Christmas Doldrums

[farmaholic]

Shouldn't the markets be getting ready to take the Christmas break and be winding down? 10 more days to Christmas Eve. Canola has seen a nice upswing. MGEX wheat seems to be bouncing off the floor, when/will we see a upswing?

[Guest]

we only get all the answers on the way down , lol ! canola surge , glut , better than expected yield, etc , blah , blah, blah . you and I know you you can't grow it for less than $10 and I sure as f$&k won't . nobody gives a shit about that tho ? they will someday

[SASKFARMER3]

This year markets will give a gift before the real pain starts!

[farmaholic]

SF3: Does that mean all your grain is sold?

[Daylate]

I wouldn't say canola has improved. It hasn't even kept pace with the slumping dollar this month.

[SASKFARMER3]

No not all yet!

[crusher]

2 million tonne carryout predicted, $11 June doesn't look that bad. 40% sold with another 15% to go if we hit $490 March.

[farming101]

Just a guess..
March Canola will pull back towards 480 this week.
MGEX wheat - nothing. Canadian price increases will be tied to a weak or even weaker CAD.