Some good yields in places yes , but the later seeded stuff is showing some big signs of frost damage . A lot of that big canola crop was green when the first frost shot the entire northern grain belt 3 weeks ago . Something to think about
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Originally posted by ajl View PostBetter not be 20 MT of canola, otherwise watch for $6 canola next year. Unseeded acres here all going in canola in '18. There is still land coming into production from hay and pasture and clearing bush coming into production every year around here. Making new farmland every day.
They market is not hanging on because they think the crop is smaller, it's hanging on cause the demand is there!!
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Originally posted by HappyFarmer View PostReally???!! You believe guys carried that much over???? I cant see it.
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Originally posted by HappyFarmer View PostAll due respect that's bullshit. 20 million does not mean 6 bucks. No even possible. We moved 20 million tonnes into the system last year and can easily do it again this year if not more.
They market is not hanging on because they think the crop is smaller, it's hanging on cause the demand is there!!
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Sold but still in the bin by July 31 is carryover
Still in anybody's bin or on the rail or a laker as of July 31 is carryover
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Lock the bins and wait it out. Next spring summer will be interesting. Any production hiccups and watch out.
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