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Canola rally?

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    #1

    Canola rally?

    Lets hope it keeps goin, and we get somewhat of a crop with what is in the ground.
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    #2
    There's still alot of preasure on beans so I don't know how far it will go, but every little bit helps.

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      #3
      July must close above 393.50 to keep going up, perhaps after the 1" rain Thursday.

      Comment

        #4
        Just short of 1 MMT in volume today - 980,300 MT; shattering the old record of 787,000 MT

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          #5
          Panic setting in Larry?

          Comment

            #6
            Just curious what you will do with the rally.

            Sit tight and do nothing?

            Follow the market higher but run a trailing stop?

            Sell at a target price?

            Look at an options strategy (but a put) or a grain company minimum price contract?

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              #7
              I think reality is setting in Furrow.

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                #8
                Sell slowly into the rally.

                Comment

                  #9
                  9.25 new crop available today for spring 11 delivery. 9.00 off the combine . 9.09 old crop june july del. southern Ab.

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                    #10
                    We are going to set targets and sell it. Everyones target is different.

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