Morning Markets....

[checking]

"You guys have absolutely no clue."

"You-you **** stick ..."

There are a couple of defining moments, and even more telling when a supporter suggests that he "I listen very closely when cotton imparts his wisdom."

Good on you, cattleman, for standing your ground.

[cottonpicken]

Lol,Mallee and I be mates,he had the capacity see
through the fog of internet posting bias,along with
a few others here.-over years and years and years
ago,like 8 years ago when i was a real tough "pill"
to swallow.

And if you want me to pull up the cci
chart(continous commodity index),and say i hurt
people,by me being me,then i really will take you
out behind the perverbyable internet blogging
woodshed and paddle you so bad you'll never show
your handle again.

[charliep]

Talking to a mechanic (one not wanting to get paddled) and trying to make sense of what is being said.

Cottonpicken - are saying Hopperbin shouldn't sell their SWS for $5.10/bu? Markets are still trending higher but I suspect are about to stall short term. Longer term, the trend higher may continue but my experience in life is you have to survive the short term to make the long term (at least for mere mortals with some financial realities). Strangely as well, things that are obvious never happen - people/markets change behavior to bugger the best laid plans. There were lots of others issues related to a market decision versus just price. A managers ability to take this information and make good is what makes them successful. No simple answers.

As a mechanic, I note that I am as concerned with the physical transfer of grain/conversion into other things as I am price. If price were the only factor, everyone here could sit in front of a screen and trade futures. For example, cattle need to be fed everyday. A process that provides a price signal and results in a sale/physical transfer of product has to to happen everyday or at least often enough to have grain arrive when needed.

[charliep]

An interesting quote for this Week's Left Field Special Crops Update/Chuck Penner.

The greatest discovery of all time is that a person can change his future by merely changing his attitude.
Oprah Winfrey

[charliep]

Reality check time. Early harvest/likely normal cash flow sales off the combine. 13 million tonne crop. Close to $13/bu canola if you push pricing into 2012. Best price. Don't know. Good opportunity/reason to look forward to harvest? You answer that question.

[cottonpicken]

They should not sell for 5 or 13.

Cash flows should be met but prices are depressed
not inflated.

Now we are on an even playing field eh Charlie?

And I'll flush oprah and chuck like the rest of the
waste that comes into my life.

The same bnn and cnbc crowd talking hard working
average people out of gold and tangibles and into
the the riskiest sickest assets labeled as safe?-im
sick of it it,seeing the lies,hearing the lies,day after
day after day after day.....

Tell us now captain Charlie Where do your
investments lie?

Are you beyond advice?,in day to day.

[charliep]

My investments are where my investments are based on my needs and philosophy. My decisions made in the realities of the world I live and the risk I am willing to take. If I don't like the message, I turn off the TV.

[cottonpicken]

You are all living in some god damn fantasy land.

You are justifying horrible descisions with words
and phrases like"risk tolerance" or "who knows" or
"unpredictable".

The incompetence is to much for me to bear.

The next cycle,which is starting,is going to take
your breath away.

But not mine.

have fun with th 8 dollar loaves of bread and your
deflationary,i'm ok cause i've got cash but i don't
want to buy oil or gold because they are expensive
and about to goto 0,mantra.

You lost 8 years ago but your still to stupid to see it.

[charliep]

Fair enough. To be fair, I do put my name to what I say and can held accountable to it.

Charlie Pearson

[gregpet]

Ouch! Good one Charlie.

[checking]

We have all thought at one time that we were bulletproof. Seems sprained ankles, and risk management follow each other around. The paddle is for the effluent creek that cotton is on.

[Cattleman]

Cotton, I asked for some day to day advice, on an everyday situation in another thread. Since you have the market figured out, I would appreciate your answers.

Inflation is certainly a concern, lots of hurdles to work through yet, and by the time it comes to fruition, it may not be the full benefit you say. What is wrong with selling wheat today, at market price? Sell wheat and save storage and buy land? Is that as stupid as you say?
If you weren't so one dimensional, you could possibly provide real advice.