Soybeans up again

[farming101]

Just want to emphasize that NOBODY predicted this going back only a few months.
Outside day higher yesterday followed by more upside again early today.

[furrowtickler]

Nice to see some positive moves in Ag.
Now just need good wheat to be priced where it should be and not off feed wheat price - lol

[boarderbloke]

Drought in S.A.?

[biglentil]

Ya its crazy that feed and #2HRSW same friggin price. You would think wheat board was still in.

[farming101]

Rip off day in the Canola pit

Beans up 34 and a half US cents a bushel

Canola up 3.6 Canadian cents a bushel
Maybe that can be rounded up to an even nickel...

[boarderbloke]

Noticed the same thing, even checked bean oil, it's up too.

FYI, publically advertised canola crush margins(I say it that way because line co. people with crushing sites have told me, margins are always higher than the ones shown using that industry formula), as of yesterday, were up $40.00/t from a month previous.

$113.37/t or $2.57/bus

[boarderbloke]

101, I was wondering this morning if the co,s. won't be hanging on the JULY longer this year because of the "carry" to NOV.? Any thoughts?

[farming101]

Could be, but really basis changes can fix any issues with that

[MBgrower]

Go beans!!!!

[farmaholic]

What's driving it?
If its oil canola, shouldn't it be following closely?