Canola Rebound

farming101

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Join Date: Mar 2011

Posts: 3943
#81

Apr 24, 2025, 10:05

July contract through the Feb 20 high of 687.80 on decent volume
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Sodbuster

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Join Date: Mar 2017

Posts: 1057
#82

Apr 24, 2025, 10:35

My July canola target of $690 got picked up this morning, considering putting my next target in at $705. Line companies are phoning around trying pick up more export canola, crush as far as I know are still crushing full bore. Basis has dropped $10 to $20 in the last few weeks.
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wheatking16

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Join Date: Apr 2010

Posts: 464
#83

Apr 24, 2025, 11:23

Originally posted by farming101 View Post

July contract through the Feb 20 high of 687.80 on decent volume

Like clockwork
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wheatking16

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Posts: 464
#84

Apr 24, 2025, 19:30

July Canola touches 700.
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farming101

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Join Date: Mar 2011

Posts: 3943
#85

Apr 25, 2025, 05:25

719.90 as a nearby high in the July? Not a recommendation

Apr 29 - need closes above the Feb 20 high of 687.80

Last edited by farming101; Apr 29, 2025, 07:48.
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