I understand

[JDGreen]

Why suicide rates are higher in the windiest cities.
This is retarded. Sucking the life right out of me.
Gusting to 78 kmh. If the farming practices
werent zero till in this area we would be in a dust
bowl this year. If the bruins werent playing tonight
I wouldn't have much to live for today haha.

[zeefarmer]

It sure makes everything harder to do. And there
are guys spraying in this. I don't think their
windscreens are doing much good. But not as bad
as the Hutts spraying when it's this windy and
their booms are 3-4 feet off the ground.

[hobbyfrmr]

Oh well, i has to land somewhere!
I spent a couple of years at flexicoil back in the
90s and their windscreens were very goods.
They would park those big fans in front and drift
would be only 5 feet. They were very good.

[JDGreen]

ZEE U must not have had the hutts tell you a few
years back that they were going to really show the
locals how to farm. I will never forget that
conversation. Seriously are we learning anything
bahahaha..... Usually when the drill is on the
piece closest to home it is a sign that one may be
finished ??? Congrats

[zeefarmer]

You betcha. It can rain anytime now. Out of fertilizer,
treelines are seeded, ready to sleep for more than 5
hours. But the first seeded wheat was 2-3 leaf stage
on sunday already, so in-crop will come soon
enough. Things didn't go as smoothly as I had hoped,
but if you can't think of anything to change for next
year, you must have been the first one done

How did the drill treat you the last couple of days?

[cottonpicken]

"literally sucking the life out of me"-literally,load
canola and taking mouth fulls of dust from one of the
worst chemicals knowen to man.

[JDGreen]

I have far more good to say than bad about the
drill Zee. To be honest the drill was again bullet
proof and the cart with a couple of minor fixable
tweaks is in my opinion awesome. Was a steep
learning curve but the capabilities of the cart are
unmatched by any other manufacturer. Took a
few thousand acres to get the job i was looking
for. Maybe I'm a slow learner Cotton that crap
on the canola seed is bad bad. I have never ate
so much dust and seed treatment as this year.

[Partners]

Yes there is dust, finally..Hope we miss the rains..51% done..

[Hopperbin]

Agree climbed into the canola tank to clean it this spring worst shit ever better off to sip glyphosate, not really. JD I used your advice about using a big wrench instead of the impact and much better. I did not time myself but drank 2 beer after best ever beer.

[Hopperbin]

Not sure what you guys talking of wind, we have nothing here yet, just light wind. I think last year had to make sure had one hand on the rail.

[Hopperbin]

LOL if working for BHP with all the safety issues would have to have 3 hands on the rail plus a safety chain.

[Hopperbin]

Personally I hope it rains cause not going to get anhydrous delivery anyway.

[jdepape]

My main focus is on basis and spreads.
The FARMCo Canola Basis Index dropped again - now down to 10.47 over July. That's five days in a row. Not bullish.

Also, Bunge has changed its pricing over to the Nov from the July. Now instead of 20 over July they are bidding 105 over the Nov. Avoiding the July sends the signal that their focus is beyond that. Others that have stayed pricing off the July have dropped their basis too.

The July/Nov inverse, a good indicator of nearby tightness is also waning - down about $10 in the last two days.

Last year, between May 1st and the first delivery day of July there was over 1 mmt of EFP's - exchanges of futures for cash - and the open interest dropped accordingly. I can't imagine anyone being short July without having a plan on how to liquidate, like with an EFP.

None of these things point to "fireworks" in the July.

[SASKFARMER3]

Hope for no rain we are going full bore and its finally fun to seed. I know that sounds funny to some but its been so long one forgets what nice conditions are.

[jdepape]

July/Nov canola now around 75 over.

July down more than $8, Nov up close to $7.

I wouldn't buy July right now with someone else's money.

We've been saying for a couple of weeks now to lock in the basis. And to never, ever, ever, carry inventory through an inverse.

It's anyone's guess as to when to price in an inverse - it depends on if you want to roll the dice or not. The one thing to remember about inverses due to tight old crop supplies is that the nearby month (July) needs to divorce itself from the rest of the market. It has to do it on its own. So, although soybeans have been helping, for fireworks in the July canola, it's gonna happen regardless of what soybeans are doing.

July/Nov now at 80 over - it's gonna be a bumpy ride.