Australian Hedge Pressure

[boone]

rain
I agree with your comments here, early to mid 1990's dollar in the 80 cent level Canola oil above .26 Canola hovering around $9.60 - 10.00
regularly approx same supply on percentage basis. However we may have held out for too much last year and sent potential buyers beating the bushes for alternative sources? Time to build up the pipeline.

[rain]

boone
What alternative sources. The world is very small amd palm amd soyoil stocks are dropping while prices are rising. I don't buy the line we lost customers for ever because of high prices.

[boone]

rain (jeez i like that handle)
No one is suggesting forever and as feed barley sellers found out last year there are always alternatives, but the largest one is managing supply, inventory, use, (hand to mouth) and buying the bottoms as available. Restrained buying always works till the market swings.

[TOM4CWB]

Rain and Boone;

You folks have NOT talked about a factor that soybeans is becoming more and more exposed to... POLITICS.

Between Brazil, China, Anti GMO EU that takes GM soymeal from Brazil and the master of political spinning - the US - (with an arm twist thrown in) there is enough politics to turn any market into chaos.

[rain]

Tom I leave politics to you. No offence but I cringe when I see your tag because when I do I expect to here politics. Tom I enjoy what you write it is just some time agriville gets to political

[boone]

rain
everything is political except the weather! Come to think of it, doesn't Alberta consistently get more rain. (Just kidding) Tom4 might lean that way, but it isn't long we all lean with him. My Doorstep could have a little mud to sweep off too! They're are a few in here that are "Politicaly in-KR-acked".