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    #25
    Originally posted by Oliver88 View Post
    Overall canolacrazy had some very good predictions. I didn’t hear many people calling for $13 canola this year.

    Very good on canola and oil company stocks. Wheat is the weird commodity that doesn’t want to significantly increase.
    Thanks Oliver. sometimes it's better to be lucky than smart. i do enjoy it when people step out to make predictions on this site. makes for good conversation. always like to see errol's comments and others follow-up. Canola and soybeans leading the way, along with flax. i guess china is driving the market in everything. makes you wonder what they are up to.

    i still like whitecap. seems like a well run company. their balance sheet is solid. they've already aquired two small companies since i wrote about them last spring. today, trading at $5.45/share. all analysts say should get to $6 with oil now hovering close to $60 wti. starting to generate a lot of free cash flow which should mean buying back their own stock, increasing dividends, or both.

    I'm hearing new crop durum is now at about $8/bushel. Canola to $12. hard to not sell some at that price to cover some expenses of the combine.

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