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    #21
    Originally posted by fjlip View Post
    In 2 months, the crop price increase = FREE fertilizer for 2022!
    If you had a crop.

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      #22
      Originally posted by bucket View Post
      If you had a crop.
      Apparently there is 2018 in bins....double triple price now.

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        #23
        Originally posted by fjlip View Post
        Apparently there is 2018 in bins....double triple price now.
        just one small bin , FJ, LOL

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          #24
          Peas in ND are bid higher than Canola!

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            #25
            Originally posted by farming101 View Post
            By my reckoning December broke out Oct 6. Watching for 10.80
            Touched 10.80 today
            Click image for larger version Name: QMW Nov 1 21.jpg Views: 1 Size: 92.2 KB ID: 771950

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              #26
              What next?

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                #27
                the other pits are outperforming. Good chance of going for the next resistance at 1117 which almost matches the 2011 high of 1120. That is stiff resistance at 1080. Might take a couple weeks
                Graincos buying off the March now. The chart is a continuous nearby.
                Last edited by farming101; Nov 1, 2021, 22:28.

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                  #28
                  Not sure if i follow all the reasons or logic why grain companies dont use the closest futures month too make spot purchases.

                  Or could they be covered in the near future needs and they are trying to get coverage further out at lower future prices knowing that futures will go higher and they will just adjust the basis to incentivize grower selling.

                  Looking for more info. Last year canola once grain companies started using further out delivery months the top was close

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                    #29
                    Originally posted by Rareearth View Post
                    Not sure if i follow all the reasons or logic why grain companies dont use the closest futures month too make spot purchases.

                    Or could they be covered in the near future needs and they are trying to get coverage further out at lower future prices knowing that futures will go higher and they will just adjust the basis to incentivize grower selling.

                    Looking for more info. Last year canola once grain companies started using further out delivery months the top was close
                    Respectfully, with regard to canola I have to ask, what top?

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