Is this thing turning around or what?

[boarderbloke]

$22 swing in July canola, seeing green now though.

[boarderbloke]

Not happening in MGE wheat, MAY still down 25 3/4 cents

[boarderbloke]

I guess I'm getting my answer this morning, JULY canola down $26.00 and NOV down $24.00

[charliep]

Would watch the outside factor of the earth quake in a Japan. A major crop importer with just in time shipping and likely major damage in ports. Perhaps like the tsunami resulting from the earth quake, there will be more highs and lows.

The unknown risk factors are likely to have as much impact on markets as anything. CeePee made reference to the "Black Swan" movie. Heard this referred to lots these days (haven't seen). An impact from something unanticipated.

Market prices as high as current levels will trade as nervous as a long tailed Tom cat in a room full of rocking chairs. Stay tuned.