huge carryover of wheat and canola in oz biggest ever 12 million tonne plus wheat and canola unknown cause those who are unsold and watching it slither lower dont want to admit they aint sold "what the eff was i thinking" is common
had good foward sales via broker advice had good foward sales leading right up to harvest meaning 3 weeks before we started.
they said sell straight away once its in bulk handling system or pick highs if ya want do not hold past feb SELL SELL if your out $70 per tonne with a april rally so be it
twas wise advice
and PS before any of you think im a smart C unt im not just passing on our advice.
Rarely does canola get shipoped out of oz after late may june
if you have unsold canola then you are at mercy of northern hemisphere harvest pressure
had good foward sales via broker advice had good foward sales leading right up to harvest meaning 3 weeks before we started.
they said sell straight away once its in bulk handling system or pick highs if ya want do not hold past feb SELL SELL if your out $70 per tonne with a april rally so be it
twas wise advice
and PS before any of you think im a smart C unt im not just passing on our advice.
Rarely does canola get shipoped out of oz after late may june
if you have unsold canola then you are at mercy of northern hemisphere harvest pressure
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