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US Soyoil Prices Heading up?

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  • rain
    Senior Member
    • Feb 2000
    • 542
    #1

    US Soyoil Prices Heading up?

    go have a look at www.alternativegrain.com they have a chart there with a soyoil outlook on it. This guy thinks canola has room to rock with soyoil
    Tags: None
    • timm
      Senior Member
      • Oct 2000
      • 178
      #2
      the cbot also has good marketing info

        Comment

        • charliep
          Senior Member
          • Oct 2000
          • 9002
          #3
          Interesting to see today's action after the USDA report. I'm glad I am not short either soybeans or soybean oil.

          Canola futures, although still up, lag behind. What is happening with basis levels? My thoughts are tighter basis levels will be a first signal of export business versus higher futures.

            Comment

            • timm
              Senior Member
              • Oct 2000
              • 178
              #4
              i haven't pulled the trigger yet either .i feel greed setting in .i wonder if larry is short.

                Comment

                • timm
                  Senior Member
                  • Oct 2000
                  • 178
                  #5
                  I wouldnt trade that canola contract with your money, Tim!

                  Even after you made a southern mustard run.

                  Canola up $6.70 today, basis widened $4.00 by some companies.

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