Canola

[Sodbuster]

No news as far as I know, USDA report tomorrow so players may be posiitioning themselves ahead of the report.

[GDR]

Was there any news to justify the turnaround in canola today? Spent most of the night and most of the day well into the red, only to finish up green on all months. Sweet oil down a dollar.

It's been like that lots of days this fall. My hunch is the big wigs are trying real hard to manipulate the market down and lack of willing sellers bounces it back up.

[BTO780]

Was at my local retailer today he said the top invigors are already sold out. Was surprised to hear that considering the ridiculous price of fert, and how dry it is. Guess price dictates what’s going on.
Maybe production of canola seed was down. I always thought most was grown from irrigation.

[AlbertaFarmer5]

Was at my local retailer today he said the top invigors are already sold out. Was surprised to hear that considering the ridiculous price of fert, and how dry it is. Guess price dictates what’s going on.
Maybe production of canola seed was down. I always thought most was grown from irrigation.

Irrigation doesn't help when it's high 30 degree weather. Evidently both yield and germination are way down.

[jazz]

Was at my local retailer today he said the top invigors are already sold out.

We grabbed 233 almost a month ago thinking seed would be the first thing to go up in price. Glad we did.

Dont want any new fangled varieties going into next year. Want something tried and true. 2022 is not the year for experimentation.

[ALBERTAFARMER4]

Irrigation doesn't help when it's high 30 degree weather. Evidently both yield and germination are way down.

It definitely helps but I don't think you could put the water down fast enough this year. I have heard of some seed production that did 15bu/ac and 24% sprouted. Bees don't like to work in 37 degrees and I don't blame them.

[furrowtickler]

It definitely helps but I don't think you could put the water down fast enough this year. I have heard of some seed production that did 15bu/ac and 24% sprouted. Bees don't like to work in 37 degrees and I don't blame them.

There were many factors you are correct .
Clean outs probably very high .
The problem with concentrating the majority of seed production in one area . Seed companies are desperately hopeful that contra production from S/A helps fill the gaps in production from southern Alberta.

[furrowtickler]

No news as far as I know, USDA report tomorrow so players may be posiitioning themselves ahead of the report.

Australia, although not a huge player in canola , has production issues .
When the reality of the frost damage in wheat hits , wheat markets should get a boost as well

[farming101]

Ample stocks in the system in Canada. Those holding seed are getting some coverage. Keeping a lid on things

[TOM4CWB]

Ample stocks in the system in Canada. Those holding seed are getting some coverage. Keeping a lid on things
[ATTACH]9137[/ATTACH]

Up goes Canola!!!
Up goes Soybeans!!!
Up goes Wheat!!!

Good luck in finding good yellow pea planting seed, the dry harvest killed large amounts of pea seed. Mechanical Damage 40-50% on many seed lots after cleaning.

We do live in interesting times!

Cheers

[wheatking16]

There is a lot of blue sky above the recent high.

If new highs are made, then my next levels of interest are 970 and 1018, and will reassess if they are reached.

I have no idea when or if that will happen.

The challenge of being deterministic in a probabilistic world.

[ATTACH]8998[/ATTACH]

The first level of interest of 970 now acting as support.

[farming101]

Nov update