Markets today ?

[Partners]

Posted price..They have a $10 premium on till noon also...

[farmaholic]

I wish I was within a reasonable trucking distance of the crushers....

101...tell the GrainCos not to ignore demand....I demand. $12/bu.

[wmoebis]

I wish I was within a reasonable trucking distance of the crushers....

101...tell the GrainCos not to ignore demand....I demand. $12/bu.

Rail freight cheaper than trucking. Be nice to load rail car close to home and ship to crusher.

[furrowtickler]

Hmmmm , positive biodiesel incentive out of the US driving beans today .
Now if only that could happen in Canada eh ?

[farmaholic]

Presently March over May inverse but not by much.

I never looked....did bean oil or soybeans push it up or is Canola a big boy now and making it's own moves.

[errolanderson]

Rumoured Trump biofuel changes sparking monthend fund shortcovering . . . .

[fjlip]

Hmmmm , positive biodiesel incentive out of the US driving beans today .
Now if only that could happen in Canada eh ?

Corn and soybean futures soar on signs President Trump could retool a federal mandate that sets annual requirements for how much ethanol and other biofuels must be mixed into the nation's fuel supply. The Renewable Fuels Association, an ethanol industry group, says it learned from the Trump administration that a pending executive order would make changes to the way ethanol is blended into US gasoline, which grain traders see as a boon for
ethanol production as well as corn, the main feed stock in the bio fuel. Potential changes to the mandate also are seen as positive for soybeans, used to make biodiesel. CBOT March corn jumps 2.9% to $3.70 3/4/bu while soybeans rise 2.3% to $10.34 1/2. (DJ)

[Oilking]

Uh-oh. More ethanol needed = more corn acres needed. I guess this kinda throws a wrench into last weeks USDA forecast. The acreage battle has just begun. Less beans and more corn now.

[furrowtickler]

Not sure about that , if beans go up relative to corn there may not be much change . Time will tell

[Guest]

trump helps us out again , wtf ???? he cares about his farners ??? not like this arrogant a hole we have .
we took some $11.70 for apr in tisdale for canola this morning , prob $11.75 now . that's a good price for yorkton but costs us 60 cents a bu for freight to get it there

[furrowtickler]

Has JT ever even mentioned bio fuels since the east voted him in ?

[Oliver88]

There is a Presidential Address to Congress tonight.
Maybe the ethanol mandate/biofuels requirements will be mentioned?