Is It Worth Growing Canola-You Bet!

[farming101]

Thank a Farmer. Your welcome. 26.7 billion!
[URL="http://www.canolacouncil.org/"]http://www.canolacouncil.org/[/URL]

[farmaholic]

Look at the huge spike in deliveries in Sept(ish) of each year..... also preceded by what looks like a higher price in May/June/July.

Looks like a bit of a pattern.

Or my ECG.

"Thank a Farmer. Your welcome. 26.7 billion!" ".....Agriculture more now than ever." No wonder...... Never has so many lived off so few! There are wealth makers and then there are wealth takers.

[GOODRUM]

[SASKFARMER3]

Once soy get a bigger hold it will be soy, peas canola, wheat, repeat.

The retarded sister still pays less than soy. Just saying fall price was a dollar higher.

[bigzee]

Sea of yellow coming in 17, have a good pair of shades you will need them.

[furrowtickler]

Locked in what we dared two days ago , now its wait and see .
I know a few guys priced at 40 bus/ac already for Oct , might be a good move - time will tell.
One thing that may be interesting will be ending stocks . I think they could be very tight. This last rally sold a good chunk of the remaining canola

[bigzee]

What will the quality be like for the remaining unharvested acres? Has this partially been factored into today's prices?
Good old Trump gave us a good rally this wk on his bio diesel mandate. But, no one is saying if its fact or fiction. It was a great wk to make some sales, as well look into new crop. Best I could get as of Friday was $10.82
I always thought to have flat land and no rocks would be a dream, but now adding living by a crushing plant. As someone always puts on here, "I live in the ghetto". Lol

[fjlip]

Not FLAT but sloped to a river, and NOT to Quill Lake. Live on blacktop, just a short hop to TWO terminals or a crushing plant. That is dreaming. Bet someone is near Altona in that dream.