired of plugging tractors in

                Comment

                • Guest

                  #9
                  Viterra has an AOG. On non GMO also for around 10 BPA

                  Comment

                  • furrowtickler
                    Senior Member
                    • Dec 2004
                    • 21855

                    #10
                    Originally posted by caseih View Post
                    Viterra has an AOG. On non GMO also for around 10 BPA
                    We did some clearfield with AOG

                    Comment

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