charlie et al.... sometimes as an
analyst or worse, a farmer like myself,
we dont take the time to look at the
signs before our eyes...when was the
last time this time of year clavet and
others have had a 0 basis or better???
and I have never heard of clavet buying
canola from local viterras in sept, and
you can bet your sweet butt they are not
doing a 0 basis with viterra..Like when
the leaves turn color in fall, you know
winter is coming the signs are there
that the big canola crop is not out
there.These outfits are not into giving
xmas bonuses.The futures are going to
follow beans and bean oil but the basis
will dictate price.The commercials will
have to pay for the product if they want
to source the supplies..
analyst or worse, a farmer like myself,
we dont take the time to look at the
signs before our eyes...when was the
last time this time of year clavet and
others have had a 0 basis or better???
and I have never heard of clavet buying
canola from local viterras in sept, and
you can bet your sweet butt they are not
doing a 0 basis with viterra..Like when
the leaves turn color in fall, you know
winter is coming the signs are there
that the big canola crop is not out
there.These outfits are not into giving
xmas bonuses.The futures are going to
follow beans and bean oil but the basis
will dictate price.The commercials will
have to pay for the product if they want
to source the supplies..
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