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New Crop Canola - May 08

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  • cottonpicken
    Senior Member
    • Apr 2006
    • 6993
    #21
    9 bucks is a lot better than the 7.70 chaff and the boys were pulling the trigger at in november.

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      • chaffmeister
        Senior Member
        • Feb 2001
        • 1208
        #22
        CP - you have me confused with someone else. I have never given market execution guidance on Agriville (or anywhere else for that matter). I've only helped read the signals.

        Like here on this thread - I say <b>IF</b> you are looking at selling new crop, here's what to look at.

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          • charliep
            Senior Member
            • Oct 2000
            • 9002
            #23
            cottonpicken

            Would again highlight carry in the market. $9/bu in May 2008 is a good price and a good investment if you can afford it. For others, the reality is fall sales are necessity. Any recommendations I would make would be tailored to an individuals business needs. The objective is to manage price risk/position to take advantage of market opportunities.

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