Canola- 2015 prod. 17.231 mmt. far higher than anybody on here predicted. But carry-out will be low. spring wht. 2015-22.205 mmt, on the low side, and carry-out will be low. looks good to me! Have atter' naysayers!
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Hopefully all stocks are drained out to low levels.
Peas and lentil carry out should be near zero, except for off grade green peas.
Hopefully shipping and exports remain strong.
We need the cupboards close to empty for a change. Throw in a dry western growing season and prices should be strong this time next year.
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10 to 10.50 for yellow peas new crop.
10x50 = 500. 250 costs, 250 pure profit in da pocket!
Canola 11 bux for new crop a few weeks ago... first 12 bu sold.
wheat... Pasteur 20 bu presold for 6.10.
not bad not bad.... fert prices keep dropping.
Bought diesel today for 50 cents don't pay till end of May.
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Nothin wrong with 6:10 for pasteur wht. if it out yields reg. wht. the way they say it does. ( not a whole lot grown around here, a lot of faller and prosper though )
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as you guys know I used to import fert urea will keep falling phophates had a dead cat bounce and should trend lower. But urea definitely hold off
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