Question for 101 , and other skilled marketers

[farmaholic]

Most times I hate the chart's technical influence.

But some how the market takes the "fun" out of the fundamentals and all we're left with is da mentals.

How's that for a seasoned "anal"ysis?


Yup, could be a hang over from the extended Harvest Unhappy Hour this year. How else are they supposed to discourage pricing and delivery?
We have 9 to ten months to chew through this year's crop before new crop supplies become available.

Oh yeah, and as 101 pointed out only about 3 months supply if the world produced no new grain. Really bearish, eh!

[AlbertaFarmer5]

Fundamentally, what bad news could there be that isn't already priced in?

[Guest]

You're up late! Define bad news

[malleefarmer]

As austranada will tesify to many even most growers in his home state of WA may actually have there best year ever financially.

Not sure which part austranada farms in

[Oliver88]

$625/tonne canola in Western Australia?

[Guest]

$625/tonne canola in Western Australia?

https://www.plumgrove.com.au/wa/cash-wa/

[Partners]

Bunge fellow said support at 480..below that now..next support 460...ouch..

[ajl]

from a mate

Oh and my crop comments were reffering to cereals i think canola is down in yield as are nearly all legumes both i think can be deemed poor
[ATTACH]3656[/ATTACH]

S780? That is a lot of combine for that harvest. Up here in third world canuckistan we could get that done with a 7720. I realize that is likely a custom harvester.

[Guest]

S780? That is a lot of combine for that harvest. Up here in third world canuckistan we could get that done with a 7720. I realize that is likely a custom harvester.

small grain truck tho, lol

[Marusko]

small grain truck tho, lol

low compaction!