Canola went parabolic today!

[farming101]

For about 10 minutes on the one minute chart!
A good day nonetheless. Finished up 10 bucks on the day.

<a href="http://photobucket.com/" target="_blank"><img src="http://i1211.photobucket.com/albums/cc421/farming101/May%204%2015%20Canola_zpsmn34uufe.jpg" border="0" alt=" photo May 4 15 Canola_zpsmn34uufe.jpg"/></a>

[SASKFARMER3]

See I think it being dry and the fact that some one finally realized that were not going to get the acreage we thought! Ah farming!

[tweety]

Too wet too dry.

[furrowtickler]

Too hot , too cold.

[farmaholic]

Someone short?

If there's a big rally, the rest of the farm Is going into canola, going to stop seeding for a week to play the "wait and see game". Better speak for more canola before.theres none left. Hurry up and wait...

[mustardman]

I'm mortgaging the farm and buying seed. Lol

Canola is a Rotational crop only, if you can make it pay that's a Bonus

[farmaholic]

Good plan mustard. A terrific way to transfer equity/capital to the "Industry".

[SASKFARMER3]

20% less canola from the all time high! Plus weather is going back to normal in the palliser!

[fjlip]

Followed Soyoil, but why did that spike up over a cent a lb, 4%?

[crusher]

And my target was $460, bummer.

[Braveheart]

China rumoured to be buying soyoil. Also, floor traders in CHI started talking about farmers dropping bean acres for corn.