Market snapshot commentary

[malleefarmer]

Reckon there could be another half a mill tonnes shaved of the 17 yet

http://https://www.realagriculture.com/2018/12/grain-markets-start-december-strong-this-week-in-the-grain-markets/ http://https://www.realagriculture.com/2018/12/grain-markets-start-december-strong-this-week-in-the-grain-markets/

[farmaholic]

Shouldn't we be headed into the Christmas "seasonal" downtrend about now. I'm hoping Santa puts a big $12/bu canola present under the tree this year, but I haven't been a good boy so far this year and there isn't enough time to redeem myself so I will probably have to wait for the Easter Bunny to put it in my basket. Or maybe sooner, and I can take $13 on April 1st for July 2019 delivery. I think the Unicorn is bringing it April 1st.

And then there's wheat... $8.00/bu. The Wizard of Oz said so.

[Oliver88]

May/June/July seems to be the high wheat price over the last 3+ years.