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MarketWatch – Canola

The Viterra pricing deal that just came out is attractive enough that I would do some of you are less than 70% Old Crop and less than 25% New Crop.

I’m not of the belief that we won’t get these prices again without the Matching requiring but each price is good enough that you could go to 75% and 25% at this $14 / $12 matching Feb / Sep Price.

Keep in mind we likely will see some very attractive late August prices that could be well over $12 but a very good starting point.

I’m choosing not to sell quite yet partly because I can’t make it a general recommendation as not everyone has Old Crop tonnes to match with but I have green lighted a few calls already of producers who do.

Text with questions.

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