Mind the gaps boys

[bucket]

When you guys talk of selling off the combine, you mean delivering right?

That's when it all gets too funny.

Maybe some haven't noticed the lack of delivery opportunities.

I would be happy to spot price my grain and move On.

[Hopalong]

Spot price your grain and move on whatever the price?
I think not.

[furrowtickler]

Half way through harvest all deliveries were non existant anywhere around here - thus zero ability to turn grain into cash .
Sounds like the right thing to do though from an office .

[bucket]

Yep at the price I think is fair.

6.50 off the combine to local elevator would be fine for my wheat. But delivering there isn't really an option as they are so far behind.

And now they basically only handle canola and red lentils.

So I look further out to other points and make deals. Flat price.

I know I should be pricing the so called positive basis but one side of my brain couldn't let the fx thing go. Bad I know. But I am the one to blame. No one else.

Deliveries and movement that's someone else's responsibility. And excuses.

[bucket]

Besides i grow flax peas durum. There is no futures.

[charliep]

To hopefully bring back to macdon02 original post.

CBT soybean oil (May) make a break towards 31 cents/lb (resistance in my mind) and has since made a move lower to the bottom end of its trading range.

Canola (nearby) found support at $456/tonne and has moved higher.

The loonie made a run at 80 cents and has crashed back to 78 cents.

I could link the charts if someone likes. Interesting times with lots of things in play.

[Oliver88]

Charlie - The main things I am watching is the CDN$ and Minne futures.
The Fx seems to change 8 cents for every 1 cent the CDN$ changes.

If you could chart the CDN$ vs Minneapolis contract that would be great.

[charliep]

Won't post the links but it is interested to look at monthly charts back to Dec 2008 to April 2009 for canola, soybean oil and the loonie. It is eerie how similar things are to today. Perhaps a question as to whether 2015 will follow a similar path to 2009 out of the ugliness or 2015 will prove to be something different.

[charliep]

I may have to get some help from farming101. He show me how to use photobucket (hopefully name is right) but I have forgot.

[Oliver88]

Yes I will have to learn how to post charts myself.

Might need to get a clinic from Farming 101.