Jan Canola

[farming101]

Posted a one month high yesterday. Higher this morning.
A few closes above 467-468 would be constructive

Depending which exchange you look at Palm Oil is very close to putting in a two year high on the continuous chart

[farmaholic]

What happens if July breaks $495-496?

Nothing?

[SASKFARMER]

So my spring thrashed will be worth 12.00 a bushel who knew.

[farmaholic]

So my spring thrashed will be worth 12.00 a bushel who knew.

$9.25 after discounts

[farming101]

What happens if July breaks $495-496?

Nothing?

I would look for a retracement to the 489-90 level if prices rise to that area. Closes above 497 would signal some better levels of support could be established(around that 488-489 level)

Note July contract has not made a one month high
Also note, I could be wrong