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Crop Report in Alberta

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    #13
    Did we just start a new leg up yesterday? or is that just "Hope!"

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      #14
      boarderbloke . . . strong bargain-
      hunting type buying is created this
      rebound today. Also, Bank of Japan
      stimulus news is adding a positive tone.

      But technical damage is done. And to
      repair that, fresh bullish news is
      needed, beyond bargain hunting (IMO)

      Rain forecasts in Brazil is maintaining
      enormous production forecasts in South
      America.

      With the corn price drop, wheat (IMO) is
      ripe for a possible setback. Wheat has
      been replacing corn. Now global corn
      values are in-decline. Grains are now
      trying to find their new trading range.

      Major soybean volatility is huge
      (possibly $1/bu wide right now). $15.90
      to $16.90/bu range. Canola futures wide
      ranging as well.

      an opinion for what's it's worth . . . .

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