Priced 1/3 of new crop at 10.50 today. Delivery ASAP
Announcement
Collapse
No announcement yet.
Canola Chart Resistance
Collapse
Logging in...
Welcome to Agriville! You need to login to post messages in the Agriville chat forums. Please login below.
X
-
Nothin wrong with that move j.d., very few times if ever that price is obtained in Sept. BTW, basis is going to widen as more areas get harvesting - law of the jungle.
Comment
-
Perhaps also law of the lineup. Suspect the market will try to provide the signal
to slow deliveries by providing large carry. Carry is in the futures prices but also
will get built further into basis. Basis levels are likely to narrow as we proceed
into winter and spring.
Comment
- Reply to this Thread
- Return to Topic List
Comment