This past week’s Canola price drop has gotten people’s attention and is likely raising blood pressure.
The decline is no surprise to our readers as we have been BEARISH Canola for a year and a half.
Not everyone has been bearish as we hear talk of individuals building grain bins to store Canola instead of selling them at these prices.
There is a better way to speculate on Canola, but do what you are comfortable with.
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The first chart is the long-term monthly chart courtesy of Barchart.com.
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