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Free Fallin Canola

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    #13
    I agree with Cotton. Outside factors are driving the bearish markets.
    I just don't see a quick fix in Europe or the US.

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      #14
      Canola futures for January 2012 hit a new near-term low overnight at $499.50/mt on the CBOT as lower soybean futures, uncertainty over Europe, and more doom and gloom scenarios contributed to the lower price. Look for some sort of bounce near-term as most farmers are not interested in selling at these prices.

      Michelle - Farms.com Risk Management

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