I think there is a strong desire to unload straight cut canola earlier rather than later. Could be part cause for the demand to deliver, and graincos saying, not all at once.
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Futures, wow.
Will we see $600?
Farming One Oh One? Can you post a graphic
I focus on July because that's the month I'm contracted againstLast edited by farmaholic; Sep 18, 2020, 05:48.Comment
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600? It will take new news.
This has been a parabolic move higher.
Look at any chart and realize that it won't go up forever.
About all I can say is that we will see fairly stable July 21 values in here give or take.
There may be stabs higher; 562.20 is resistance using a lot guessing.... but as I said before concentrate on support levels. Don't fret loosing a few off the top, but don't miss setting some good profitable returns
July is on the verge of going into uncharted waters...here are a few graphics for you.
I'll maybe put up a July 21 chart later....Comment
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A question...how many farmers can participate in this rally with physical bushels?Comment
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I think sub 19mmt and don't think there was the carryover....Comment
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101, not the chart I was hoping for, but if the shoe fits......
Edit in: ....besides where am I?Last edited by farmaholic; Sep 18, 2020, 10:15.Comment
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Up again? Even on "profit taking Friday"!Comment
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