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Old Crop Sales Recommendations – Final 2012/13 Crop Year Sales Recommendations

Posted by J-MAS Market Masters on June 19, 2013
Posted in: Marketing Plans. Leave a comment

This is the LAST 2012-13 Crop Year post.  Email list will be cleaned up to reflect 2013-14 customers only and New Crop targets will move back to this site.  With additional full-time marketing staff, the 2013-14 J-MAS marketing campaign will see an upgrade and a more structured weekly schedule.

2013-14 Marketing Features:    

Marketing Plan Monday’s – Outlining the current J-MAS Marketing Plan, with Sales Averages, and Move Capture highlights.

Technical Tuesday’s – Local Best Bids and Technical Analysis each Tuesday afternoon.

Sales Rec Wednesday’s – Sales Targets and Recommendations out each Wednesday afternoon.

Fundamental Friday’s – Fundamental Analysis of the markets affecting our core Local Crop Markets.

 

$$Jun 19th MPUpdates –  Targets expire July 31st. We believe it in your best interest to be within 20% of our official Benchmark positions – plus or minus.

$$CanolaMPU – 100% SOLD – Look for $14.00 or better delivery {612+5 Basis} to be 100% sold (34bu of a 34bu crop).  Benchmark is 100% sold (Since Apr 9th at $14.07).  At Current May $13.51, be 100+% sold.

$$Gr.LentilMPU – Continue to look for and take 22.0c  #2  on 15% to finish the year at 70% sold (18bu of a 26bu crop). Benchmark is 70% sold. At Current 21.5c #2 be 65% sold.

$$Y.PeaMPU – Continue to take $9.60 on 15% to be 100% sold (35bu of a 35bu crop). Benchmark is 100% sold. At current $9.60 bid be 100% sold. 

$$FlaxMPU – Continue to look for and take 16.60 on 15% to be 100% sold. (27bu of a 27bu crop). Benchmark is 100% sold. At Current $16.60 be 100% sold. 

$$ChickpeaMPU – 100% SOLD – Settle for a 31.5c rough #2 specs to be 100% sold (47bu of a 47bu crop). Benchmark is 100% sold (Since Oct 23rd at 35.5c). At Current 33.5c be 100+% sold.

$$Eth/Fd.WhtMPU – 100% SOLD – Settle for $7.03 to be 100% sold (78bu of a 78bu crop). Benchmark is 100% sold (Since Nov 13th at $7.24). At Current $6.90 be 100% sold.

$$DurumMPU – Continue to look for and take $8.15 #2 on 10% to be 100% sold (46bu of a 46 bu crop).  Benchmark is 100% sold.  At Current $8.05 #2 be 100% sold.

$$HRSWheatMPU – Continue to look for and take $7.21 #2 on 20% to be 100% sold (23bu of a 42bu crop).  Benchmark is 100% sold. At Current $6.92 #2 be 100% sold.  –

June 18th – Local Best Bids #canola #lentil #durum #westcdnag

Posted by J-MAS Market Masters on June 18, 2013
Posted in: Market Watches. Leave a comment

Switching to all New Crop bids next week and cleaning up the email list – if you feel you were removed wrongly, let us know through email or text.

 

FOB Assiniboia, SK (Except for Malt/Lentil/Y.Pea/Chickpea FOB Farm)

#1Canola:  Jun $13.72(0)   Sep $11.89(27)

#2Y.Pea:       Jun $9.60          Aug $8.00

#1Flax:          Jun $16.50       Oct $14.00

#2GrLentil:     Jun 22.0c         Sep 22.0c

K.Chickpea:    Jun 33.5c           Oct NB

#EthWheat:    Jun $6.90         Aug $5.80

#2AD13.0:      Jun $8.05        Sep $7.37

#2HRS13.5:    Jun $6.92        Sep $6.62

Select Malt:     Jun $6.34        Oct $5.36

Fd. Barley:      Jun $4.43       Sep $3.78

 

 

June 11th – Local Best Bids #canola #lentil #durum #westcdnag

Posted by J-MAS Market Masters on June 11, 2013
Posted in: Market Watches. Leave a comment

This is the 2nd to week of Old Crop Bids and Recommendations for the 18 month, 2012-13 Marketing Campaign.  Customers not signed up for 2013-14 will stop receiving email updates after next week.  Because we will be carrying 30% of the 2012-13 Lentil crop into the New season, they may still text questions on that until we make that final sale.

This post marks my return to the fray at least on a limited basis.  All well on the surgery front but I will only be able to do Marketing/Office work for the next couple of weeks and can maybe get back to the field in 3-4 weeks.

Wrapping up all Old Crop sales today except for the aforementioned 30% of Lentils carried into the new marketing year (BOLDED PRICES ARE RECOMMENDED SELLS TODAY).  That post will be out later in the afternoon.  Please note the New Crop Ethanol wheat price.  It’s limited tonnes only.  Will be moving 25% at least at that price if possible for you.

 

FOB Assiniboia, SK (Except for Malt/Lentil/Y.Pea/Chickpea FOB Farm)

#1Canola:  Jun $13.51(11)   Sep $12.02(27)

#2Y.Pea:       Jun $9.60          Aug $8.00

#1Flax:          Jun $16.60       Oct $14.00

#2GrLentil:     Jun 22.0c         Sep 22.0c

K.Chickpea:    Jun 33.5c           Oct NB

#EthWheat:    Jun $6.3         Aug $6.50

#2AD13.0:      Jun $8.15        Sep $7.64

#2HRS13.5:    Jun $7.21        Sep $6.84

Select Malt:     Jun $6.34        Oct $5.47

Fd. Barley: