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Canola basis

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    Canola basis

    I am thinking to lock in my basis for what I think I have left in the field. Markets are firing up and basis could be under pressure. What does everyone else think?

    #2
    We locked in a 13, not great but not bad.

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      #3
      Locked in $13 FOB farm for fall delivery. I think that once "all" the crop is in the bin we'll come up short of expectations. There could be some pretty attractive basis levels late-spring.

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        #4
        I think there is delivery pressure now because of the amount of heated grain last year.

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