canola

[GOODRUM]

Why has the price gone up?
Because the stack of TPA,s didn't satisfy the demand.
Contracts give them security and suppress the price.
How are you fellas that pay for marketing advice handling this? Id be pi**ed.

[SASKFARMER]

To the moon, because the recent price increase hasn't slowed demand.

[Hamloc]

Why has the price gone up?
Because the stack of TPA,s didn't satisfy the demand.
Contracts give them security and suppress the price.
How are you fellas that pay for marketing advice handling this? Id be pi**ed.

Canola crushers must still be making money on one hand. On the other it would appear that canola supplies will run out before the end of the marketing year. Myself $5.88 difference between what I sold my lowest priced canola at and my highest, a crazy year for sure.

[Rareearth]

Are the crushers or exporters calling contracts in early yet?

This is a sure sign of shortages for near term and price runup possibilities.

[wmoebis]

Canola crushers must still be making money on one hand. On the other it would appear that canola supplies will run out before the end of the marketing year. Myself $5.88 difference between what I sold my lowest priced canola at and my highest, a crazy year for sure.

Did you use market consultant? If not will you from now on? $5.88 is a pile of $'s to miss out on.

[Partners]

Viterra 1 month behind,RP 1 month ahead on deliveries.

[farming101]

More likely to see this when April is here.

Realize that new business may be hard to come by once things get too thin. The risk is too high.
The fireworks will be viewed on the exchange. Crush plant shutdowns used to be a regular event

Commercial stocks of canola are going up for now

[jazz]

This price rise is the result of 2 things, money sloshing around the globe looking for a home and now real shortages being laid bare in the trade with a potential weather risk being added to the mix.

[Partners]

Did you use market consultant? If not will you from now on? $5.88 is a pile of $'s to miss out on.

So did yours tell you not to sell a bushel yet?

[Livewire]

Sold some at 17.25 today. ADM lloydminster. They seem to want it worse than anyone else!! Holding the rest for $20. Or sell for $12 on the way down

[Sodbuster]

Canola poised to break thru multi year highs, time to put some market targets in.

[Hamloc]

Did you use market consultant? If not will you from now on? $5.88 is a pile of $'s to miss out on.

In hindsight each sell decision seemed justified. The first canola I sold at $10.96, seemed reasonable at the time was shipped in November. This was higher than any canola sold in the previous year. The last I sold at $16.84, did I jump too soon, certainly in hindsight but each time I sold on the way up I was happy at the time but it didn't take long to be proven wrong. The question now is should I lock any in for fall and at what price?!