Grain price projections for 2012?

[buzz]

What is everyone thinking about where prices are
going this year. Bullish or bearish?

[fjlip]

If EU gets it's sh*t together and it's dry in some places, bullish due to demand.

[sumdumguy]

My prediction is that lots of acres will get planted
with increase in inputs.

Potential for overproduction weather cooperating.

[buzz]

Good points.
I am neutral right now.
It looks like it is droughty down in South America.
I am concerned about world economic
conditions. It is shaping up to be a year of
uncertainty in my mind.

[SASKFARMER3]

To early to call but with a virtually Brown Christmas in Much of Western Canada. Heat starting up in Brazil and Argentina. (there ahead this year in Crop growth so actually its filling now>).
Dry in USA and who knows. Also Europe has to get their shit together.
I think locking in Wheat now is a mistake unless you can do feed for 7 that way protect your self from problems in Canada in 2012.

[Burbert]

Prices tumble, due to state of flux and
uncertainty. Unfortunately grain
marketeering isn't all that great from
basement. Maybe a sign at the end of
driveway and posters stuck ta utility
post'll create a more stable local
robust market. Maybe framers could sell
grain ta one another, hence creating a
huge entraveinerial complex marketeering
system. Cow guy neighbours are whinning
and snivelling about something, probably
this new phoney Comedian Gag
marketeering system....... Land prices
goin up agin, based on local bs from the
looks of it........

[TOM4CWB]

Buzz,

There have been literally Trillions of $$$ injected into our economy.

Last night comming home we heard how bad all 'investment grade' investments are... with another collapse in the EU comming to light... on top of MF Global... (caused by greek and associated bond melt downs)... How we consider US bonds/treasuries 'secure' was a Huge discussion point.

Ag commodities were considered a high grade investment when compared to everything else folks can put liquid assets into... the Trillions that have been injected makes this even more of a problem!

CASH is a problem... can't eat it... Gold is a problem... can't eat it... bonds are a problem...

You know... 7 billion people... who all are hungry each morning... of which a larger and bigger group will blow us all to kingdom come if we don't provide food...

Wow...

[cottonpicken]

Gold is a problem?

About 6 billion people see it as an exceptable form
of payment for food so yes you can eat it.

There are now more and more rumours the spot
price is now 1900 for large physical purchases
while the paper price is 1600....

As far as technicals in grains we can break our
downtrend right here and now with some days of
solid gains.

[fjlip]

Very solid gains today at CME....Soybean and Corn charts gapped higher and holding gains, 12 Corn, 36 Soybeans.
See what tomorrow brings.

[furrowtickler]

Next 10-20 yrs - Gold, silver, trace minerals, fertile dirt, food and clean water. This is what the world's population will demand IMO.
Grain prices for the most part should hold steady, corn up, soy - canola flat, feed whts down, High protien wht the wild card. All based on "normal" weather/growing conditions for 2012. lol