Don't think you can go wrong beginning to price canola from here on ... using SWAPS helps make positions exitable should the season turn nasty.
Profarmer talking of 9-10mmt of wheat carryout into the next harvest ... I'm looking for any excuse possible to reduce wheat acres.
Can you go for sunflowers over there Sorgs? If it has got oil in it, it will be worth growing this year.
Sheep prices coming off here too JC but only down 25% at this stage on prime lambs ... our quarantine restictions on movements of sheep back into WA will help our sheep hold their value somewhat.
Will be fallowing poor land ...
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- pull your canola sell orders?
Don't think you can go wrong beginning to price canola from here...
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