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
Click for pdf of Sales Wreck Wednesday – Dec 11.Click for pdf of Technical Tuesday – Dec 10.
Click for pdf of Deferred Real Pricing – Dec 10th – All Crops .
Click for pdf of Marketing Plan Monday – Dec 10th.
Click for pdf of Fundamental Friday – Nov 8th.
