Canola Price

[WiltonRanch]

ADM today $18.40 up from $18.27. +$5 basis but jumps to +$20 feb 1. Local elevators are $1 per bushel less. Even they are telling guys to go to the plant. Only crop holding in there is barley. Have a feeling the same fools who flooded the oat market will do the same with barley this year.

[flea beetle]

ADM today $18.40 up from $18.27. +$5 basis but jumps to +$20 feb 1. Local elevators are $1 per bushel less. Even they are telling guys to go to the plant. Only crop holding in there is barley. Have a feeling the same fools who flooded the oat market will do the same with barley this year.

Picking the winning market, is like playing whack-a-mole!🤣

[shtferbrains]

Thanks Errol and Wheatking for your insights and knowledge. Should have sold more at 19.70 but was incremental selling into a rising market. Wheat you had mentioned earlier canola would top $860 $870 before dropping off. Shoulda woulda coulda.

It's alway easy to look back and know what we should have done.
The trick is not making mistakes that you can't forget.



Everyone has shouda coulda moments.

[wheatking16]

A dragonfly Doji is set up on the weekly candlestick.

This is considered bullish.

[Partners]

Canola up..and it's a Friday.
Usually means up and beyond.
Long way to go.
RP now immediate delivery..

[WiltonRanch]

Australia run out of canola already?

[cropgrower]

heading back up good this morning , up 17$ a ton now ! still have none of 22 crop sold so 🤞🤞

[Partners]

Premium on..yay.
Trains coming..need canola.

[Guest]

Premium on..yay.
Trains coming..need canola.

How much?

[Oliver88]

Premium on..yay.
Trains coming..need canola.

Translation: It’s -30 and we need to keep our employees busy.

[Goodtime]

How much?

$18.50 Feb delivery to Viterra Wadena.

[Partners]

$18.50 Feb delivery to Viterra Wadena.

18.53 to RP wadena.
See a trend..both almost same price.
Put in MM for 19.00.
RP has 2nd train in 2 weeks..so maybe?

[mcfarms]

18.53 to RP wadena.
See a trend..both almost same price.
Put in MM for 19.00.
RP has 2nd train in 2 weeks..so maybe?

60 cents higher over by the big rocks to the west.

[furrowtickler]

Viterra has a premium for feb canola.
$18.00..wow empty the bins..
Let the teasing begin.

Always a signal to hold

[cropgrower]

my plan is to sell the most of mine to go in May /june , they often are beging to get it when everybody is seeding