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Chart Buster! What a fun two days!

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    Chart Buster! What a fun two days!

    Wow canola is down $1.20 a bushel since Friday.
    Ha lets look at losses on every farm. Were down $120,000. in Canola plus another 100000 with other crops in two days.
    Ah love the corrections, time for a holiday to get away from all the BS. Egypt is free of their warlord who was USA backed but the people are happy here were asking for price increase, wink wink CWB went hand in hand for a increase to get us to 50% of USA price. Nice to see we loose at one end but the CWB is getting us some cash on other side.
    Nothing has changed fundamentally. No extra grain was produced than before. But you can only go up till you need a correction. But Remember the Last one in 2008 wow what a ride.
    Not yet if this was late July and we had a bumper Europe had same and USA same. Id say were hooped.
    Have a fun week, 10Days till USA bound.

    #2
    Greed has taught me more than one lesson in my life, sad thing is I forget easy and am a slow learner!!

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      #3
      Actually you are out $120,000 grand because you never locked the price in.

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        #4
        Is the middle east done rioting for food?

        If anything the demand now shoots through the roof on this setback.

        I don't believe there is more grain than a few weeks ago. Maybe less. And if the buyers that need grain don't come in and buy, then who can feel sorry for those that are starving.

        Comment


          #5
          Rich farmer Im up $600,000.00 on last years crop sold just a while ago so Its a good year. I agree the top aint even close to being in. Their short and need product. Also Viagra has a huge amount of bills due by farmers. HM

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            #6
            Viterra bills were due at the end of January and if they are paid there is no hurry until next January.

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              #7
              I agree, noth much has changed in supply. Let the specs take their profits again and in time it will go back up and possibly even further. Patience will be rewarded but prudence will be needed, watch out for the greed factor.

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                #8
                Vitterra is always feb 25th sorry boys.

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                  #9
                  SF3 you never lost 120,000 because you never made it in the first place.

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                    #10
                    "When the markets are hot and your snorting and puffing like there's no tomorrow, and your horns are down and you're charging ahead, sometimes all you can see is the red cape and not the estocada" BOARDERBLOKE 2011

                    http://dictionary.reference.com/browse/estocada

                    Comment


                      #11
                      I am beginning to believe that SF3 is a
                      myth, does not exist. He/she is all
                      over the map, happy,sad, rich, broke,
                      peeod, very happy, buying selling,
                      skiing, working, laying on a sun drench
                      beach, workin fer the government givin
                      advice, not workin fer the government
                      takin advice, insulting, praising. Or
                      maybe he is simple and suffering from
                      stress overload. Or simply paid to be
                      on this site by whoever, who cares.
                      Very weird and suspicous to say the
                      least. Supper Comedian farmer or
                      fraudster? You be the judge! Only one
                      thing positive is that he HATES THE CWB.
                      Could be a cow guy or worse, somekinda
                      BROKER in sheeps wool......

                      Comment


                        #12
                        Thats what I was tinkin Burbert. You don't weater da guy comin or goin. Make up yer Mind Sask!!!!!

                        What fer, Where, & Why You's goin to da US of A Sask???????????????????

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                          #13
                          Silver and copper are strong. Gold could go up to show it is still in trend. Canola is following soy oil, was there any news???? Anyway my march basis contract needs to be priced I am considering rolling to may futures early it is a cost of 8 dollars now. Rolling to July would cost 15.3 now.

                          Comment


                            #14
                            Hey yahoo serious (Burp Fart and LPA) its called sarcasm. Prices are in tank tough three days to watch but that's what one should do similar to fall one China will buy sooner or later and make a killing on ones who sell.
                            Yes I farm, and I like to bitch about what I do. It keeps me sane You two talk stupid and its probably your way of dealing with fun of farming.
                            I have fun with my Family that are more important than any damn farm.
                            To many wait for final years and then end up dying before they get their first winter in. Their is lots of Millionaires in the Cemetery. Now pissing it away is stupid.
                            Its a rough few days in Market but I feel for discussion this is a blip nothing changed.

                            Comment


                              #15
                              I enjoy your emotional approach to farming SF3, don't even pay attention to them. Ever seen Step Brothers, They remind me of them, playing on their parents computer in the basement.

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