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[cottonpicken]

Feels like a short term top is here.

Of course short term predictions are very hard,but at
least we have something to sell into for the first time
in a long time.

NIADYODD
(not investment advice due you own due diligence)

[cottonpicken]

I really dont like corn.

[cottonpicken]

Beans have wiggle room to 13.50.

[furrowtickler]

I think you may be right for short term. We sold all canola hauled in over the weekend, kept the dry stuff in the bin for now.

[charliep]

Just curious why you like beans and not corn. What are your thoughts on
soybean oil?

Will note IAMTHEMOLE suggestion of a hedge strategy of staying long
barley (if you can) by storing and shorting CBT corn futures. Fits your
comment that $5/bu is likely high enough at this stage.

[Hopperbin]

June 09 Canola futures hit this price could be a resistance level, then plunged to 375 by Oct. 09. Then rose to 430 by years end. Then continued to drop to 380 by the end of may. Then been rising since with some blips on the way.
For cotton's 40 bushel crop why not sell, it is profit. For my 15 bushel crop I am at a bit of a loss but will sell some I think tomorrow, just don't know how much yet, perhaps what I think I can harvest from now through the weekend. Umm how much is that? Also still nursing offgrade from last year and don't need anymore headaches.

[cottonpicken]

Just basing it on a simple 50% retrace from the lows
and length of time of rally.

I hope i'm wrong,certainly will be if the usdx
implodes.

[cottonpicken]

Should note i dont see any major crisis sell-off.

And i do like the corn barley idea.

[Hopperbin]

Wedge formation in the for today chart.
Could break up or down.

[cottonpicken]

Jesus,please smack the usdx well below .80
please!!!!!!!!