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Markets down again

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    #1

    Markets down again

    Everything looks red again this morning
    Also down was 28-0-0 though , was quoted $500 yesterday, was $860 end of May . They have a surplus to Move …. Imagine that eh ?
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    #2
    Originally posted by furrowtickler View Post
    Everything looks red again this morning
    Also down was 28-0-0 though , was quoted $500 yesterday, was $860 end of May . They have a surplus to Move …. Imagine that eh ?
    Any price on 46 ?
    Haven't had time to chat with dealer yet.

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      #3
      Originally posted by Partners View Post
      Any price on 46 ?
      Haven't had time to chat with dealer yet.
      Have not heard , never asked about 46

      Comment

        #4
        Originally posted by Partners View Post
        Any price on 46 ?
        Haven't had time to chat with dealer yet.
        Just under $800 last I heard. So half price of what they were gouging late bloomers this spring…..

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          #5
          Coop wants a DEPOSIT on booking, got STUCK with too much $1500 /T, I suspect

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            #6
            Henry hub Natural gas price has lost almost 1/3 of it’s value since June 1. Canola certainly had a bad day today.

            Comment

              #7

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                #8
                I'm an optimist. It's proven we live longer, so I will outlast the M&M (market manipulators) who frequent sites like this. This downturn is a blip akin to the suckers salivating on the external coating. The optimists have already reached the chocolate.

                Any trader thinking that a downturn will pressure an optimist to release his stores of old crop to a M&M will never understand my reaction to what is being attempted. I'm not selling into it. In other words, I'm not buying this summer pressure.

                Comment

                  #9
                  Originally posted by Herc View Post
                  Just under $800 last I heard. So half price of what they were gouging late bloomers this spring…..
                  Market bounced back this morning…

                  Feds expanded interest free advance from $100k to $250k June 20.

                  Got crop insurance and hail bill… not bad, 20% more than last year… for 20% more coverage on the base rates…

                  Cheers

                  Comment

                    #10
                    Rumour has it that BTO here presold Canola(for next two crops) into 2023 crop. Interesting!

                    Comment

                      #11
                      big balls he has

                      Comment

                        #12
                        More canola acres wiped out yesterday and last night . Some very wet areas had 4 inches Or more on very saturated ground

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