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All posts for the month December, 2012

Updated StatsCan Production – Canola within but low end of expectations. Durum, Lentil, Pea add tonnes. #westcdnag

Posted by J-MAS Market Masters on December 5, 2012
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Canola Nov – 13.3 mmt from Sep 13.2.
Durum Nov – 4.6 mmt from Sep 4.4.
Lentil Nov – 1.5 mmt from Sep 1.4.
Pea Nov – 2.8 mmt from Sep 2.7.

Dec 4th – Deferred “Real” Values for Canola, Durum, Y.Pea

Posted by J-MAS Market Masters on December 4, 2012
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Canola:     Spot = $12.98,      Best “Real” Deferred Price = $12.98 (Dec – $13.19).

Durum:      Spot  = $7.90,       Best “Real” Deferred Price = $8.08 (Jan – $8.25).

Y. Pea:       Spot = $8.31,        Best “Real” Deferred Price = $8.31 (Dec – $8.49).

Canola Spreads - Dec 4th

Durum Spread - Dec 4th

Pea Spreads - Dec 4th

 
 
– Above are tables explaining The “Move” to date for the current marketing year – shaded in Purple.  They also highlight the closing bid for each delivery period for the 2012-13 marketing year – shaded in Blue.  Cost of Carry – shaded in Coral – is also calculated for each delivery period and factored in to the “Real” price – column in Green font.  The best “Real” price currently available is highlighted in Yellow for both the 2012-13 and 2013-14 marketing year.  Last Week’s and Last Month’s “Real” price is there and also the High and the Low closing prices  for the year – used to calculate the current year’s “Move”.

December 4th – Local Best Bids #canola #lentil #durum #westcdnag

Posted by J-MAS Market Masters on December 4, 2012
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Grains losing the fight to break the latest downtrend.  The recent bounce has powered out so far but some signs in the Corn and Bean pits of a bottoming process with Corn especially poised for a lift – will be some anxious weeks ahead. Targets out tomorrow.

FOB Assiniboia, SK (Except for Lentil/Chickpea FOB Farm)

#1Canola:  Dec $13.19(8)   Jan $13.19(8)

#2Y.Pea:       Dec $8.49          Jan $8.50

#1Flax:          Dec $14.25        Jan $14.37

#2GrLentil:    Dec 18.0c

K.Chickpea:   Dec 34.0c

#EthWheat:   Dec $7.24         Jan $7.38

#2AD13.0:     Dec $8.03          Jan $8.25

#2HRS13.5:   Dec $7.91          Jan $8.01

– Better pricing may exist in deferred delivery months.  See “Deferred Real Values” post coming in a few hours.  Marketing Plan Updates/Targets (tonight/tomorrow) will always utilize Real Value prices, reflecting Cost of Carry.

*special “limited tonne” price