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Commodity Market Caution Again

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  • errolanderson
    Senior Member
    • Jan 2012
    • 3126

    Commodity Market Caution Again

    There are now renewed bear factors
    circling commodity markets right now.

    China government hiked diesel 7%
    overnight. China's growth may fall below
    5% which effectively places their
    economy in a possible hard-landing
    recession.

    Cash cattle peak may be in . . . .

    Are North American equities now
    overbought?

    Corn and wheat appear headed lower in
    the near-term.

    Canola and soybeans are technically
    heavily overbought (in our opinion).

    Eurozone problems are ripe to hit the
    press again soon.

    Errol
  • SASKFARMER3
    Senior Member
    • Feb 2006
    • 14485

    #2
    I agree Errol this maybe has a top off
    effect did liquidate portion of 70000
    bushel canola yesterday. STill playing
    with some and remaining inventory in
    storage till fall.
    Good enough profit for now. Sask is
    still dry for rest of another week. Dust
    blowing yesterday east of regina so I
    think Ill stick with my early
    prediction. Established canola fields
    will not reach the 20 Million Acres.

    Comment

    • BTO_farmall
      Senior Member
      • Feb 2012
      • 509

      #3
      Error, Who is 'Our Opinion', Who Do You Work 4?????????????

      Comment

      • BTO_farmall
        Senior Member
        • Feb 2012
        • 509

        #4
        Nevermind Mr. Pro Market Wired..........

        Comment

        • fjlip
          Senior Member
          • Oct 2002
          • 9822

          #5
          Pioneer 0.23/bu premium for Oct - Nov
          delivery, $12.19.

          First sale new crop for us.
          Very little old crop left.
          A comment at coffee, 90% of 2011 crop was priced by end of Jan.

          Comment

          • BTO_farmall
            Senior Member
            • Feb 2012
            • 509

            #6
            Hmmmmmmmm, Pioneer Called and offered The Same deal to Me, Only it was August Delivery $12.50 to Thee Bushel, Said BTO we know you Don't Piss Around, Will be taking Canolie off in August. Kindly declined The Offer, Thought to Myself These Sob's Ain't callin lookin out fer Me, Something is up, Theys payin this, Callin this early, Sounds Like Someones gonna be Short Canolie, Will Hold Out Longer, Specially She Turns Dry...............

            Comment

            • Hopperbin
              Senior Member
              • Dec 2007
              • 6562

              #7
              BTO you have 31 cents less frieght that Flip. And are you not in that area that will be wall to wall canola??

              Comment

              • BTO_farmall
                Senior Member
                • Feb 2012
                • 509

                #8
                uhhhhhhhhhh, Why then did I see Super B, After Super B, After Super B Load Headin West, Yorktonne, Feed The Jaws of The Cruhsers, Hungry. Even Asked Me to Haul, Said Shove it Up yer A$$, I don't Haul 4 Fuel, Rates are Shit. Christ Truckers Fall All over Themselves to Work fer Nothin, Then Bitch & Complain, Bitch & Complain, Bitch & Complain, Ain't Makin No Money, All They know how to Do is Smoke Cigarettes and Get Fat...............

                Comment

                • Burbert
                  Senior Member
                  • Jan 2007
                  • 2242

                  #9
                  BTO, truckers in Albertie, absolutely the
                  same. Fat asses whinning and complaining
                  tellin ya how to fram, while smokin and
                  buttin out round yer bins. Ain't makin no
                  money though, fuel surcharges, wait time
                  surcharges, minimum charge 42t, chargin
                  fer givin ya advice, like ya should have a
                  bigger auger. When I asked wifey, she
                  said the size of my auger was just fine
                  and the trucker was fulla carp.....

                  Comment

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