Currently working on a last hard push on the 2013 J-MAS Marketing Plans. In meantime – here is a chart of some decent price action that looks to be granting sales opportunities in the mid-high $13’s once again. We are not expecting a large rally yet in Canola, but this is great bottoming price action and will be influenced by the very important Jan 11th USDA report. Great catch-up areas under the resistance levels. J-MAS remains 55% sold Canola and still content be there, though a move ahead of Jan 11th may be coming if Price Action or news out of Crop Production Show is not positive for Canola.
