Soybeans higher

[Fransisco]

Just checked the overnights and soybeans have taken another good jump higher. September has been as high as $10.90 so far.

[furrowtickler]

Went to Edmonton and back today, only seen one canola feild that was done flowering. A cool wet week will be not good at all.

[furrowtickler]

Wow soyabeans up big this A.M.

[cottonpicken]

http://www.youtube.com/watch?v=jsaTElBljOE&feature=related

[Fransisco]

The Yankee peso is still heading down, the Canuck buck still going higher, I'm guessing par is just around the corner.

[Fransisco]

crude's back up to $71

[Fransisco]

Canola gapping nicely higher so far tonight.

[Fransisco]

Things are rock'n an roll'n in the soybean and canola pits again tonight. I wonder at what point those gaps are going to get filled.

[Kodiak]

Aug 7 9:20 AM MDT

Soybean chart looks interesting. Is it going to fill the gap from Aug 3--- or is a bull flag formation developing, with a $1.50 run to the upside to come?

Anyone betting???

[Kodiak]

I'll take that bet!!

Got out of all my shorts this week. Bean chart looking really good, this may happen sooner then I thought, was hoping for a little more downward action going into Nov, and then would've been a buyer.

Right now going to sit the sidelines for a bit, and monitor it closely, still would be all over Oats at these levels(that chart on the monthly looks really impressive also)

New highs.......??????

[Kodiak]

The bull flag in Nov canola confirmed with a break-out today. Target $470 - but there's a gap at $455.10 to $458.50 that might mess it up.........