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43 CENTS

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  • cottonpicken
    Senior Member
    • Apr 2006
    • 6993
    #1

    43 CENTS

    43 CENT BEAN SWING THIS TIME OF YEAR?
    Tags: None
    • vvalk
      Senior Member
      • Jan 2007
      • 942
      #2
      Think funds or speculators are partly responsable for the $1.50 increase or is the weather in Sounth America really that bad? Pretty disconcerning the level of sales with soy oil. Half of the USDA progections to date. Not sure the rally will last into the new year unless the dryness persists in SA.

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        • fjlip
          Senior Member
          • Oct 2002
          • 9788
          #3
          A bullish gap up, or very thin holiday trade? Corn gapped up also. Charts are positive. Check markets Monday. See if canola follows. US$ lower again off resistance.

            Comment

            • TOM4CWB
              Senior Member
              • Dec 2000
              • 16511
              #4
              Who thinks the bottom is in black oil?

              Or is $25/bbl the new target?

              The bottom will be just like the top this time!

              Volatile!

                Comment

                • cottonpicken
                  Senior Member
                  • Apr 2006
                  • 6993
                  #5
                  Thin but bullish.

                  Smart money getting positioned after tax loss selling?

                    Comment

                    • vvalk
                      Senior Member
                      • Jan 2007
                      • 942
                      #6
                      Sold Canola and had bought some march $9 soybean calls for 30 cents. After Friday they closed at 91 cents. Wondering if should just be happy with adding 70 cents to the canola or keep it as a hedge since that is why I bought it in the first place.

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                        • snappy
                          Senior Member
                          • Jan 2007
                          • 942
                          #7
                          vvalk, good for you! Not to many others on this forum that would replace it.

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