@rgstone1@405farmer Feeling similar as well with regards to the business plan. I’d like to do some skiing and maybe some boating. Visit some interesting places. I might podcast about stonks, but probably not.
Anybody who sells a marketing service is forced into an opinion. It’s such a hard business. You’ll hear about carry out numbers, spread action, basis, blah blah blah. But here’s the thing. What has happened to the canola market is largely due to an event outside the canola market. And the resolution of that event is all that really matters. For me a close over 760 or under 710 (RSN26) is what bears watching. Everything in between is just noise.
Pro tip for Prairie agricultural market analysts. When advising producers on how to hedge N pricing risk, please don’t recommend Nutrien. It is saddled with a retail network that will see less volume as fertilizer prices increase. A far better play is CF or UAN. And yeah, dude on the podcast this is for you.
Anybody who sells a marketing service is forced into an opinion. It’s such a hard business. You’ll hear about carry out numbers, spread action, basis, blah blah blah. But here’s the thing. What has happened to the canola market is largely due to an event outside the canola market. And the resolution of that event is all that really matters. For me a close over 760 or under 710 (RSN26) is what bears watching. Everything in between is just noise.
I missed you at the show but I do have thoughts around kochia control. In our area the largest contributor to kochia spreading is from the rail beds. Canada or the prairies need a railway right of way maintenance act passed that forces annual mowing of the rail beds. Our highways and municipal roads all get mowed. Why don’t the railways have to as well?
@DannyDayan5 I’m saying it’s not. But yes oil would be more than something perishable like wheat. But its value really isn’t affected by that metric in my opinion.