Canola

[farming101]

Pretty common to be 40 cents or a lot higher between 2007 and the first half of 2014.

My chart shows the highest close on monthlys at 68.15 cents

https://www.barchart.com/futures/quotes/ZLZ20/interactive-chart https://www.barchart.com/futures/quotes/ZLZ20/interactive-chart

Bought some Dec bean oil 55 puts on June 26 08. The closing price that day was 67.46

May 5 2014 price went under the median line and hasn't been above it since, so if it goes over it will be notable, but not historic

[beaverdam]

Don't often see canola green, while beans and oil are both red.

[furrowtickler]

Don't often see canola green, while beans and oil are both red.

Sign of it being topped out for now ?

[beaverdam]

Beans and bean oil now turning green.

[farming101]

2nd chart commitment of traders - number of traders active by week, total and by type

[malleefarmer]

Miss the odd day whens the last time had a fall of more than $

[farming101]

Nov 16 Jan went down $1.20
UP something like 27/39 days

[malleefarmer]

All markets here getting decidely toppy. Wheat barley canola beans lupins basically range bound now in @ $5 to $10 range depending on commodity.

Aussie crop is darn huge.

Internationally maybe market is similar.

All eyes on corn for direction some think here

[farming101]

World canola/-apeseed stocks and stocks to use ratios

[farmaholic]

Industry/Buyers probably doesn't like to see the light at the end of the pipeline!


At what price, will price ration demand?

Any 2021 production problems could make markets interesting.