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Canola rally?

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  • furrowtickler
    Senior Member
    • Dec 2004
    • 22188

    Canola rally?

    Lets hope it keeps goin, and we get somewhat of a crop with what is in the ground.
  • ado089
    Senior Member
    • Aug 2004
    • 1754

    #2
    There's still alot of preasure on beans so I don't know how far it will go, but every little bit helps.

    Comment

    • fjlip
      Senior Member
      • Oct 2002
      • 9876

      #3
      July must close above 393.50 to keep going up, perhaps after the 1" rain Thursday.

      Comment

      • LWeber
        Senior Member
        • Nov 2007
        • 1436

        #4
        Just short of 1 MMT in volume today - 980,300 MT; shattering the old record of 787,000 MT

        Comment

        • furrowtickler
          Senior Member
          • Dec 2004
          • 22188

          #5
          Panic setting in Larry?

          Comment

          • charliep
            Senior Member
            • Oct 2000
            • 9002

            #6
            Just curious what you will do with the rally.

            Sit tight and do nothing?

            Follow the market higher but run a trailing stop?

            Sell at a target price?

            Look at an options strategy (but a put) or a grain company minimum price contract?

            Comment

            • LWeber
              Senior Member
              • Nov 2007
              • 1436

              #7
              I think reality is setting in Furrow.

              Comment

              • agstar77
                Senior Member
                • Jul 2001
                • 6269

                #8
                Sell slowly into the rally.

                Comment

                • mcfarms
                  Senior Member
                  • Nov 2004
                  • 1696

                  #9
                  9.25 new crop available today for spring 11 delivery. 9.00 off the combine . 9.09 old crop june july del. southern Ab.

                  Comment

                  • furrowtickler
                    Senior Member
                    • Dec 2004
                    • 22188

                    #10
                    We are going to set targets and sell it. Everyones target is different.

                    Comment

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