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Sell Canola

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  • cottonpicken
    Senior Member
    • Apr 2006
    • 6993

    Sell Canola

    Scroll down to nov 6.
    Somebody owes me an apology.
    Let me help with the responses,

    Nobody can predict where the price is going,you have to sell steadily throught the year,its called risk management.

    Whats 10% off the top,within a little over a month.
  • crusher
    Senior Member
    • Jun 2001
    • 1188

    #2
    I sold some today, highest price I ever have. Looked like resistance from 96/97 level. Next target will be 94/95 high. Sold the July to get a little better price and a little better basis. If I say "screw the cwb" is that plagiarism?

    Comment

    • boarderbloke
      Senior Member
      • Sep 2007
      • 1991

      #3
      11.39 july, or did you do better?

      Comment

      • crusher
        Senior Member
        • Jun 2001
        • 1188

        #4
        $11.36 June, northeast Edmonton

        Comment

        • cottonpicken
          Senior Member
          • Apr 2006
          • 6993

          #5
          http://www.insidefutures.com/article/51684/Soybean,%20Corn,%20and%20Wheat%20Futures%20Open%20 Outcry%20Mid%20Session%20Update%20for%20Wednesday% 2012/12/07.html

          The interesting part is"goldman is predicting 14.50 soybeans for 08,since when does goldman price soyabeans"

          Or"china is expected to important an equivalent of 48% u.s soy production"

          Comment

          • cottonpicken
            Senior Member
            • Apr 2006
            • 6993

            #6
            If our breakout was 464 a 33%increase gives us 617.

            If we get a 67% rise we see 774.

            I'll still owe wedino a bottle but my point will be made.

            I'm sure the boys at farmlinks,larry weber,kevin hursh,the goofs at the western producer are all ready to broadcast their marvels "insights",after it happens of course.

            Comment

            • cottonpicken
              Senior Member
              • Apr 2006
              • 6993

              #7
              Should also add that i would not fault anyone for selling at these great levels.

              Comment

              • cottonpicken
                Senior Member
                • Apr 2006
                • 6993

                #8
                Goldman just announced 5.30 corn for dec08!

                Comment

                • crusher
                  Senior Member
                  • Jun 2001
                  • 1188

                  #9
                  Would be nice if these big traders revealed their positions before they make these kind of statements. Or do they, you know cotton?

                  Comment

                  • kamichel
                    Senior Member
                    • Jan 2007
                    • 631

                    #10
                    What is Goldy predicting for the barrel of oil?

                    Comment

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