Strong finish!!

[charliep]

Just curious how many of you have a performance measure of how you are doing on your marketing/pricing in your business plan and actively review it every year. That might start with a weighter average price and a way to compare against an average price for the year.

[charliep]

Another interesting day. Perhaps why I am a student of the market and not an expert. The actual market is my teacher.

No one gets to brag until they actually sell and deposit the check.

[errolanderson]

Given Friday's and Monday's strong
close, canola price volatility may be
quite high this week. Big up and down
days possible.

No way of telling where the top is of
this blow-off top phase of the market.
Commodity funds are getting more
technical buy signals and buy stops were
triggered today amplifying gains. Also,
markets are emotionally charged as
margins calls have been rough on the
short sellers (hedgers) in the market.

Errol

[charliep]

Market rallies like this and airplanes have something in common - they both come down eventually. I would be cautious going into Friday's USDA stocks and 2012 seeding intentions report.

[cottonpicken]

"The trend is your friend till it ends"

-it hasn't ended

[ColevilleH2S]

If you are saying, "sell the rumour," I would tend to agree.

Everyone is talking big acres for Corn. That has to be bullish Beans/Canola no? This coming report may or may not screw that all up.

I guess I'll have to make a sell decision before friday.

[bucket]

I was happy selling last week as for the best info was saying canola would stay flat at around 600 for a while and I thought there was more downside risk than upside gain.

The bulls have been fed and I have some targets in for 13.75. It will even out the hindsight bad sale last week but I am averaging up now.

I can give my marketing guy a good talking to everyday looking in the mirror. He doesn't listen any better than the experts out there.

[errolanderson]

Bucket - Know that selling today, you
would be 30 cents/bu better to the good
than early Friday morning sales. But you
are eating a pretty darn good piece of
mahi mahi but selling today, it would be
a filet. This is now a very
unpredictable market.

As crazy as this sounds, had Bernanke
not prodded the equities today by
hinting that interest rates would not
rise, canola may have been down, not up
today.Grain markets are following stock
markets for leadership. It's a fine line
how this rally is currently holding
together. Also like Charlie stated, USDA
on Friday will be a wild card.. The U.S.
soy complex will either be straight up
on Friday, or straight down.

Big price swings are expected ahead.

Errol

[cottonpicken]

Starting to wonder if this board has been infiltrated
by scum sucking parasitizes,i tried fumigating an
american board once,but was overwhelmed .

i guess i will fight a fight here

[ColevilleH2S]

Cotton
<a href="http://media.photobucket.com/image/wtf gifs/crash16_photo/gifs/wtf.gif?o=38" target="_blank"></a>
is that about?

[riders2010]

You really don't know what he means? Holy shit man!

[dalek]

Coleville I'm thinking these bean prices have bought
significant acres back from corn, particularly outside
the corn belt. They've already bought back 10% of my
intended corn acres and I know a lot of fellows in the
same boat.