Canola do the markets just not get that soy and canola don't do we'll in mud!

[SASKFARMER3]

Same cab be said for the BS out of the USDA etc.
all last year you said it wasn't that bad of a canola
crop we all know how right you were with that.
Bins will be empty come July wonder why.

[charliep]

Perhap I am missing something but what about has been happening with the 2012/13 canola situation that has suggested the market hasn't been dealing with the tight carryover. Given 99 % of canola enters the commercial handling so looking at the numbers is relatively easy. CGC numbers point to a 500,000 tonne carryover which is still tight when you are looking at monthly disappearance of 1 MMT.

New crop is another discussion. I have not nor will I put out a 2013 production number. I suspect you found me pretty wishy washy last year as well. The market will be the ultimate determiner of value - not forecasts by any institution. If you think the market is undervalued, stay long.

[furrowtickler]

90% of the canola crop is in - just not the acres they thought and timing is on the later side. It has been 9 years since the last early hard frost, Vegas anyone ....... My bets are that this canola crop will be about ave with some quality issues come fall. All corn, soyabean and canola acres will be short of record acres and yeilds. I would bet a bottle of rum if anyone cares....

[furrowtickler]

Oh , and more wheat seeded than forecast with 60% more feed wheat than 2012 come fall.

[furrowtickler]

Just a heads up IMO.

[SASKFARMER3]

furrow I agree Corn soy and Canola wont get the acreage the trade thinks are being seeded. Wheat my god my neighbour who did canola canola canola canola switched to wheat. HM. Yes those green fields have rows of wheat.
Yes also if I was a betting man I would put money on a fall frost the last year was 2004 and it was very very bad.
Rain doesn't make grain it makes fricking mud!

[tipsy]

furrow you had feed wheat in 2012, not because of frost? and it seems you believe we are over do for a fall frost what date are you picking? and if were going to do a poll/wager, i'll go no frost before for sept 2 around 2am.

[errolanderson]

If you have forward priced canola for fall
movement, but want to be long canola
through the weather season without a huge
price risk . . .

Nov canola $600 calls may trade for $10/MT
on a market pullback. If canola fizzles
this summer, you only risk the premium.
But if canola rips higher, these calls
will appreciate in value.

[seabass]

When u boys be able to start seeding again

[furrowtickler]

tipsy, feed wheat in 2012???? realy

[Choice2U]

Tipsey...Sept. 2 at 12:01 will be the frost....let's see who is closer.

[Oliver88]

Just a random note, the frost in 2004 was on
August 20th.

[furrowtickler]

Even a Sept 15th frost will be a shit show for some.. just sayin.

[furrowtickler]

Unless we get extrodinary heat units june/july/august.

[tipsy]

the 04 frost just about sunk this farm. thanks to the pos agristablity program we were covered for about 1% of our losses that's right 1%. I hope I don't have to go another round with a mid aug frost.