See the cover pages below or click the Fundamental Friday page for the high-resolution pdf version with all 6 pages including full Bull & Bear cases for reach crop.

AgCanada was out today with their December report reflecting most current CGC inspection data and StatsCan report.  As inspected big increases to yields which the market mostly saw coming since combines started rolling.  The most notable thing to us was finally some confirmation of big Lentil exports and a move lower is carried stocks.  With many looking to exit Lentil next year we believe our 25-30c Large Green Lentil thesis is sound for sometime in 2014.  This was the first good signal we have seen but logistics could start to derail Lentil exports now if they haven’t already so we shall continue to watch.

Marketing Plan Monday and Technical Tuesday will be out next week but no Sales Recommendation report.

Here is the pdf of the Sales Wreck Wednesday – Dec 11.

Updated Marketing Plan Monday, Technical Tuesday and Sales Rec Wednesday.  Big drop for canola captured in the new “Move” in Marketing Plan report, the ugly technicals in the Technical report and the Durum and Flax sales in the Sales Recommendation report.  We are letting the market panic, not panicking ourselves.  Nothing great on the horizon for Canola due to the burden, but the bottom has not fallen out as one look at the Bean chart will show.  Price action for Beans more important over next few days in the wake of a big demand confirming USDA report.  Oil component weak or not, Canola can not discount itself to Beans this much without finding new and long-term beneficial demand avenues.

The 1st J-MAS Marketing Meeting of ’13/14 winter will be a week or so after crop show in January.  Call or text with specific questions in the meantime.

Choose the crop below for it’s Marketing home page

 

Here be the Marketing Plan Monday home page and here be the pdf version of Marketing Plan Monday – Dec 10th.

Updated Marketing Plan Monday, Technical Tuesday and Sales Rec Wednesday.  Big drop for canola captured in the new “Move” in Marketing Plan report, the ugly technicals in the Technical report and the Durum and Flax sales in the Sales Recommendation report.  We are letting the market panic, not panicking ourselves.  Nothing great on the horizon for Canola due to the burden, but the bottom has not fallen out as one look at the Bean chart will show.  Price action for Beans more important over next few days in the wake of a big demand confirming USDA report.  Oil component weak or not, Canola can not discount itself to Beans this much without finding new and long term beneficial demand avenues.

Either link gets you to the full report with Analyst & Customer comparisons for our three core crops.