Wow! old crop canola

[farming101]

Looks like everyone is covered. Down 8+

[Daylate]

Guess the remainder wasn't selling so theyre gonna see how much they can get on the way down

[Kinger]

Export demand drying up, domestic crush filling up. Still might find the odd opportunity if someone runs short but I think the best days for this year are behind us.

[errolanderson]

Export demand drying up, domestic crush filling up. Still might find the odd opportunity if someone runs short but I think the best days for this year are behind us.

Seasonal late crop year canola demand slowdown . . . China credit issues impacting global commodities.

[farming101]

Producer delivery patterns are different this year. I do not think there will be a late season surge of canola deliveries this year. Could be wrong

[Partners]

Excellent seeding conditions . haha..
Must be one extra canola seed..

[farmaholic]

Gotta wonder if this thing will bottom and turn higher or trade range bound. At this point it looks like I unloaded old crop just in time...pure luck. We are delivering now

[HappyFarmer]

It's May 30th and we have already used SF3's 16.9 million mt canola crop up (see I told you it was was bigger than that in the fall).

I think we will rebound a bit from here but 530 july is gone for this year I think. Glad we cleaned out at 11.75.

[sumdumguy]

If those Canola buyers had a brain, they would be buying all that they could. it could be a damn short crop this year.

[biglentil]

If those Canola buyers had a brain, they would be buying all that they could. it could be a damn short crop this year.

Ya if I had more balls I would go long canola futures problem is the market can stay irrational forever. Why because its 100% fixed paper bs.

[SASKFARMER3]

Facts that the market knows jack shit.


Its all a scam to get the last bit of canola before they do maintenance etc.

!. Way less seeded acreage.

2. Shit show dry canola and flooded canola and late canola does not give a bumper but a crop thats it.

3.Pipe line is f%^king empty. They know it.

4. Spring harvested is shit.

5.Finally all early seeded and late seeded is equaling out all shit.

[sumdumguy]

I am laying a bet on Canola futures. My prediction - 12 and heading higher. But just a Dumguy.

[Guest]

Just got $7 for a couple loads hrsw