Sell sell sell?

[fjlip]

Lots was sold months ago especially in US.
Now a panic to even fill those contracts.
This ridiculous weather has me spooked.
Long way from bin.

[zeefarmer]

Agree fjlip. Crop is not in the bin yet. In our area,
crop can turn out a 0 at any point. I will worry about
marketing the 2012 crop after it is in the bin. It is not
fun buying out contracts or running around on hailed
peas trying to get enough peas to fill a 8-10 bus/ac
contract.

[Braveheart]

Short crops traditionally have a sharp up rally followed by a long tail trending down. But is anything traditional anymore?

We have had decent targets hit on wheat for Aug delivery hit recently, and expect another today. These prices are too good to not capture at least some tonnage on.

[Burbert]

Lying and cheating never go out of style
in the marketplace........

[MarshallDillon]

Well, Beans should technically be able to go to 18$, and then if you add 5 bucks onto that, which was the launch at 13$ plus 5, you get 23$. Twenty three buck beans. $13-$18-$23. Hey Errol, I feel kind of light headed.

Demand destruction will start to happen rapidly in corn (already has, poor export numbers) when ethanol plants cannot compete with 88$ oil when having to buy 9$ corn. I think Obama may have to step in and throttle back the ethanol mandate number for the sake of feeders and 3rd world importers. I mean, we are on the edge of crazy.

[sumdumguy]

Zeefarmer, yous one smart man. You cn lose
your sraca chasing the moon. Once you have the
crop safe and sound, you may not always get the
highest price, but you cant lose the farm either.

In the fall it starts to rain right after Aug 15. All
the pre- sellers are crying the blues. Lentils
shoot up to 50 - 60 cents, Canary gets wings too.
The guy who got them locked away is just
laughing. Happens!

[sumdumguy]

Burbert, suck a lemon

[Burbert]

Yous boys/girl marketeers are all geniues
and rich ones to. Hope the interest rates
don't start climbing and sewer yalll!

[cottonpicken]

Feeder cattle are in deep trouble the technicals and
fundamentals have turned against them,good floors
at 120,100,90.

The historic mean ratios of gold/corn,gold/beans is
something like 145 and 57,so we are still pretty
cheap.

In the sixties it was as low as 23 and 10.

Can you imagine being able to buy an ounce of gold
with 23 bushels of corn,lol.