Canola Price

[foragefarmer]

could be 27$ again in july ! 🤞🤞🤞

And do you think if Canola does hit $27 again, would those who missed the opportunity the 1st time take it or hold out for $53?

[Sodbuster]

So canola is rising again. What exactly changed in supply and demand in the last month or so. Not a thing. Money just sloshed back into the sector again.

Supply and demand hasn’t changed much but supply will be tight and need to buy some acres for those on the fence and thinking of returning their canola seed.

[BTO780]

Supply and demand hasn’t changed much but supply will be tight and need to buy some acres for those on the fence and thinking of returning their canola seed.

What else does a guy grow?

EVERYTHING is in the toilet.

Too bad canola seed didn’t fall like the price has.

High fert, high seed cost, and low price .. PRICELESS!!!!

[BTO780]

On April 1, the carbon tax will be set at $65 per metric tonne. We are slowly marching towards a carbon tax of $170 per metric tonne, by 2030, which is more than double what it is today.

How do you spell screwed, glued and tattooed????

Somehow these turds need to go.

[fjlip]

Sad but true.

Actually GREAT news/idea, nothing SAD.

" Putin might be the most crazed person on the planet; however, when is the last time you heard a North American politician worry about grain prices falling below the cost of production? And this morning you have Poland and Romania concerned about cheap grain flooding their countries to the detriment of farmers. Canada and the US keep sending money to the UKR; the world bank keeps sending funding for infrastructure – who worries about what it does to the price of wheat for farmers? No one…

[cropgrower]

So canola is rising again. What exactly changed in supply and demand in the last month or so. Not a thing. Money just sloshed back into the sector again.

also i think just a way to shake it loose from the farmers , lots gets sold on the way down

[fjlip]

Agree, panic selling always works, tried and true.

and NONE getting sold now?

[jazz]

also i think just a way to shake it loose from the farmers , lots gets sold on the way down

Money never used to slosh around like that 25 yrs ago. Globalization has made that possible. These big sums will be stuck in tech for a few weeks, then switch over to consumer discretionary, or precious metals, or to china and back, USDT, etc. Rinse and repeat.

Sometimes at night they park them in a forex trade or reverse repo facility with the fed. Creates lots of volatility.

[Partners]

Targets hitting 50 cents above listed price.
Bring on the premiums..

[cropgrower]

And do you think if Canola does hit $27 again, would those who missed the opportunity the 1st time take it or hold out for $53?

i think i will sell some when it gets to 50 🤣

[shtferbrains]

So canola is rising again. What exactly changed in supply and demand in the last month or so. Not a thing. Money just sloshed back into the sector again.

Lot of the commodity board moved at similar values.
Don't know where the money comes from but they used to say the Bulls put the run on the Bears.
WTI was up $3.50 or 5% in one day.
Soy Oil moved about the same % AS Canola.

[foragefarmer]

Actually GREAT news/idea, nothing SAD.

" Putin might be the most crazed person on the planet; however, when is the last time you heard a North American politician worry about grain prices falling below the cost of production? And this morning you have Poland and Romania concerned about cheap grain flooding their countries to the detriment of farmers. Canada and the US keep sending money to the UKR; the world bank keeps sending funding for infrastructure – who worries about what it does to the price of wheat for farmers? No one…

I guess it didn't occur to you that Putin wants grain prices to go up so that he get's a better return on the grain he stole from Ukraine.

Farmers in Russia, they're all controlled by oligarchs who have provided their boss with trillions of dollars.

Putin cares about his farmers, your dreaming Fjlip or smoked one to many doobies.

[Landdownunder]

Can check any of recent tenders in public forum as to who has cheapest wheat in the world. Every tender over last 2 months guess he needed currency.

[LWeber]

I guess it didn't occur to you that Putin wants grain prices to go up so that he get's a better return on the grain he stole from Ukraine.

Farmers in Russia, they're all controlled by oligarchs who have provided their boss with trillions of dollars.

Putin cares about his farmers, your dreaming Fjlip or smoked one to many doobies.

"Sources later told Reuters that Russia had no plans to halt
wheat exports but wanted exporters to ensure prices paid to
farmers were high enough to cover average production costs."

https://www.reuters.com/article/global-grains-idAFL8N3613VK

Since the invasion began - 4 MMT of wheat has been lost in UKR.
Russia grew 92 MMT of wheat last year.


Try thinking once...or is that capacity used up to breathe?

[helmach]

I guess it didn't occur to you that Putin wants grain prices to go up so that he get's a better return on the grain he stole from Ukraine.

Farmers in Russia, they're all controlled by oligarchs who have provided their boss with trillions of dollars.

Putin cares about his farmers, your dreaming Fjlip or smoked one to many doobies.

I think he cares about the russian economy and understands the impact and role agriculture has to play in it for his people.