Originally posted by beaverdam
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Originally posted by farmaholic View PostPlease explain.
So I don't display my ignorance, I'm not going to try and post what I think/guess you're getting at.
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Greed and obstinance are not good marketing qualities, I have both.
I guess I guy could price it all but I don't want to "buy paper" to stay in the market. Although being long physical is speculation too.
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December could move to nearly 38/cwt based on today's strength. It would be ripe for a pullback at that level.
And remember, as usual the reality may turn out to be somewhat different
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It's a long marketing year yet, about 10 months before new crop canola is available in Canada.... I'm sure there might be afew resistance and support tests before that time comes.
Then there's beans.
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Crush margins?
Soybean meal and oil per "ton" prices minus crush expense minus soybean grain cost seems to equal pretty healthy margins.
Got to wonder what the canola crush margin is at? Domestic, foreign after seed is landed at export destination.
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Canuckistan S/U ending stocks..... about 10%???????????????
Remember we have a domestic and export market to service.
Technical versus fundamental price direction?'
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Originally posted by farmaholic View PostCanuckistan S/U ending stocks..... about 10%???????????????
Remember we have a domestic and export market to service.
Technical versus fundamental price direction?'
Fundamentals influence prices only occasionally based on new news, verified news or old news that gets revised
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