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Bullish thoughts video for USDA report tomorrow

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    #46
    So ALLFARMER, I have to ask.....how can anyone sell round hay bales for $15? Why would anyone bother growing it?
    Alberta Ag says yield for alphalfa/brome is about 3 tons in the best zones? If the bales are 1300 lbs we are not talking more than a little over 1 cent a pound? How does anyone run machinery over that land at that price.......let alone any fertilizer or seeding costs...let alone any kind of return on investment?

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      #47
      To buy 15 dollar hay here, it would have to be several years old, black, rained on many times, and likely mouldy.

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        #48
        Richie Bros auction in Grande Prairie. No one
        new they were being sold and in that area
        absolutely no one needs hay. Deals can be had if
        you go to enough auction sales

        Comment


          #49
          Bad spelling in previous post...'knew' they were
          being sold. Went on RBI website / auction results,
          couldn't find the bales but found a Schuler 220
          silage wagon that looked near new that sold for
          $500 now that's cheap.

          Comment


            #50
            newguy . . . the reason markets didn't
            jump and in fact drop (corn and wheat)
            is exactly what Charlie stated . . . the
            market has already built in the drought.

            Funds might ram one more time, but if
            margin rates are hiked or if credit
            markets suddenly get squeesed or the
            global recession/depression worsens or
            ongoing BS about central bank stimulus
            is finally called a bluff . . . mark me
            words . . . there will be one hell of a
            sell-off.

            The clock is ticking . . . . .

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              #51
              JD 9600 for 35000
              Caseih 9370 quad for 32 000 another 9370 quad
              went 42000

              Comment


                #52
                JD 9600 for 35000
                Caseih 9370 quad for 32 000 another 9370 quad
                went 42000

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