New Crop Canola

[furrowtickler]

I bet it’s the same story across 80% of Sask for sure right now as above posts

[Sodbuster]

I don’t your number is far off, it’s more than the industry wants to recognize.

[Grain Farmer]

Canola 15.98 to wadena this morning.

[fcr]

16.11 TO Davidson

[furrowtickler]

Vast majority of canola been gone here for months in this area . Bills had to be paid and with below average yields last year bins are empty
so canola could go to $20 again , most will just watch from the sidelines here

[wheatking16]

Vast majority of canola been gone here for months in this area . Bills had to be paid and with below average yields last year bins are empty
so canola could go to $20 again , most will just watch from the sidelines here

An opportunity to replace with paper.

[ajl]

New crop bids @Bunge Ft Sask range from 16.20 in Sept to 16.41 for Jan 2026. Best old crop is at $16.58 for August. Old and new crop has pretty much levelled. Seen some canola bolting already from the drought but one inch last Saturday has bought some time around here.

[furrowtickler]

Soy bio fuel agreement Friday seen as somewhat positive

[shtferbrains]

Roughly 25 billion gallons per yr including 9 billion of diesel, jet fuel, transportation type fuel including canola oil.
1 billion gallons requires 8 million tonnes of canola seed @ 42% oil content.
Canola is preferred over SBO due to better low temp flow especially for JP.
Some provision for US source but if canola oil is at a significant premium down there someone will figure a work around.

DYOD as this is just my back of a napkin figures.

The whole net zero targets are heavily based on Biofuel.
No way around it.

40% of the US corn crop goes to ethanol for gasoline blends.