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Wheat and Canola...

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    #1

    Wheat and Canola...

    Are the bottoms in?

    What gets overdone sometimes needs to be corrected, but is there potential for better prices ahead?
    Tags: None
    #2
    MWK closing over 496 would indicate stability. If CAD
    takes a breather here it may present an opportunity
    for some decent prices. Trending down yet.

    Canola a refreshing turnaround but its got a ways to go.
    Basis is stable in most areas.
    May July carry increased indicating risk off. Market is supplied.

    Comment

      #3
      Warm dry weather in winter wheat areas.

      Winter wheat seems to have nine lives though.

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