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Christmas Doldrums

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  • farmaholic
    Senior Member
    • Sep 2010
    • 17483

    Christmas Doldrums

    Shouldn't the markets be getting ready to take the Christmas break and be winding down? 10 more days to Christmas Eve. Canola has seen a nice upswing. MGEX wheat seems to be bouncing off the floor, when/will we see a upswing?
  • Guest

    #2
    we only get all the answers on the way down , lol ! canola surge , glut , better than expected yield, etc , blah , blah, blah . you and I know you you can't grow it for less than $10 and I sure as f$&k won't . nobody gives a shit about that tho ? they will someday

    Comment

    • SASKFARMER3
      Senior Member
      • Feb 2006
      • 14485

      #3
      This year markets will give a gift before the real pain starts!

      Comment

      • farmaholic
        Senior Member
        • Sep 2010
        • 17483

        #4
        SF3: Does that mean all your grain is sold?

        Comment

        • Daylate
          Senior Member
          • Oct 2009
          • 588

          #5
          I wouldn't say canola has improved. It hasn't even kept pace with the slumping dollar this month.

          Comment

          • SASKFARMER3
            Senior Member
            • Feb 2006
            • 14485

            #6
            No not all yet!

            Comment

            • crusher
              Senior Member
              • Jun 2001
              • 1189

              #7
              2 million tonne carryout predicted, $11 June doesn't look that bad. 40% sold with another 15% to go if we hit $490 March.

              Comment

              • farming101
                Senior Member
                • Mar 2011
                • 3955

                #8
                Just a guess..
                March Canola will pull back towards 480 this week.
                MGEX wheat - nothing. Canadian price increases will be tied to a weak or even weaker CAD.

                Comment

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