Canola

[farming101]

Farma, don't look now but....

[farmaholic]

and the "correction" begins, because the market is always right. Right!

[farmaholic]

It's Friday and a seeding "intentions" report came out. Positioning ahead of the weekend.

[furrowtickler]

Glad we sold some more canola yesterday. Down $5 already this am

[mcfarms]

No that cant be true because according to this letter I have some where around here from the western regional manager of Sats Can they are market neutral.

[SASKFARMER3]

Oh yea they are market neutral all right.

C R A S H !!!!!!!!

[crusher]

We sold some old crop yesterday. Didn't get the top but was profitable. To help load a train we got $11.70. Cargill specialty was $13 ish. A little over 20% old crop left to sell. New crop: it is as cold and wet as I can remember for this time of year in my back yard. I'll need Nov over $500 before I commit to more sales.

[furrowtickler]

Hmmm, canola turning around from early losses .

[Partners]

Does the market listen to stats can reports?

[farmaholic]

Well! ....would you look at that!

[Guest]

like I said ,stats can trash report is a complete waste of time , people are starting to realize , canola up $7 . oh , and there is next to none left in Canada , wonder if that'll matter to speculators with pants around ankles ? lol

[SASKFARMER3]

Yea it is funny the more guys i talk to that are out of canola and now chipping away at wheat and oats and barley.