01-28-2013 07:55 AM
Canola futures prices have been on the rise, so just wondering if Canadian cash prices are doing the same.Is basis rising or falling?Are Canadian suppliesbeginning to tighten?I still have canola to sell here in Aust. so just trying to get a handle on where prices are headed.I know canola will follow beans to an extent but would like a Canadian perspective on canola.
01-28-2013 08:45 AM
Basis is strengthening as the board price....Bunge cash price $640ish and ADM $650ish per metric tonne.
Canola has bucked the trend so to speak and is finally standing on its own. The high oil quality and higher protien meal are the attraction...
01-28-2013 03:54 PM
01-28-2013 06:54 PM
01-28-2013 07:40 PM
Where is the nearest market for canola in relation to Central Kansas? I actually considered a few acres of canola on a few acres just to try something new, but didn't have a clue where to market it.