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Canola blow off top?

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    #11
    Originally posted by blackpowder View Post
    $16.08 Camrose Crush May

    +$39.00 basis that’s impressive, most I’ve seen in SK is a +10.00

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      #12
      Grain companies are playing games they don't want to pay farmers and are trying targets, it won't get there and basis nonbasis flat price etc.

      It's all about paying the least and selling for the most.

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        #13
        15.09 march here..

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          #14
          Incoming freight to stand for futures delivery plus the hassle probably at this level, ish. Possible that crushers pay $50 over before this is over. Blows a standard hedge program out of the water but wth! Didnt leave any naked spec tonnes First time for a $1000/ac gross even if only on small amount.
          Thank the Donald for Chinese trading behavior the last few years?

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            #15
            $1000/acre has a nice ring to it!

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              #16
              Now if only we could price September for 15 or higher.

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                #17
                Crush margin has changed a lot in the past week. Better margins based off July and Nov now. Watch the inverse. May be unwinding.
                The plant went to +32 July del basis July - self haul
                Camrose is +45 for June/July del basis July

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                  #18
                  Originally posted by Partners View Post
                  Now if only we could price September for 15 or higher.
                  Starting to see $12 September specials.

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                    #19
                    12 bucks oct..

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                      #20
                      Canola and HRS wheat up big.

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