what a day

[malta]

March canola started at $524.90 and after the USDA report worked it's way down to $510.50. Traders were not taken in by the USDA for long as March is now back to $523.40 with little time left in the session. These markets are not for those who love the consistantly low price offered by the CWB.

[mbratrud]

look again.... Tomorrow will be interesting hopefully we can at least stay flat going into weekend. Think commodities got a bit of help from outside markets and better than expected Italian bond auction.

[cottonpicken]

I think it was a big head fake.

They are monetizing the debt everywhere and the lid can't be kept on much longer.

If this is the classic "your tea is ready" pattern,we have drum roll please....12 dollars.

http://charts.insidestocks.com/chart.asp?jav=adv&vol=Y&grid=Y&divd=Y&org=stk&sym= ZCH2&data=H&code=BSTK&evnt=adv

[mbratrud]

I would have to agree with you C. But
Italy does pay 1 years bills at under 3
percent, that does buy them time doesn't
fix the problem. I would like to know
who bought? China?

[boarderbloke]

sure nice to see NOV12 Canola turn around but MGE and KCBT wheat sure didn't!

[sumdumguy]

The other side of high prices is overproduction.
When everyone is pouring the coals to eavery
acre- watch out, we could be back at 1981 again.