Canola up and away

[bigzee]

Made first sale of old crop yesterday, $14.01. 15 may be hard to achieve, with SA poised to harvest a monster. Even if they have a few problems, they will still take off 27-28 mmt than last yr. But, theres alot of "ands, ifs, and buts to be played out yet.

[wheatsnowcanola]

Have not sold a bushel of old crop yet. Holding out for $12/bu...will probably get it.

[wheatsnowcanola]

Lots of marketing types, or elevator men always ask "What's your target?". I usually respond sometime in February.

[Hopperbin]

You might have to wait a few years.

[Hopperbin]

If you want to get to 12 bucks that is

[TOM4CWB]

Good thoughts today at Farmtec...

$15 is possible... $580 Nov13 not too far away.

Technicals point to longs coming in... after liquidation
for months. Sept 4 was a short... now technicals point
to an upward move.

As usual... Fundamentals can overwrite technicals...
BUT....

Cheers!