• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Announcement

Collapse
No announcement yet.

Market/Strategy

Collapse
X
Collapse
 
  • Filter
  • Time
  • Show
Clear All
new posts

    #11
    In fact, that is what is exactly happening now.

    Comment


      #12
      I agree furrow. A great great farmer
      once told me how he only grew Flax on
      his last year farming. Presold 90% then
      it froze in first week of August. Had a
      nice Auction sale though.
      Its a simple process. Sell some for Cash
      off combine. Like our peas at just over
      8. We have a shit show on peas but with
      whats still in bin and what should make
      it will easily cover the contract.
      I have half mill in presold. Thats
      enough to get to January. Once its in
      the Bin its a lot easier. But this idea
      that you have to give a crop every
      single thing to try to get it to make it
      till fall. Mother nature throws a curve
      ball all the time. But if your in panic
      mode all stops are out for some.

      Comment


        #13
        Funny - no other reply . Charlie ??? Other marketing wiz's.???

        Comment


          #14
          Just dont get into a corner. Live simply and
          without debt. Thats just my opinion. If I followed
          mine own advice,I,d be well off. I like to sleep at
          night.

          Comment


            #15
            I don't think anyone is suggesting selling 100 % of
            your expected new crop. What is being suggested is
            there is a good probability that prices over the
            2012/13 crop year will be lower than current new
            crop offers. Everyone can take this information and
            make their own decisions.

            Being 20 % priced new crop and carrying 80 %
            unpriced is a good strategy for an individual
            manager. My only caveat is farmers with big cash
            flow needs this fall should have a significant portion
            of these financial needs covered via forward pricing
            and make sure they are carrying risk protection on
            both production and price insurance (options). But
            again, a very individual decision based on the farm
            businesses financial needs and the managers
            personal risk preference. No one size fits all
            recommendation from me.

            Comment

            • Reply to this Thread
            • Return to Topic List
            Working...