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Canola blow off top?

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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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              #21
              are we there yet?

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                #22
                Not yet

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                  #23
                  Originally posted by LQQKY View Post
                  could someone post the chart of the last time canola had a blow off top up through the 700's
                  Click image for larger version Name: Exciting.jpg Views: 1 Size: 78.5 KB ID: 770724
                  .

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                    #24
                    Are we there yet?

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                      #25
                      canadian canola is offered +800 into the US July-Sept

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                        #26
                        Originally posted by macdon02 View Post
                        canadian canola is offered +800 into the US July-Sept

                        That’s encouraging news, might have to revise my targets, still have all my canola, nothing priced yet. So exporting to crush plants in the US by rail?
                        Last edited by Sodbuster; Feb 17, 2021, 19:15.

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                          #27
                          Originally posted by Sodbuster View Post
                          That’s encouraging news, might have to revise my targets, still have all my canola, nothing priced yet. So exporting to crush plants in the US by rail?
                          They are out of beans... having said that, you don't want to hold too long either. This might run out of gas quicker then a guy thinks. I show a $25~ range splitting $800, roughly..... I'd dump a significant portion on both sides unless you want to make birthday cake for it. But that's just an idiots opinion.

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                            #28
                            Originally posted by macdon02 View Post
                            They are out of beans... having said that, you don't want to hold too long either. This might run out of gas quicker then a guy thinks. I show a $25~ range splitting $800, roughly..... I'd dump a significant portion on both sides unless you want to make birthday cake for it. But that's just an idiots opinion.
                            Double check those bins but I’m sure you are watching them like a hawk.

                            Go and get some 💰

                            Iceman out

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                              #29
                              Cargill $16.40 for June today.

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                                #30
                                Originally posted by iceman View Post
                                Double check those bins but I’m sure you are watching them like a hawk.

                                Go and get some 💰

                                Iceman out
                                You can splurge and turn the fans on, "just cuz"

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