Markets- soybeans, canola,corn, wheat

[Guest]

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.

Good luck ajl !!
Check your top sieve lots but that glowbull warming temp you are experiencing in early nov. should be enough to keep ice off
If only those assholes knew what we go through so they can eat

[GDR]

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.

Not sure you could find a swath here today, almost a foot of new snow.

[malleefarmer]

Drought induced or enough malt barley n the world.

Currently only a $10 premium malt barley over feed and only $3 for malt 2

Best to sell direct of farm to end user will be in front.

Haven’t started harvest here yet getting closer 5 to 7 days

Sarcasm humour intended but fark it’s cold hrefor harvest weather been about 17c all day should be 25 plus it’s November

[farmaholic]

Drought induced or enough malt barley n the world.

Currently only a $10 premium malt barley over feed and only $3 for malt 2

Best to sell direct of farm to end user will be in front.

Haven’t started harvest here yet getting closer 5 to 7 days

Sarcasm humour intended but fark it’s cold hrefor harvest weather been about 17c all day should be 25 plus it’s November

Broker here reports a malt deal on 13500 bushels @ $5.10, I don't know how that compares to the specs of Oz Malt 2 though. I would think good premium malt is as rare as unicorns in Western Canada.

[Hopalong]

Local elevator quote for Metcalfe malt variety is $4.77 bushel, $3.03 for feed.

[Oliver88]

On Minneapolis, I'm watching Chicago for guidance. Nothing much happening till the new year, then i would want July futures somehow if you don't want to use a brokerage account. Really need Chicago to close over 535 roughly, we were close last December. There's a story but it'll take time. CAD should top out at 78 then reverse. Look to move on Feb/ March delivery but roll into July. I grew zero wheat this year so I'm just at the top of the bleachers. We need uzzdah to have the come to jesus moment and say we have a problem. They won't do it overnight. Baby steps.

How would you handle this using a brokerage?

[malleefarmer]

World barley production in 2019/20 is projected to be the highest since 1994/1995. Exportable supplies of barley are plentiful across the globe. USDA forecasts world exports of barley in 2019/20 at 28.0 MMT, a 9 % increase over last year and the third-highest on record

[Oliver88]

World barley production in 2019/20 is projected to be the highest since 1994/1995. Exportable supplies of barley are plentiful across the globe. USDA forecasts world exports of barley in 2019/20 at 28.0 MMT, a 9 % increase over last year and the third-highest on record

Definitely a big barley crop in the prairies since it was one of the first crops harvested.
(Unlike canola which several million acres will be harvested in spring.)

A larger than normal % of it is feed though.

[malleefarmer]

Feed barley slumping harvest ain’t really started. $235 on farm basically $40 fall since late sept.
Wheat still healthy $285 on farm. Canola $550

[errolanderson]

Feedlot barley bids delivered southern Alberta are quite firm. There is a pickup in placements and of course cold weather supports demand. Lethbridge-area feeders now contracting around $225/MT ($4.90/bu) for Nov/Dec movement. For Jan/Feb, delivered bids approaching $230/MT ($5/bu) heard.

Export market fairly quiet. China business is apt to pick up in the new year.