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    #1

    Canola

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    #2
    This is a rich mans crop....when a neighbour is depressed with a 36bpa canola crop because he realizes he will not make money after planning and spending for a 45bpa ....then a heat wave hits with no smoke ....chances are you need deep pockets and mother nature to love you...

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      #3
      Originally posted by bucket View Post
      This is a rich mans crop....when a neighbour is depressed with a 36bpa canola crop because he realizes he will not make money after planning and spending for a 45bpa ....then a heat wave hits with no smoke ....chances are you need deep pockets and mother nature to love you...
      More is always better but 36 x 12 is still $432. That's a pile of groceries.

      I sold last week for $12.25 dec. There were specials to $12.70 for spring. I bet there is upside potential yet but gotta pull the trigger at some point.

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        #4
        Originally posted by GDR View Post
        More is always better but 36 x 12 is still $432. That's a pile of groceries.

        I sold last week for $12.25 dec. There were specials to $12.70 for spring. I bet there is upside potential yet but gotta pull the trigger at some point.
        I think guys poured the groceries to it for 45bpa and priced at 10 bucks a bushel because that looked OK. .

        Some were short/ emptied out on the contracts which is why the increase in prices....

        With a normal rainfall 10 bucks would have been the high...

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          #5
          I would expect an increase in our production cost also. Equipment and repairs, fuel,
          Seed chemical all due to virus related production
          Problems legitimate or not.

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            #6
            Originally posted by bucket View Post
            I think guys poured the groceries to it for 45bpa and priced at 10 bucks a bushel because that looked OK. .

            Some were short/ emptied out on the contracts which is why the increase in prices....

            With a normal rainfall 10 bucks would have been the high...
            Yes I guess that would suck, especially if they had to buy some contract back.

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              #7
              At 12 bucks plus lots should be priced now.

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                #8
                Originally posted by Partners View Post
                At 12 bucks plus lots should be priced now.
                Holding for spring. I am betting a buck higher at that time once the bins are emptied. Gotta make up those lost heat blasted bushels somehow.

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                  #9
                  Originally posted by jazz View Post
                  Holding for spring. I am betting a buck higher at that time once the bins are emptied. Gotta make up those lost heat blasted bushels somehow.
                  Who needs Vegas? Gotta a have a couple of bins to “play” with. Got 3/4 of the crop sold which is very unusual for us so the rest gets to sit and see what happens............ probably plummet like cattle prices but there’s only one way to find out.

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                    #10
                    Originally posted by woodland View Post
                    Who needs Vegas? Gotta a have a couple of bins to “play” with. Got 3/4 of the crop sold which is very unusual for us so the rest gets to sit and see what happens............ probably plummet like cattle prices but there’s only one way to find out.
                    Are cattle prices rebounding?

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