$14 canola for New Crop

[FarmJunkie]

I know some of this 200 an acre rent guys are a little antsy now!

[bucket]

Viterra text this morning has new crop canola at $13.93 for September. And they mentioned that with current weather (one tenth so far at my yard), grower interest is picking up. Oh boy. Are guys starting to panic? I’m afraid if it does actually rain, we’ll be seeing 12s or worse.

As the SNL skit goes....they will make it up on volume!!!!

[Marusko]

I know some of this 200 an acre rent guys are a little antsy now!

Is that you?? haha

I underbid an opportunity to rent more land this spring. might turn out to be a good thing. Hope not though.

[furrowtickler]

I know some of this 200 an acre rent guys are a little antsy now!

When you make your own bed ….
This ain’t Iowa but the game is being played
Hopefully they see something that the vast majority of us don’t see

[Old Cowzilla]

One would think if the guy had the nerve to pay $200 RENT they likely locked in $18.50-$19.00 canola so a $5 dif on 40 bu canola puts them in the same boat as the rest of us . The numbers game can drive a guy nuts some times !

[jazz]

I wouldnt be too hesitant to sell this entire crop when she comes off.

Somebody better start findings some other markets.

[WiltonRanch]

I wouldnt be too hesitant to sell this entire crop when she comes off.

Somebody better start findings some other markets.

[ATTACH]12635[/ATTACH]

Yeah we know China is a fair weather buyer at best. Think you still have to take into account the substantially longer and costlier overland journey from the grain producing regions of Russia to china. Though Russia has been dumping their shitty grain below world price to keep it moving.

[Robertbarlage]

I pay carbon tax so I want russia and Ukraine to have a drought!!!! Isn't that the point of carbon tax get the weather you wish for? Lmfao

[LWeber]

Yeah we know China is a fair weather buyer at best. Think you still have to take into account the substantially longer and costlier overland journey from the grain producing regions of Russia to china. Though Russia has been dumping their shitty grain below world price to keep it moving.

Ukraine is USD$40 under Russia...keep sending them money for infrastructure so it can lower the world price. UKR wheat has been selling for 6 bucks

[foragefarmer]

Putin's missiles wouldn't be the cause for Black Sea wheat being discounted even more than it always is, would they?

[WiltonRanch]

Russian wheat is low quality but it makes a turd at least. Outside of the good areas it is quite low yielding surprisingly. They just have lots of acres. Western Russia is the bread basket and further east closer to China it goes the other way. Almost akin to the Special Areas.

[LWeber]

Russian wheat is low quality but it makes a turd at least. Outside of the good areas it is quite low yielding surprisingly. They just have lots of acres. Western Russia is the bread basket and further east closer to China it goes the other way. Almost akin to the Special Areas.

Russia bpa average was 45+ bpa last year across the entire country

The majority of wheat buyers gaf about quality ...only price. 77 years of quality indoctrination here, may take 77 years to dissapear

Lots of "quality wheat" ends up at Husky in Lloyd.