Canola how well or poor are we doing.

[TASFarms]

Seen $12 for fall contract.

[jazz]

So right now we have zero reserve moisture, with practically no snow moisture, and it's already Jan 6th
16 weeks till planting.

The latest chinook from Alberta swung west and melted a lot of our snow this past few days. Need a couple more good shots before the spring. Not dire yet but worldwide seems to be some dryish spots developing.

One thing I know about markets, once they get out of balance, they cna be explosive both ways. If canada was 10 bu average less canola, that means we are going to have to make that up this yr, bushels or acres. Bushels could be a problem without mother nature helping. More acres? Same thing. And even if more acres go in, thats going to take away from wheat or pulses which are also riding high.

[beaverdam]

Yea feed barley is almost higher than Malt.

This morning local RichPio;

Feed barley 1CW = $5.28
Sel 2row Copeland = $5.28
Sel 2row Synergy = $5.17

[farming101]

This morning local RichPio;

Feed barley 1CW = $5.28
Sel 2row Copeland = $5.28
Sel 2row Synergy = $5.17

Wow that's poor

[ajl]

Canola production will not drop much even if it stays dry because a large area of traditional canola acreage will benefit from the dryness. In this area many intended '21 canola acres were summer fallow because we were a swamp by the end of May and stayed that way till mid August. These acres now have a 3 yr rotation for '21 and have a full profile. Canola production was over estimated the past three years running so I think canola production will stay in line with where it has been the past few years. $12 new crop is a pricing opportunity because short crops have long tails.

[bucket]

Every pivot will have canola on it....not higher value crops....why phuck around with carrots and TFW when you can grow a dryland crop like canola under a pivot and get 80bpa at 12 bucks with your existing machinery...and a 40 dollar an acre rebate to boot.????

[Herc]

All my canola is gone, only had one quarter. just under $13 avg. Gambled on wheat last year and now its starting to wake up. Sold two loads for $6.00 off combine as I didn’t want to make a 3000 bushel bag. Guess being lazy cost me. Likely start selling now that bids are $7.40 immediate delivery here.

Hopefully canola stays up for next fall as it will be 90% of my acres.

[ajl]

All my canola is gone, only had one quarter. just under $13 avg. Gambled on wheat last year and now its starting to wake up. Sold two loads for $6.00 off combine as I didn’t want to make a 3000 bushel bag. Guess being lazy cost me. Likely start selling now that bids are $7.40 immediate delivery here.

Hopefully canola stays up for next fall as it will be 90% of my acres.

I am canola heavy in 21 as well because of getting some new fields that were used for oat silage the past few years. It will be yellow this summer and if guys don't get bins swept, could be seeing $10 canola with $11 input costs this year.

[SASKFARMER]

Most in the north are 50/50 and if wheat stays or barley stays that won’t change canola snow canola doesn’t work in the long run.

[Old Cowzilla]

Just call hiway 16 The Yellow Brick Road this summer !