Scorching canola

[jazz]

I would be looking at hanging on to any crop for a little while. US midwest about to get a harvest surprise.

[farmaholic]

Hoping to bin it all. When prices in fall increase and they appear to want delivery(and leave the pricing risk with the producer through "programs"). It might be telling us something.

Hopefully this doesn't lose momentum.

Edit in...maybe not all crops

[the big wheel]

We re still short 2 bucks a bushel canola due to the China losses no matter that the price is now.

What we have is proof that there is market manipulation by the small amount of buyers and players in the oil crush seed trade. Canola came back to 10 without China demand? Give me a break.

[sumdumguy]

When combines are grinding out the dust where black gold should be reality will hit the markets. When farmers are 🦨 markets 💥

[beaverdam]

Hurricane moisture didn't make it's way very far north, no relief from dry/drought conditions in the corn belt. Has to be supportive both corn and beans as they reach a critical stage.

https://droughtmonitor.unl.edu/Maps/CompareTwoWeeks.aspx https://droughtmonitor.unl.edu/Maps/CompareTwoWeeks.aspx