Fun week in Grain Markets Down down and down. What looks good for 2020. Nothing?

[jazz]

These newer varieties don’t compare for drydown like the older ones. Price you pay for higher yield.

With the cool spring, wet summers more iffy falls, higher oil contents, longer dry down and sometimes lack of movement now that china is not gobbling up these bushels, Canolas risk just went way up. The storage risk to hold this now until an opening in the market or movement comes around is much different than selling it off the combine to china.

And the cost to dry this down a couple points every year on your own means a drier and a pricey nat gas hook up along with the carbon tax. The guys custom drying around me are plugged with hundreds of thousands of bushels. I can get wheat or lentils from 16 to 14 and sit on it easier than I can get canola from 13 to 9 and watch bins all winter. I am out.