Canola up today....

[farmaholic]

101, have deliveries to Primary Elevators fallen off the same cliff as prices?

We would need a pre and post price crash comparison of deliveries but I would think some people were smart enough to sell early in the decline....so skewed it might be.

p.s. Get that drill out, it's getting late.


On another thought, how much canola is sold off shore on speculation? GrainCos know whats in the countryside. So make the sale and wait for the grain to roll up the driveway? Then the market crashes and there could be a good spread to pocket, besides the regular margin. I doubt they would do that, they could easily be on the wrong side of the market if prices rose substantially, me thinks it's too risky and they're fully hedged.

[farming101]

Can probably blame the low weeks on cold temps and road weight restrictions

[zeefarmer]

yea they are scooping up any contracted canola around here even June July contracts

Our local elevators grabbed ours and others June/July contracts 3-4 weeks ago.

[farmaholic]

This thread is focusing on prices, I meant my seeded stuff is up.

[farmaholic]

Just volunteers

[bucket]

[ATTACH]4225[/ATTACH]

Just volunteers

The volunteers will survive the freezes....the seeded stuff...well???????

[farming101]

This thread is focusing on prices, I meant my seeded stuff is up.

I misunderstood. I'm a poor one to ask.
Nuthin's growing here. You got a greenhouse?

[farmaholic]

I misunderstood. I'm a poor one to ask.
Nuthin's growing here. You got a greenhouse?

Ok, enough bullshit from me this morning....lets get back on track, canola up before the start of trading



I THINK THIS SCRAWNY BULL SEES A HUNGRY BEAR

Ok, now I'm done

[jazz]

Get up, bash Trudeau, praise trump, go seeding.

Appears this China thing is DOA. Trump is in the process of hammering those commie reds once and for all. Reports say they back tracked on dozens of items in an agreement that was ready for signature. If US cant deal with these guys ow can pathetic Canada. China is about to get a hard lesson.

Remember what Zehian said. Chinas economy is 80+% export based so it needs youngish rich consumers to take in their junk. And its mostly junk lets be honest. There is only one market that meets that criteria. Europe old and aging, India poor, etc. US economy is only fraction based on exports. They have the upper hand by miles.

[bucket]

Farmaholic

Are those bricks that steer/bull is shitting?

[sumdumguy]

Every Chinese ship load is full of bugs. Turn em back.

[ajl]

Get up, bash Trudeau, praise trump, go seeding.

Appears this China thing is DOA. Trump is in the process of hammering those commie reds once and for all. Reports say they back tracked on dozens of items in an agreement that was ready for signature. If US cant deal with these guys ow can pathetic Canada. China is about to get a hard lesson.

Remember what Zehian said. Chinas economy is 80+% export based so it needs youngish rich consumers to take in their junk. And its mostly junk lets be honest. There is only one market that meets that criteria. Europe old and aging, India poor, etc. US economy is only fraction based on exports. They have the upper hand by miles.

Given that the above is true, seed what? Need a market first. Around here the focus is on cash conservation. Turned down a rented field yesterday. Funny thing, lots think that the trade dispute is about that Meng lady. Sure China is pissed about that but the trade actions would be going on even without that because China is in big trouble due to debt servicing. Those high speed trains are not cheap.