Just watching Canola bids as of late, someone always has a premium to buy seed. Are the bins locked?
Crushers seem like they are filled up and export program is the only new sales. With the canola futures crash I expect some export sales could be on the books. Would be nice to know if there have been some sales, but that's not reported here. Watch the basis is our only indicator. Wondering if we could get down to a -10 or -15 in Saskatoon. Would get us to a 40 or so in the hinterland. Basis has been wide for quite a while now, starting to look normal, it just feels violating!
Crushers seem like they are filled up and export program is the only new sales. With the canola futures crash I expect some export sales could be on the books. Would be nice to know if there have been some sales, but that's not reported here. Watch the basis is our only indicator. Wondering if we could get down to a -10 or -15 in Saskatoon. Would get us to a 40 or so in the hinterland. Basis has been wide for quite a while now, starting to look normal, it just feels violating!
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