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Canola up today....

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  • farmaholic
    Senior Member
    • Sep 2010
    • 17478
    #1

    Canola up today....

    What's up?

    101?
    Tags: None
    • fjlip
      Senior Member
      • Oct 2002
      • 9801
      #2
      Lower CAD, stock ONLY up 10%, no massive carryover increase with out China?

        Comment

        • SASKFARMER
          Senior Member
          • Dec 2005
          • 6953
          #3
          Our dollar is down.

          Nothing has changed we have no ambassador to China and they don’t want to talk to little fake potato

            Comment

            • farming101
              Senior Member
              • Mar 2011
              • 3954
              #4
              It's a meltup!

              Just kidding, I don't think much has changed. Adding another 8 or 9 a tonne would improve things chart wise.
              The trend is down.
              Crush margin has room for a bump up that's for sure.

                Comment

                • tmyrfield
                  Senior Member
                  • Dec 2009
                  • 332
                  #5
                  Originally posted by farmaholic View Post
                  What's up?

                  101?

                    Comment

                    • farmaholic
                      Senior Member
                      • Sep 2010
                      • 17478
                      #6
                      Originally posted by tmyrfield View Post
                      Is that the Challenger?

                        Comment

                        • SASKFARMER
                          Senior Member
                          • Dec 2005
                          • 6953
                          #7
                          Yep 👍

                          Dead cat bounce

                            Comment

                            • tmyrfield
                              Senior Member
                              • Dec 2009
                              • 332
                              #8
                              Originally posted by SASKFARMER View Post
                              Yep 👍

                              Dead cat bounce
                              I knew someone would get it!

                                Comment

                                • farmaholic
                                  Senior Member
                                  • Sep 2010
                                  • 17478
                                  #9
                                  Originally posted by tmyrfield View Post
                                  I knew someone would get it!
                                  Unfortunate end to the spaceshuttle Challenger...it went up exploded and fell to earth.

                                  If this isn't the dead cat bounce its one of it's last gasps before the next leg down.

                                  Its all painful for stored canola but there's hope further out for new crop...unless you want to store old crop in "hopes" as well.

                                    Comment

                                    • 6V53
                                      Senior Member
                                      • Nov 2018
                                      • 526
                                      #10
                                      Buying acres, will stay up till June 20.
                                      Last edited by 6V53; May 7, 2019, 17:52.

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