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  • blackpowder
    Senior Member
    • Feb 2010
    • 9394
    #11
    Originally posted by farmaholic View Post
    Beginning to feel like the mid to late Eighties when I started farming.

    And some people say history doesn't repeat......

    Is the up "trend" still firmly entrenched?
    Kinda what my guts been saying since last year

      Comment

      • furrowtickler
        Senior Member
        • Dec 2004
        • 22387
        #12
        Originally posted by blackpowder View Post
        Kinda what my guts been saying since last year
        There is way too much crop way too far behind in North America
        Seeded acres will mean *** all in September

          Comment

          • farming101
            Senior Member
            • Mar 2011
            • 3956
            #13
            4.0475 reached in Sept corn this morning. Exactly.

            Now we patiently await Aug 12 report

              Comment

              • macdon02
                Senior Member
                • Sep 2007
                • 1858
                #14
                Originally posted by farming101 View Post
                4.0475 reached in Sept corn this morning. Exactly.

                Now we patiently await Aug 12 report
                Are you using forks 101?

                  Comment

                  • farming101
                    Senior Member
                    • Mar 2011
                    • 3956
                    #15
                    Originally posted by macdon02 View Post
                    Are you using forks 101?
                    Yes, among other things.

                    At 12:32 price went through support with increased volumes.
                    Last edited by farming101; Jul 31, 2019, 13:43.

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                      • macdon02
                        Senior Member
                        • Sep 2007
                        • 1858
                        #16
                        Originally posted by farming101 View Post
                        Yes, among other things.

                        At 12:32 price went through support with increased volumes.
                        Fib, forks and AI here. Still showing a harvest high here through AI. But it's been wrong before. Combination with experience is the way to go, there are no silver bullet one system works, all the time imo. This canola deal is getting to me, I'm afraid the cycles will straighten out in the next with a test of the '09 low. But maybe USD will give us reprieve...? Idk the seasonals will stay inverted till they don't, when they do, it'll be vicious. We need demand

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                          • farming101
                            Senior Member
                            • Mar 2011
                            • 3956
                            #17
                            Canola - harvest is far enough away yet that I don't think the bottom will fall out till we get well into August.
                            However there is plenty of acres to supply this market even with a fair to average crop. If all acres of this crop comes off it will be ugly.

                            Moving averages - a good trend follower with good buy/sell points when used with discretion, but a poor forecaster - my take. I do use them

                            CAD/US. Entry point for a short logged today.

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