Whats wrong with this pic ??

[iceman]

I'm sure the so called "market experts" will help the farmers out who have to buy out the forward contracts. With a free year subscription anyways. Lol

The grain markets are rigged so the lowest hanging fruit always gets picked first.

Over & Out

[SASKFARMER3]

Ah the market knows shit!
I agree with bucket made out real good one poor years because floods don't make you money! Drought you know when to quit spending because it's either all dead or just about dead!
Spending a million to make some times three or two or break even or lose like 2002 with a August 4 or 5 th frost that killed everything!
Yea farming where your land is what you have and work for! Renters get replaced over and over!
Missed the frost so game on!

[TOM4CWB]

Act of God;

Our Nexera with Bunge has 10bu/ac Act of God included in the contract features.

Pricing more than this in any event is risky now before the crop is established and growing well.

Great when our marketers take the risk and help out to increase production.

[freewheat]

Never priced a bushel this year. I had a feeling that the good ( over all), western Canadian crops could not last forever.

I have this feeling. It is a good one for once.

Seeded my last canola this afternoon into wet, warm soil.

I have this feeling...

[tmyrfield]

You need a reward to take on extra risk. There has been no reward in this current market in my opinion for selling. Others disagree because they have been selling. To each his own, everyone should know their costs and breakevens, only trouble is what is yield going to be? Act of God causes are around for a few special crops but really need to be more available. So long as we keep signing one sided contracts nothing will change.

[Guest]

my point exactly

[tweety]

What do you do if you don't believe in god?

[freewheat]

Then you are all on your own.

[cottonpicken]

Why dont the buyers take the time to run the options market hedge themselves and offer act of god clauses

[Guest]

cotton, because they don't have to , we are stupid enough to sign them as they are . we haven't priced a lot but I bet a lot of farmers have . they have us by the short ones anymore because there is no competition . you don't sign and assume all the risk . you don't haul , it's just that simple , and even if you do sign , if it doesn't work out for them or railroads , you still don't haul .

[oneoff]

I think at least a few people have caught on and figured it out.


But by and large that assessment is certainly not true....There are most who HAVE to do what they are doing to the disadvantage of themselves and certainly every other last producer.

[bucket]

I have the feeling that those that think the free markets work also believe in ponzi schemes.

The banking system that crashed the market and accelerated quantative easing, whatever that means, it a direct result of free markets.

They should call it quantative expropriation because the government has legally stole the next generations future.