Seasonal Canola

[beaverdam]

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.

[farmaholic]

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 against

[Oliver88]

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 against

Increase of $53.50 to get there.

Paging 101......

[farming101]

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....

[bucket]

A question...how many farmers can participate in this rally with physical bushels?

[Guest]

A question...how many farmers can participate in this rally with physical bushels?

Not me
Not a one

[bucket]

I think sub 19mmt and don't think there was the carryover....

[farmaholic]

101, not the chart I was hoping for, but if the shoe fits......

Edit in: ....besides where am I?

[farmaholic]

Up again? Even on "profit taking Friday"!

[Guest]

A question...how many farmers can participate in this rally with physical bushels?

Not me
Not a one