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Canola Futures ???
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Montana Gary
Posted 2/13/2008 12:09 (#308652)
Subject: Canola Futures ???


Montana
Anyone following the canola market? It's the only 07 crop I have left to market. My prices are for delivery to Lethbridge AB. It has not shown any toping action as I believe canola follows soybean oil and the CD.
But as far as pricing next falls crop I am wondering how the market will buy acres. The spring, winter and durum markets are all screwed up by the CWB but do Canadians still use US wheat prices vs canola prices to plan acres?? Have only guessed that with higher wheat prices canola acres will be down. Canadian growers input would be helpful.........
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