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    #1

    canola recovery

    If theres a shortage how come its
    Slipping so much lately,harvest
    Pressure be the cause.
    Tags: None
    #2
    Its bean estimates higher than expected. Just another report manipulating the market.

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      #3
      I think the system is just taking a breather. Guys that didn't want to start a bin for 500 - 1000 bushels took the spot price.

      Once they figure out those bins were supposed to be full but are not the rally will resume.

      I would put money on that china is or will be buying at these lower levels. The crushers had better pay attention or they may end up buying australian canola.

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        #4
        On BNN this morning, a headline stated Palm
        Oil to have biggest yearly drop in 4 years do
        to surging stockpiles. That cant be good for
        canola price.

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          #5
          A call of the land I did on selling into a declining market. I like the expression "Markets are like buses - if you miss the first, there is likely another arriving in a few minutes". I would have some realistic price targets however.

          [URL="http://www1.agric.gov.ab.ca/$department/newslett.nsf/all/cotl19985"]Call of the Land[/URL]

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