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    #217
    Canola sat down for a rest this morning, -14.00.

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      #218
      Originally posted by rumrocks View Post
      Canola sat down for a rest this morning, -14.00.
      Wouldn't March be the Big Dog for the time being?

      A local terminal is using March futures.

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        #219
        did some 11.75 sept oct . I think some exporter was short product so the was a run up in nearby deliveries. Was also listening to a US report saying soybeans don't spend much time in the 12 to 14 bracket ,it will go down or go to 15 who knows?

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          #220
          Just bringing this back to discuss marketing themes....

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            #221
            Originally posted by bucket View Post
            Just bringing this back to discuss marketing themes....
            Soybeans up 30 cents this morning. Everything else green to very green. Rumours of China buying further ahead than typical for this time of year. Any other reasons to be assigned after the fact?

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              #222
              Buying before more Covid lockdowns around the world ?
              Possible port closures in Jan ?

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                #223
                Good day to sell more canola.

                $100/ tonne difference between Jan 2021 and Nov 2021.

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                  #224
                  Daily ups make it hard to roll my hedge program. First world problems LOL.
                  Pricing all physical in Mar capturing basis and inverse. Rolling equal paper into July.

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                    #225
                    Amazing isnt it the two extremes.

                    World prices on fire.

                    In Australia anyone with unsold canola unless contracted cannot get a cash price at moment.

                    Canada opposite, number of millionaire farmers growing each day as they sell canola.

                    Reality hitting hard here for barley canola and wheat a bit is shipping/shipping stem bottle neck/availability past march.. Traders cant trade if they cant ship it.

                    Just had a look news years day here 11am plenty of buyers posting cash prices wheat and barley zero for canola.
                    Last edited by malleefarmer; Dec 31, 2020, 18:46.

                    Comment

                      #226
                      That’s a bit strange, how long would it take to get canola into export position from your farms? Canada as far as I know takes a long time to get to export position given that we’re landlocked and at the mercy off railways, blockades, strikes and whatever else occurs.

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                        #227
                        Originally posted by malleefarmer View Post
                        Amazing isnt it the two extremes.
                        Sounds like a little back door punishment by china.

                        Comment

                          #228
                          Sodbuster should have worded it better theres justnot enough shipping capacity.

                          Ships getting loaded everyday apparently.

                          But shortage after march.

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