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Markets- soybeans, canola,corn, wheat

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    #31
    In 2019 Canola has once again turned into a hot potato. 1.4 mmt in the system with over a million in the primary elevator system.

    No need to bid it up and it isn't going to slow down coming to town. Thus the lower values both futures and cash the last little bit.
    Even though there will be over 1 mmt stranded in the field for quite some time and of an unknown quality the industry won't concern itself about that till it has to, if ever.

    price trend, sideways

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      #32
      Viterra rep.says the company has sold very little canola going into jan and feb..

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        #33
        See wheat is refusing to lie down. Not a runaway price wise but supportive seems we’re as beans corn seem to have downside and want to push lower.

        Wheat almost punching above it weight as they say

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          #34
          Originally posted by farming101 View Post
          In 2019 Canola has once again turned into a hot potato. 1.4 mmt in the system with over a million in the primary elevator system.

          No need to bid it up and it isn't going to slow down coming to town. Thus the lower values both futures and cash the last little bit.
          Even though there will be over 1 mmt stranded in the field for quite some time and of an unknown quality the industry won't concern itself about that till it has to, if ever.

          price trend, sideways
          Have been selling $10.90 here aug del , not bad ?
          And $2.90 oats from combine , sept
          Last edited by Guest; Nov 5, 2019, 16:23.

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            #35
            Originally posted by caseih View Post
            Have been selling $10.90 here aug del , not bad ?
            What? Marketing talk in a marketing forum?

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              #36
              Originally posted by caseih View Post
              Have been selling $10.90 here aug del , not bad ?
              And $2.90 oats from combine , sept
              Is that direct to crush plant?

              Comment


                #37
                Originally posted by farmaholic View Post
                What? Marketing talk in a marketing forum?
                Don't goad them into finding an article relating current market struggles to climate change...

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                  #38
                  Originally posted by farming101 View Post
                  In 2019 Canola has once again turned into a hot potato. 1.4 mmt in the system with over a million in the primary elevator system.

                  No need to bid it up and it isn't going to slow down coming to town. Thus the lower values both futures and cash the last little bit.
                  Even though there will be over 1 mmt stranded in the field for quite some time and of an unknown quality the industry won't concern itself about that till it has to, if ever.

                  price trend, sideways
                  Some of that 1 mmt will be coming off tonight if the combines start and will join the millions of tons of damp canola currently sitting in grain bags. -22 here tonight will get the snow dry enough to get blasted out of the combine. -22 is not enough though to set a record low for this date in Vegreville. That was -23.4 set two years ago. How cold does it have to be to keep the green weinies happy? Anyways as this canola is dried and comes to market that will be enough to kill market rallies for quite a while.

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                    #39
                    Originally posted by farmaholic View Post
                    What? Marketing talk in a marketing forum?
                    Sorry , will try to stick to left agenda

                    Comment


                      #40
                      Originally posted by biglentil View Post
                      Is that direct to crush plant?
                      Yes to bunge
                      Oats -RP

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