Canola

[Guest]

whats everyone think , are we at the top ?

[flea beetle]

Flip a coin. When is the Russia/Ukraine war going to end?

[Partners]

We sold some.price didn't go up..
We tried..(usually does).
Bunge Dixon..RP yorkton.
No price till February..

[AlbertaFarmer5]

Flip a coin. When is the Russia/Ukraine war going to end?

If one considers their performance during WW2 as a timeline, then the hostilities have hardly even started yet.

[flea beetle]

If one considers their performance during WW2 as a timeline, then the hostilities have hardly even started yet.

Then prices are likely just getting started as well. My guess anyway.

Where is macdon when you need him?

[AlbertaFarmer5]

Then prices are likely just getting started as well. My guess anyway.

Where is macdon when you need him?

People familiar with the politics of the region have been warning that Russia would rather have a nuclear wasteland where Ukraine used to be, than to have Nato on their doorstep. If they are right, then that would appear to be direction this is being forced into. That could take a lot of production off the world balance sheet for a long long time to come.

[Templeboy]

So...if this is the top, what tools will people use to lock in, or minimize the downside risk? options are expensive with the volatility.

lock up high fert prices (which won't come down 'til after spring,) lock up high rent (for multi years,) high fuel, high iron...the cure for high prices is high prices! (going to be ugly)

We have a whole gen of farmers that didn't see the 80's and early 90's. land rented for taxes in many rm's

[blackpowder]

I believe/hope that $15-$20 is the new $10 and $10 the new $5 when I look at costs.

[Guest]

So...if this is the top, what tools will people use to lock in, or minimize the downside risk? options are expensive with the volatility.

lock up high fert prices (which won't come down 'til after spring,) lock up high rent (for multi years,) high fuel, high iron...the cure for high prices is high prices! (going to be ugly)

We have a whole gen of farmers that didn't see the 80's and early 90's. land rented for taxes in many rm's

That’s what I have eluded to with wise guy

[quadtrac]

It’ll go higher towards spring.
Lock the bins. $25 coming

[SASKFARMER]

Have a great basis on our first sale off January on 50000 bushels I’m waiting for 1000 and this sale is done. Delivery next month.