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All posts for the month July, 2012
Targets out tomorrow during market hours to see how the sell-off continues as we move down to key Fibonacci Retracement levels and to firm up the Durum price anomaly at a few stations right now. J-MAS is not selling against this price drop as there are a number of Technical and Fundamental factors that are being taken a little too literally right now. We believe that highs will be challenged again and with better basis levels so are not panicking into what should be a healthy and short term price correction.
FOB Assiniboia, SK (Except for Lentil/Chickpea FOB Farm, and Ethanol Wheat FOB Moose Jaw)
#1Canola: Sep $12.72(46) Jan $12.99(35)
#2Y.Pea: Aug $8.75 Oct $8.45
#1Flax: Oct $13.18
#2GrLentil: Sep 19.5c
K.Chickpea: Nov 36.0c
#FdWheat: Aug $6.25
#2AD13.0: Sep $7.75 Dec $7.85
#2HRS13.5: Sep $8.77 Dec 8.87
FOB Assiniboia, SK (Except for Lentil/Chickpea FOB Farm, and Ethanol Wheat FOB Moose Jaw)
#1Canola: Sep $13.54(36) Jan $13.85(25)
#2Y.Pea: Aug $8.50 Oct $8.45
#1Flax: Oct $13.18
#2GrLentil: Sep 20.5c
K.Chickpea: Nov 36.0c
#FdWheat: Aug $6.25
#2AD: Sep $7.64 Dec $7.69
#2HRS: Sep $8.71 Dec $8.77
Marketing Plan Updates & Sales Recommendations will be out tomorrow morning.
FOB Assiniboia, SK (Except for Lentil/Chickpea FOB Farm, and Ethanol Wheat FOB Moose Jaw)
#1Canola: Jul 14.61(+43) Sep $13.09(24) Jan $13.29(19)
#2Y.Pea: Jul $7.38 Aug $7.64 Sep $7.64
#1Flax: Jul $12.87 Oct $13.18
#2GrLentil: Jul 19.5c Sep 21.0c
K.Chickpea: Jul 34.0c Nov 35.5c
#FdWheat: Aug $5.50?
#2AD: Sep $7.22 Dec $7.17
#2HRS: Sep $7.90 Dec $7.97