• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Good Day in the Markets!

Collapse
X
Collapse
 
  • Time
  • Show
Clear All
new posts
  • charliep
    Senior Member
    • Oct 2000
    • 9002
    #1

    Good Day in the Markets!

    One day doesn't make a trend but interesting to see a nice rally in commodities. Limit up corn/soybeans at least at 10:30 am, Oct 29.
    Tags: None
    • dave4441
      Senior Member
      • May 2003
      • 1082
      #2
      Only problem is that we have gained 7 or so % on our dollar.

        Comment

        • charliep
          Senior Member
          • Oct 2000
          • 9002
          #3
          The higher valued loonie is taking some of the benefit out of the market.

          My attention is on wheat given only 2 days to make a decision on the fixed price contracts. Is it a time to lock in an fixed price contract (locks in a lower value loonie) and consider getting long US wheat futures if you are bullish wheat prices/commodities?

          Being a typical economist with two hands (on this hand ______ but on the other hand ______), should a farmer consider a CWB basis contract backed up by a buying a put on these rallies? What is your risk on the loonie moving back towards 90 cents?

            Comment

            • Reply to this Thread
            • Return to Topic List
            Working...