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New Crop Canola Sales

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    New Crop Canola Sales

    I'm wondering who's been on the sell side of new crop canola lately. Is it the Canadian farmer?

    Small poll: who has made any sales since the second week of June?

    Me: 0%

    #2
    0. But recently received recs to do so.

    Comment


      #3
      I was one of those who had sales from last winter for roughly 10% of a good crop on my land just under $12. Bought back a portion of it just as the heat wave started for $18 which included a buy back penalty. In order to prevent loss on both ends I resold those bushels for $20.51 right at the end of August when I had canola in the bin so the final price will be just over $14. Turns out the pre sale was just over a quarter of final production.

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        #4
        0
        We have had 3 dry years now

        Comment


          #5
          Besides JD, Farmers Edge, and other technology information takers

          Crop insurance should be the most accurate information available, so they should be giving the sask crop reporters good info

          Comment


            #6
            Originally posted by Rareearth View Post
            0
            We have had 3 dry years now
            Click image for larger version

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            1 2 3 4 5

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              #7
              0, still trying to get enough in the yard to cover contracts made earlier.

              Comment


                #8
                Originally posted by Dr Tone View Post
                0, still trying to get enough in the yard to cover contracts made earlier.


                Same here.

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