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Canola, watching the weather

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    #1

    Canola, watching the weather

    Weather delays in the forecast. Nov over March
    Click image for larger version Name: calling it forward.jpg Views: 1 Size: 75.7 KB ID: 778585
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    #2
    ....don't worry, there's lots of carryover to fill the gap!

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      #3
      Did they just wake up?

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        #4
        Over 2 MMT of carryover has been used up since Aug 1

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          #5
          Originally posted by farming101 View Post
          Over 2 MMT of carryover has been used up since Aug 1
          How did they manage to source that carry over from producers with the prices that were offered?

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            #6
            I sold for $9.72 at the end of the crop year, bins cost money. When this crop comes off, if all of it ever does, I'm sure prices will soften again, especially if producers are looking to dump tough canola again.

            So what I sold was likely part of that 2 mmt. At this point I'm 30 cents down...lol.

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