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Will Friday start the next leg lower!

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  • SASKFARMER3
    Senior Member
    • Feb 2006
    • 14485
    #1

    Will Friday start the next leg lower!

    We have demand for canola, 14.4 is right size crop yet prices are drifting lower. 11 is last years 13 but with all the stuff going on in world EU debt US debt US Israeli and Iran, China building a super navy is this all 1931 all over again.
    A down grade in EU will happen Friday. A Lot of money managers are telling clients to bail.
    What are others thinking.
    Tags: None
    • SASKFARMER3
      Senior Member
      • Feb 2006
      • 14485
      #2
      Canada caught between euro downturn, U.S. growth. The Canadian economy will walk the line in 2012 between a downturn in Europe and continuing growth in the United States, according to a an outlook issued Tuesday by RBC Economics. Of course, that’s all assuming European policy-makers finally take action to deal with the currency bloc’s debt crisis, said RBC chief economist Craig Wright

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        • furrowtickler
          Senior Member
          • Dec 2004
          • 21898
          #3
          USDA report out friday should be somewhat bullish - gut feeling. I think it's about to get wild. The market has been too flat for to long.

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