Too early to sell the 2017 soybean crop?

[AgrivilleAdmin]

Interesting commentary out of the US.

Darrel Good, Ag Economist looked ahead to 2017 marketing in this commentary...one of the few looking ahead while the huge US soybean crop is being harvested now. Canola is closely influenced by Soybean futures prices.

[URL="http://www.farms.com/expertscommentary/too-early-to-sell-the-2017-soybean-crop-113398.aspx"]http://www.farms.com/expertscommentary/too-early-to-sell-the-2017-soybean-crop-113398.aspx[/URL]

Here are the links to the Soybean Futures.

[URL="http://www.farms.com/markets/?page=quote&sym=ZSX16&mode=i"]http://www.farms.com/markets/?page=quote&sym=ZSX16&mode=i[/URL]

Here is a link to the Canola futures prices.

[URL="http://www.farms.com/markets/?page=quote&sym=RSX16&mode=i"]http://www.farms.com/markets/?page=quote&sym=RSX16&mode=i[/URL]

[theplowboy]

Pretty bearish perspective. Sell now because it could get worse next year?

Lots could go wrong in South America and not all the US crop is harvested yet, saw there is some pretty wet weather in northern corn belt.

[macdon02]

Oil world has some good perspective on this subject

[vvalk]

Oil world has some good perspective on this subject

What is oil world saying if you don't mind telling us?

[macdon02]

Significant palm stocks reduction. Imo with China buying right now they see bottom. Their track record on picking bottom is probably the best around. They stepped up earlier this year than last. The trade deal with them on canola was too easy, had nothing to do with our negotiating, they need oilseeds. 10 cargos earlier this week.