Who needs canola

[RD414]

As the title says, who needs it. P&H saying they are full and have gone to July for pricing month. Grain Corp, Maymont was paying $16 earlier this am. Are we at the point where the canola buyer said that’s high enough or just a waiting game.

[Guest]

theres gotta be a limit ?
once all the bleeding arseholes have their problems covered , it might be it

[Herc]

Richardson doesn’t need it or wheat apparently.....

[Partners]

Richardson doesn’t need it or wheat apparently.....

RP rep now said their covered till July..

[Maver]

If no one needed it, I don't think the futures would be where they are now. I think it's a bullshat excuse to widen the basis.

[Sodbuster]

Grain companies might be getting nervous about making sales and not been able to buy enough to deliver to export.

[FarmJunkie]

Same old shit. Just when we start to catch up to every other over inflated product our products value is capped. Total piss off

[macdon02]

The spreads are talking....

[Maver]

The spreads are talking....

Care to translate

[Guest]

G3 colonsay June special $16 canola

[WiltonRanch]

Must be different here. Movement decent. Line companies are beating the crusher handily. Crusher -$40 Line Co -$7. Nearby feed grains I think the pipeline is empty.

[RD414]

I think P&H wanted to step back from market for a couple of days and this afternoon they are back bidding 16.05 for may, June July. This doesn’t line up with their bid page so basically bidding whatever it takes to fill a certain tonnage

[Old Cowzilla]

Crushers will shutdown in July and August give employees summer holidays and bring in crews to fix and retool. And be ready for wall to wall canola crop in September..... no problem.

[blackpowder]

Crush full for Mar here.