Click here for the pdf version which contains Customer Comparisons for Canola and Durum. All crops will be here going forward in the November reports.
Click here for the pdf version which contains Customer Comparisons for Canola and Durum. All crops will be here going forward in the November reports.
Oct 16th, 2013 – Before today’s Target or Action, J-MAS was 45% sold Canola (20bu of a 44bu crop) with an $11.42 sales average.
Canola only again today – Revamped website/report launch is Nov 1st, 2013
Click here for the higher resolution version of: Sales Wreck Wednesday – Oct 16th Canola.
Click here for the higher resolution version of: Technical Tuesday – Oct 15.
Click here for the higher resolution version of: Deferred Real Pricing – Oct 15 – All Crops.
Oct 2, 2013 – Before today’s Target or Action, J-MAS was 50% sold new crop Yellow Pea (24 bushels of a 48 bushel crop) with a $7.35 sales average.
Today we are recommending the following Actions Items and you will notice that Catch-up and Exceedance levels have been adjusted from their normal ranges due to the “near bottom” pricing we feel is prevalent today … Customers click here for more.
Free Preview today-only to garner up as much feedback as possible. Thanks.
Oct 2, 2013 – Before today’s Target or Action, J-MAS was 15% sold (6bu of a 35bu 2013 crop + 8bu carry of the 2012 crop) with an 18.5c sales average.
Today we are recommending the following Actions Items and you will notice that Catch-up and Exceedance levels have been adjusted from their normal ranges due to the “near bottom” pricing we feel is prevalent today … Customers click here for more.
Free Preview today-only to garner up as much feedback as possible. Thanks.
Oct 2, 2013 – Before today’s Target or Action, J-MAS was 63% sold Durum (40bu of a 63bu crop) with an $7.21 sales average.
Looking for feedback – We are rolling out the new website format and reports over the next 2 weeks and are interested in feedback of reports coming out as Images. Once we password protect these pages, they will not come out as emails to subscribers but instead a link taking you to the password protected page on the website. We have a few ways to work around this but using the Emailed/Twittered/Facebooked way to the link is by far the easiest. Your best chance of seeing this in the format you want is to text or reply to us. So far this looks ok on iPads and iPhones and decent enough on a laptop. PDF’s are an option but not a preference for us.
Marketing Plan Monday is on schedule to be out Monday and hopefully the rest of the crop Sales Rec’s will be out later today.
Today we are recommending the following Actions Items and you will notice that Catch-up and Exceedance levels have been adjusted from their normal ranges due to the “near bottom” pricing we feel is prevalent today … Customers click here for more.
Free Preview today-only to garner up as much feedback as possible. Thanks.
Oct 2, 2013 – Before today’s Target or Action, J-MAS was 45% sold Canola (20bu of a 44bu crop) with an $11.40 sales average.
Looking for feedback – We are rolling out the new website format and reports over the next 2 weeks and are interested in feedback of reports coming out as Images. Once we password protect these pages, they will not come out as emails to subscribers but instead a link taking you to the password protected page on the website. We have a few ways to work around this but using the Emailed/Twittered/Facebooked way to the link is by far the easiest. Your best chance of seeing this in the format you want is to text or reply to us. So far this looks ok on iPads and iPhones and decent enough on a laptop. PDF’s are an option but not a preference for us.
Marketing Plan Monday is on schedule to be out Monday and hopefully the rest of the crop Sales Rec’s will be out later today.
Today we are recommending the following Actions Items and you will notice that Catch-up and Exceedance levels have been adjusted from their normal ranges due to the “near bottom” pricing we feel is prevalent today … Customers click here for more.
Free Preview today-only to garner up as much feedback as possible. Thanks.
Sep 12, 2013 – Before today’s Target or Action, J-MAS is 0% sold (0bu of a 35bu 2013 crop + 8bu carry of the 2012 crop) with a 00.0c sales average.
#2 L.G.Lentil are 18.5c, about 2.0c off the New Crop high and 1.0c off the low. Pricing moved off the lows this week with #1’s leading the charge.
Today we are recommending the following Action Items items for Large Green Lentils … Customers click here for more.
September 12, 2013 – Before today’s Target or Action, J-MAS is 30% sold new crop Canola (13 bushels of a 42 bushel crop) with an $11.69 sales average.
Beans are 13.96 on Nov Futures, about 5c above the recent high. They almost completely filled the gap down to 13.30 touching 13.32 which should be close enough. Real potential for them now to take off if they can hold above this key “previous high” resistance level on the new crop chart.
Local Bid Canola is $10.48, about 95c/bu off recent Futures high and 20c down on Basis. We had a near exact 68.2% Retracement and thus technically still in an Uptrend but – by not holding 38.2% – indicating a grind higher rather than continuation of the previous pace.
Today we are recommending the following Actions Items and you will notice that Catch-up and Exceedance levels have been adjusted from their normal ranges due to the “near bottom” pricing we feel is prevalent today … Customers click here for more.
This is the LAST 2012-13 Crop Year post. Email list will be cleaned up to reflect 2013-14 customers only and New Crop targets will move back to this site. With additional full-time marketing staff, the 2013-14 J-MAS marketing campaign will see an upgrade and a more structured weekly schedule.
Marketing Plan Monday’s – Outlining the current J-MAS Marketing Plan, with Sales Averages, and Move Capture highlights.
Technical Tuesday’s – Local Best Bids and Technical Analysis each Tuesday afternoon.
Sales Rec Wednesday’s – Sales Targets and Recommendations out each Wednesday afternoon.
