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Reposting of Message of Changes/Strategies

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    Reposting of Message of Changes/Strategies

    Wound my way back to the original and copied. Hopefully works.

    Thought I might have a crack at getting the weekly comments going again.

    Comments from S.E. Asia.

    Amazing the amount of palm trees in Malaysia. Can only comment about the view out a bus window but the south part is pretty solid palm trees. From other sources (hopefully wd9 still follows the threads), Malaysia is doing some very interesting things in terms of research and technology transfer. Information is moving to other S.E. Asian countries so the palm oil production juggernaut will continue.

    Food supply concerns (particularly around rice) and impact on inflation are a major issue and covered daily in their media.

    Don't know if it will help but thought I might pass my process for catching up on markets after I have been away for some time/need to catch up. To cut to the chase, I don't spend a lot of time on old newsletters but pretty much go straight to looking at the charts.

    My questions when I look at the charts are: Have significant changes occurred over the past month? If the changes are significant, why (target my research)? Do I need to modify my marketing plan?

    So here are the changes March 20 to April 18 with no comments from me - you guys can fill in the blanks.

    Feedgrains.
    CBT Corn nearby M. 20 - $5.07 1/2 A. 18 - $5.99 1/2. Up 18 %.
    ICE barley nearby M. 20 - $224.30 A. 18 - $246. Up 10 %.

    Oilseeds.
    CBT soybeans nearby M. 20 - $12.07 A. 18 - $13.61. Up 13 %.
    CBT beanoil nearby M. - 54.40 A. 20 - $60.98. Up 12 %.
    ICE canola nearby M. - $576.90 A. 20 - $622.10. Up 8%.

    Wheat (realizing includes Fridays crash).
    CBT M. 20 - $9.87 1/2 A. 18 - $8.70. Down 12 %
    KCBT M. 20 - $10.32 A. 18 - $9.39 3/4. Down 9 %
    MGE M. 20 - $12.77 A. 18 - $12.25. Down 4 %.

    #2
    Really glad to have you back online!


    Parsley

    Comment


      #3
      Dear Charlie,

      Great to have you back again!

      Looks like you brought some moisture back with you as well... good deal!

      Actually we have been praying for rain for over a month now... here is hoping for a productive 2008 cropping season!

      We are going for 80% PI insurance... no SPE... growing more pulses than ever before... less canola.

      Comment

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