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March Canola calls

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    #46
    Originally posted by Sodbuster View Post
    First target hit today at $17.24, three more targets to go.
    That's amazing!

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      #47
      S.A. Is in a bit of trouble so new beans from there are not as promising as they hoped. Be interesting to see the production reports from there. These guys seem to be a few steps ahead of the farmer all the time.

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        #48
        Had a $17.30 target trigger today for mid march delivery.
        Next one is $17.75 for march as well.

        Wheat getting very close to a couple targets.
        A few guys had $8.25 wheat trigger today but not sure what grade, protein level or delivery time the target was for??

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          #49
          Very interesting - telling?

          So the buyers were suggesting that Feb and March were full, and they were only contracting for May, June, July,

          Now March delivery,
          hum ......

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            #50
            Originally posted by Sodbuster View Post
            First target hit today at $17.24, three more targets to go.
            Seems to be ahead of things where you are at sodbuster. Only just cracked $17 here today in Regina at RP.

            Booked some for $16.62 last week, already 50c higher today.

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              #51
              New all time high for the May contract

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                #52
                You know as crazy as these prices are...if you factor in all the rest of what it takes to farm...this is where prices should be and stay , fingers crossed...

                It may well be create another consolidation....but....

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                  #53
                  Originally posted by bucket View Post
                  You know as crazy as these prices are...if you factor in all the rest of what it takes to farm...this is where prices should be and stay , fingers crossed...

                  It may well be create another consolidation....but....
                  Yes, true.
                  Looked at another way, the relative value of cash is taking a nose dive when it comes to trying to get a price nailed down on anything farming related.

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                    #54
                    2nd target hit this morning at $17.92 currently at 50% sold now.

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                      #55
                      X9 Deere combines are cheap now. Lol

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                        #56
                        Originally posted by wiseguy
                        A few more sold out recently even with HIGH canola prices !
                        Nothing wrong with selling out on a high.....forced or informed decision...

                        There would be very little land that wouldn't have a gain if bought in the last 5 years...

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                          #57
                          Very good Sod!
                          Wish I grew more,
                          What are your next targets and time lines?

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                            #58
                            Originally posted by FarmJunkie View Post
                            X9 Deere combines are cheap now. Lol
                            I wouldn't be surprised if the price is changing daily.....on machinery

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                              #59
                              Originally posted by Sodbuster View Post
                              2nd target hit this morning at $17.92 currently at 50% sold now.
                              very impressive sodbuster , good on you .

                              this makes our hail check on 80% of our canola seem very scant now lol. Hopefully next year.

                              Still have 20% to price yet, hopefully help our average up.

                              has been an impressive rally to witness in canola, barley and flax.

                              Wheat getting drug up kicking and screaming lol.

                              Green peas still a dog, yellows decent.

                              Comment


                                #60
                                Originally posted by Rareearth View Post
                                Very good Sod!
                                Wish I grew more,
                                What are your next targets and time lines?
                                If everyone grew more we wouldn't be having the current discussion.

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