Canola markets up good this am

**fjlip** · May 28, 2013, 08:51

Soybeans up 37, planting is stuck in mud there too.

**cottonpicken** · May 28, 2013, 08:53

Beans at 16 will need to be watched and be decision
time.

**boarderbloke** · May 28, 2013, 09:24

Bean oil up 46 - 54 cent in months out to DEC 13
JULY 13 was up 66 cents today.

**agstar77** · May 28, 2013, 11:19

Beans back over 15. Looks like the weather is not cooperating for planting.

**cottonpicken** · May 28, 2013, 11:43

Solid closing of the 14.80-15 level will bring in the
specs with maximum upside to-at an eyeball glance-
21ish?

**cottonpicken** · May 28, 2013, 11:45

The long term trend from september 2006 remains
intact.

**charliep** · May 28, 2013, 12:08

My only comment is to watch the inverse in new crop. Todays rally is pull from new crop but the inverse still exists. Will be interesting to see if the rally has legs. Lots of happy south american soybean producers. US soybeans are a story to be told.

Canola markets up good this am