Canola Price

[Goodtime]

Canola price has been moving down for the past few days.

[Hamloc]

Canola price has been moving down for the past few days.

Canola price hit resistance at $900 and now is ratcheting lower. Bearish tone in the markets right now imo.

[Rareearth]

Or maybe there are no forward export sales?

[Partners]

Or maybe there are no forward export sales?

Crushers full like I said before..

[errolanderson]

Malaysian palm oil plunged 10% so far this week. Soyoil appears technically topped out. Crude oil falling.

It's a recession . . . .

[jdg364]

The usd/cad exchange would be a factor in the last week or so price decline. Sold some when futures hit the 900 area, looks like I should have sold some more.

I was hoping for a little run but now I’m hoping it will recover from it recent loses before Xmas.

[Old Cowzilla]

Lots of land and steel pymts. due dec. 1 and grain co's have caught on.

[errolanderson]

Good news . . . solid drop in gasoline prices, diesel starting to break as well.

[Goodtime]

Canola is still dropping....brutal.

[BTO780]

Canola is still
dropping....brutal.

$11.55 wheat now that is brutal.
$12.80 yellow peas

Grain News said:
Priority No. 1:
“Produce More”

More for what???
For lower prices???

There is little demand for some products as it is and growing more just adds to the problem.

Canola crushers are making wads of cash each day. Someone is making a pile of cash.

[Partners]

Canola is still dropping....brutal.

If under $20 canola acres will drop next yr.
Malt bly kicking its butt..

[Goodtime]

If under $20 canola acres will drop next yr.
Malt bly kicking its butt..

Agree and $4.50 oats will become barley acres.

[Livewire]

If we as farmers quit selling now that the price has dropped I believe we can greatly influence the price to recover and then some. Crushers making wads of cash from our canola will need to be buying more. They quite likely have oil contracts so they need a steady supply

Futures seem to be somewhat stabilizing tonight. Lock the bin and let the buyers know they have to pay up!!

[BTO780]

If we as farmers quit selling now that the price has dropped I believe we can greatly influence the price to recover and then some. Crushers making wads of cash from our canola will need to be buying more. They quite likely have oil contracts so they need a steady supply

Futures seem to be somewhat stabilizing tonight. Lock the bin and let the buyers know they have to pay up!!

I like the way you think.

Problem is my good looks only go so far as paying bills are concerned, and it’s yr end and I’m on my last mulligan.

[Goodtime]

I like the way you think.

Problem is my good looks only go so far as paying bills are concerned, and it’s yr end and I’m on my last mulligan.

Take a CCGA cash advance and lock the bins.