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oil hard down

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  • Hopperbin
    Senior Member
    • Dec 2007
    • 6562

    oil hard down

    Setting new lows may at 44.43 july at 48.
    Canadian dollar at new lows also.
    Usd up 15 cents on the year while can dollar down 12 cents durring same period. So we are down only 3 cents with the basket of currencies compared to usd. While brazil farmers like their reduced currency selling I heard of a couple cargos booked for usa destination.
  • furrowtickler
    Senior Member
    • Dec 2004
    • 21927

    #2
    I wounder when this will effect ethnology wheat prices? I am surprised the price is still hanging where it is .

    Comment

    • furrowtickler
      Senior Member
      • Dec 2004
      • 21927

      #3
      That should be wheat for ethanol ...

      Comment

      • ALLFARMER
        Senior Member
        • Sep 2002
        • 1640

        #4
        Lots of layoffs in Grande Prairie. My neighbor until yesterday worked for Baker Hughes. Another neighbor work for Weatherford his company truck hasn't moved in weeks. Glad I left the winch truck...hauling malt barley to Rahr malting is a heck of allot more fun.

        Comment

        • cottonpicken
          Senior Member
          • Apr 2006
          • 6993

          #5
          The inventory data came out and is off the map

          Comment

          • tweety
            Senior Member
            • Nov 2014
            • 3059

            #6
            That's a great word. Ethnology!

            Comment

            • furrowtickler
              Senior Member
              • Dec 2004
              • 21927

              #7
              Ya , its interesting coming off an Iphone sometimes.

              Comment

              • rkaiser
                Senior Member
                • Dec 2004
                • 2282

                #8
                China's tanks are full as well.

                Comment

                • Oliver88
                  Senior Member
                  • Dec 2012
                  • 4688

                  #9
                  Oil did a 180 since Hopper started this thread.

                  Oil ended the day up and CDN $ up as well.

                  Mrs. Yellen's comments regarding the Fed seemed to have quite an impact today.

                  Comment

                  • Hopperbin
                    Senior Member
                    • Dec 2007
                    • 6562

                    #10
                    True just checked. Just as mickeal seery said look at me hope everyone look at me should have listened to me. oil did a turn. Usa dollar also.

                    Comment

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