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    #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

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      #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

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        #13
        4.0475 reached in Sept corn this morning. Exactly.

        Now we patiently await Aug 12 report

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          #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?

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            #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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              #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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                #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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