Posted 11/10/2012 13:31 (#2689271 - in reply to #2689015) Subject: Re: Maydel.. Gap lower on canola weekly
swmn/soin
Tara....I am in agreement on the beans here. I am 100% sold out on 12 beans......had some earlier contracts and sold the rest right out of the field. Looking at the monthly chart I see an upside wedge forming which would tell me the monthly target is the $11.00 area.
maydel...on the bean oil I see the same thing .....more downside...same with crude