Fundamental Friday’s – Fundamental Analysis of the markets affecting our core Local Crop Markets.
$$Jun 19th MPUpdates – Targets expire July 31st. We believe it in your best interest to be within 20% of our official Benchmark positions – plus or minus.
$$CanolaMPU – 100% SOLD – Look for $14.00 or better delivery {612+5 Basis} to be 100% sold (34bu of a 34bu crop). Benchmark is 100% sold (Since Apr 9th at $14.07). At Current May $13.51, be 100+% sold.
$$Gr.LentilMPU – Continue to look for and take 22.0c #2 on 15% to finish the year at 70% sold (18bu of a 26bu crop). Benchmark is 70% sold. At Current 21.5c #2 be 65% sold.
$$Y.PeaMPU – Continue to take $9.60 on 15% to be 100% sold (35bu of a 35bu crop). Benchmark is 100% sold. At current $9.60 bid be 100% sold.
$$FlaxMPU – Continue to look for and take 16.60 on 15% to be 100% sold. (27bu of a 27bu crop). Benchmark is 100% sold. At Current $16.60 be 100% sold.
$$ChickpeaMPU – 100% SOLD – Settle for a 31.5c rough #2 specs to be 100% sold (47bu of a 47bu crop). Benchmark is 100% sold (Since Oct 23rd at 35.5c). At Current 33.5c be 100+% sold.
$$Eth/Fd.WhtMPU – 100% SOLD – Settle for $7.03 to be 100% sold (78bu of a 78bu crop). Benchmark is 100% sold (Since Nov 13th at $7.24). At Current $6.90 be 100% sold.
$$DurumMPU – Continue to look for and take $8.15 #2 on 10% to be 100% sold (46bu of a 46 bu crop). Benchmark is 100% sold. At Current $8.05 #2 be 100% sold.
$$HRSWheatMPU – Continue to look for and take $7.21 #2 on 20% to be 100% sold (23bu of a 42bu crop). Benchmark is 100% sold. At Current $6.92 #2 be 100% sold. –
Abbreviated and Bi-Weekly Sales Recommendations through summer season as we wrap Old Crop this summer. Call for specific ideas to help you finish up any old crop you would like to finish selling.
$$May 17th MPUpdates – Seeding going strong locally and starting to progress better than expected in other areas. With a dry forecast now, getting a little more Bearish as some unseeded/frost/yield risk premium comes out of the market. Lots of risk of yield and acreage scares ahead but last 2 weeks and coming week less bad than expected. Targets expire May 27th. We believe it in your best interest to be within 20% of our official Benchmark positions – plus or minus.
$$CanolaMPU – 100% SOLD – Look for $14.00 or better May delivery {612+5 Basis} to be 100% sold (34bu of a 34bu crop). Benchmark is 100% sold (Since Apr 9th at $14.07). At Current May $14.35, be 100+% sold.
$$Gr.LentilMPU – Target 24.0c #2 on 20% to be 75% sold (20bu of a 26bu crop). Benchmark is 55% sold. At Current 23.5c #2 be 65+% sold. India Pulse crop a little light and Lentils were not crop of choice at seeding so upside potential but much may be already priced in for Old Crop. Also – Canadian Lentil country weather has gotten friendlier over the last 2 weeks and normal yield potential remains with likely extra acres than expected a month or two ago so be wary of a 25c wall on new crop. Bids may dry up leaving only a New Crop market available – so have a space plan on that possibility!
$$Y.PeaMPU – Continue to take $9.00 on 10% to be 85% sold (30bu of a 35bu crop). Benchmark is now 85% sold. At current $9.00 bid be 85+% sold. Target 1 hit of our finishing plan. If it can not break through $9 in the next two weeks, we’ll consider moving to 100% but enough potential of $10 to hold that greedy portion for a while yet.
$$FlaxMPU – Target $18.25 on 15% if you can find it to be 100% sold. (27bu of a 27bu crop). Benchmark is 85% sold. At Current $16.09 be 75+% sold. Friendly weather is not Bullish Flax as two weeks ago this looked like a crop that would not be seeded in time to have any kind of yield potential, now it has a shot if this pattern holds.
$$ChickpeaMPU – 100% SOLD – Settle for a 31.5c rough #2 specs to be 100% sold (47bu of a 47bu crop). Benchmark is 100% sold (Since Oct 23rd at 35.5c). At Current 33.5c be 100+% sold. SEE NEW CROP TARGETS HERE.
$$Eth/Fd.WhtMPU – 100% SOLD – Settle for $7.03 to be 100% sold (78bu of a 78bu crop). Benchmark is 100% sold (Since Nov 13th at $7.24). At Current $7.13 be 100% sold. SEE NEW CROP TARGETS HERE.
$$DurumMPU – Take $8.00 #2 ($8.20 #1-13.0) on 15% to be 90% sold (41bu of a 46 bu crop). Benchmark is now 90% sold. At Current $8.00 #2 be 90+% sold. Friendly weather in Durum country is not Bullish Durum. Holding onto 10% as a greed play into less benign weather potential but understand that many will want to go right to 100% on this sale and that is fine too.
$$HRSWheatMPU – Take $7.34 #2 on 10% to be 80% sold (23bu of a 42bu crop). Benchmark is now 80% sold. At Current $7.34 #2 be 80+% sold. – We have mostly missed this one and simply have to play catch-up. There were nice bids last fall that obvious to us now should have been sold more aggressively. This was the one crop where we didn’t get back to or exceed the fall highs so will take our lumps now verse more later.