Text messages sent out to capture 3 crop sales today in front of tomorrow’s too expectedly Bullish USDA report. A report needing to be very Bullish to hold off a fund exit as their catalyst for going Long is more firmly established in print and thus common knowledge.  Full MPU out tonight to provide more detailed rationale but believe these sales and any needed catch-ups will provide enough risk management to be more aggressively Bullish in the longer term with remaining portions, where we continue to expect new highs and better basis.

FOB Assiniboia, SK (Except for Lentil/Chickpea FOB Farm, and Ethanol Wheat FOB Moose Jaw)

#1Canola:  Sep $13.50(33)   Jan $13.83(22)

#2Y.Pea:       Sep $7.95          Oct $8.21

#1Flax:                                   Oct $14.00

#2GrLentil:    Sep 21.5c

K.Chickpea:                            Nov 35.5.0c

#FdWheat:    Aug $6.50

#2AD13.0:     Sep $7.96          Dec $8.06

#2HRS13.5:   Sep $7.70          Dec $7.80