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Jan Canola

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  • farming101
    Senior Member
    • Mar 2011
    • 3954
    #1

    Jan Canola

    Posted a one month high yesterday. Higher this morning.
    A few closes above 467-468 would be constructive

    Depending which exchange you look at Palm Oil is very close to putting in a two year high on the continuous chart
    Tags: None
    • farmaholic
      Senior Member
      • Sep 2010
      • 17482
      #2
      What happens if July breaks $495-496?

      Nothing?

        Comment

        • SASKFARMER
          Senior Member
          • Dec 2005
          • 6985
          #3
          So my spring thrashed will be worth 12.00 a bushel who knew.

            Comment

            • farmaholic
              Senior Member
              • Sep 2010
              • 17482
              #4
              Originally posted by SASKFARMER View Post
              So my spring thrashed will be worth 12.00 a bushel who knew.
              $9.25 after discounts

                Comment

                • farming101
                  Senior Member
                  • Mar 2011
                  • 3954
                  #5
                  Originally posted by farmaholic View Post
                  What happens if July breaks $495-496?

                  Nothing?
                  I would look for a retracement to the 489-90 level if prices rise to that area. Closes above 497 would signal some better levels of support could be established(around that 488-489 level)

                  Note July contract has not made a one month high
                  Also note, I could be wrong

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