March Canola calls

[farming101]

First target hit today at $17.24, three more targets to go.

That's amazing!

[FarmJunkie]

S.A. Is in a bit of trouble so new beans from there are not as promising as they hoped. Be interesting to see the production reports from there. These guys seem to be a few steps ahead of the farmer all the time.

[ry0972]

Had a $17.30 target trigger today for mid march delivery.
Next one is $17.75 for march as well.

Wheat getting very close to a couple targets.
A few guys had $8.25 wheat trigger today but not sure what grade, protein level or delivery time the target was for??

[Rareearth]

Very interesting - telling?

So the buyers were suggesting that Feb and March were full, and they were only contracting for May, June, July,

Now March delivery,
hum ......

[jazz]

First target hit today at $17.24, three more targets to go.

Seems to be ahead of things where you are at sodbuster. Only just cracked $17 here today in Regina at RP.

Booked some for $16.62 last week, already 50c higher today.

[farming101]

New all time high for the May contract

[bucket]

You know as crazy as these prices are...if you factor in all the rest of what it takes to farm...this is where prices should be and stay , fingers crossed...

It may well be create another consolidation....but....

[farming101]

You know as crazy as these prices are...if you factor in all the rest of what it takes to farm...this is where prices should be and stay , fingers crossed...

It may well be create another consolidation....but....

Yes, true.
Looked at another way, the relative value of cash is taking a nose dive when it comes to trying to get a price nailed down on anything farming related.

[Sodbuster]

2nd target hit this morning at $17.92 currently at 50% sold now.

[FarmJunkie]

X9 Deere combines are cheap now. Lol

[bucket]

A few more sold out recently even with HIGH canola prices !

Nothing wrong with selling out on a high.....forced or informed decision...

There would be very little land that wouldn't have a gain if bought in the last 5 years...

[Rareearth]

Very good Sod!
Wish I grew more,
What are your next targets and time lines?

[farming101]

X9 Deere combines are cheap now. Lol

I wouldn't be surprised if the price is changing daily.....on machinery

[furrowtickler]

2nd target hit this morning at $17.92 currently at 50% sold now.

very impressive sodbuster , good on you .

this makes our hail check on 80% of our canola seem very scant now lol. Hopefully next year.

Still have 20% to price yet, hopefully help our average up.

has been an impressive rally to witness in canola, barley and flax.

Wheat getting drug up kicking and screaming lol.

Green peas still a dog, yellows decent.

[bucket]

Very good Sod!
Wish I grew more,
What are your next targets and time lines?

If everyone grew more we wouldn't be having the current discussion.