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Canola shortage

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    Canola shortage

    Must be really short canola if you can sign up $11.50 for new crop

    #2
    Originally posted by TASFarms View Post
    Must be really short canola if you can sign up $11.50 for new crop
    Where are you seeing that?

    Comment


      #3
      I got some $11.08 for Sept and $11.15 for Oct. but I have not seen any $11.50 yet unless it happened today, I see next fall futures were up $2.80 at the end of trade today. The canola shortage is showing up in the narrowing of basis's that has already started.

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        #4
        $13.00 March canola, also got a call from trucking firm to haul my April canola already contracted.

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          #5
          $11.30 here for Oct

          Comment


            #6
            Originally posted by Sodbuster View Post
            $13.00 March canola, also got a call from trucking firm to haul my April canola already contracted.
            $13.25 Maidstone for Feb today

            Comment


              #7
              Originally posted by TASFarms View Post
              Must be really short canola if you can sign up $11.50 for new crop
              Bins will be empty other than canola already priced for future months shortly
              Barley very scarce already and it’s Nov
              Big carry over stocks were never there , fake news lol

              Comment


                #8
                Good comes to those who wait...maybe this year, usually we get screwed waiting hoping crying...as the funds rake in $$$ going down, waiting for PANIC selling!

                Comment


                  #9
                  Camrose crush today $13.20 Jan $11.54 Oct.
                  All the "advisors" are at 60-70% sold.
                  Interesting times.

                  Comment


                    #10
                    Originally posted by blackpowder View Post
                    Camrose crush today $13.20 Jan $11.54 Oct.
                    All the "advisors" are at 60-70% sold.
                    Interesting times.
                    Wild Oats was 40% sold Aug 25. Any one subscribe? At what price?

                    Comment


                      #11
                      Zero percent sold on this farm, should make a sale soon.

                      Comment


                        #12
                        Guys don't get tempted again. If there is a shortage in the trade do you think Canada could make it up in a single year?

                        A lot of things would have to go right for that to happen including a bunch of guys breaking rotation.

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