Market run....

[broker]

Lock up the flax and canary bins. Let lentils get to 27-28 to start. Don't sell a bushel of canola below $10...but don't get greedy yet. Start selling a little oats at $2.50 (at the bin). There will be good pea prices right off the combine likely...not sure what number to start at there though... Feed barley and wheat could be in large supply if we get an early frost...if you see $4 FOB farm feed wheat, that would be a place to start selling if you want to move non board. Barley won't get too high...likely sell old crop at $2.50 FOB, new crop $2.75 to start....any others?

[LWeber]

Flax hit $20.50 in 2008

[SASKFARMER3]

Yea MC what ever, Last year was a miracle that the crop got harvested. Period. Sky is falling yea right one rain in November and it was all over or frost in August. This year we have a monsoon and all said rain makes grain yea right. What ever travel people see whats out their not just in your little acre in the world.
Now on barley delivered last malt, we have few bins left they are considering taking it because of the crop problems that look to be appearing. Hm Barley turning yellow from over dose of moisture. Also peas don't like excess water. HM.

[furrowtickler]

thanks broker, something to do with the thread topic - good points. I am not sure on old crop green peas though. How much of it is out there and what is happening in that current market?

[charliep]

Not to throw gasoline on the fire for anyone bullish but here is article that is interesting about the US situation.

[URL="http://www.agweb.com/get_article.aspx?pageid=157854&src=fscrn"]corn yields[/URL]

[ado089]

The other factor influencing yields is the fact that alot of land is too soft to spray. Personaly I don't think I've lost much more than 40ac around permanent water bodies from flat out flooding but there is probably close to 1000ac that's a role of the dice if I get through with the sprayer. That means alot of weeds and little crop if we can't get at it.

[furrowtickler]

Your right ado, early heavy weed prssure can hammer yields.

[haveapulse]

canola hit 750.00 in 1984

[highwayman]

In the words of Tatoo, " the plane boss, the plane".

[bucket]

Flax is triggereing at 9 bucks.

Too bad they didn't watch the weather a little sooner. And maybe listen to their customers.

Weber says 14 buck will be reasonable.

Exports are running ahead of last year and the crop was losing acres this spring. The carry out will be nothing.

Looking forward to 2011, if a guy can survive. 2010 is a write off.

[boarderbloke]

Larry, how much of this rally in JULY is short covering vs. demand(crusher or exporter). If this is a lot of short covering(50%), it could all come to an end in a hurry, no??? Thanks.

[charliep]

Will note the inverse on the July. Could also be threat of standing for delivery driven (maybe another way of saying short covering).