$700/tone canola

[newguy]

Did a market manager for 12.50 January delivery.should get there I would say.

[farmaholic]

Friday's close: Jan/21 versus July/21 is an $11 inverse.

My focus is July/21 because thats the month my fixed basis contract is based on.

Can I roll back....

[Richard5]

Everyone should be 50% sold of 2020's crop. If you don't like $12 nearby price then book something for May/June with 35-40 cents more. If the price is fortunate to keep rising you can always price 10-15% more a couple times and keep averaging up.

I fear another big stock market crash/correction coming in the very near future. Many have been able to manage finances but a second shutdown/slowdown will cause a lot of bankruptcies

[farmaholic]

I think we're about 62% sold. 0% delivered.

[TASFarms]

$13 is floating around already

[farmaholic]

$13 is floating around already

Crusher bid? Nearby or deferred? Assume commodity canola.

Over night trading opened higher but that doesn't mean much sometimes.

Edit in.....I wish we could be having these conversations about spring wheat too.

[Maver]

$13 is floating around already

Alberta?

[TASFarms]

Alberta?

Sask west central

[rumrocks]

Historically speaking it's got room, but will it have buyers . .
https://www.barchart.com/futures/quotes/RSF21/interactive-chart https://www.barchart.com/futures/quotes/RSF21/interactive-chart

[furrowtickler]

$13 was kicking around last week west of here . Lloyd / Maidstone
Was in the $12.25 to $12.50 locally.
Lots is uncertainty ahead , but stocks may be very thin come June?
Regardless, decent pricing opportunities for the first time in several years .