Whats wrong with this pic ??

[Guest]

most farmers prepriced a lot canola wheat oats etc ? took all the risk seeding this crop , now theres half month of may with frost , drought , etc who is gonna pay when the market finally has to admit its a wreck , and this shit goes through the roof ? what a joke ! what do you think this is going to cost farmers to get out of this mess ? maybe we should just tell us we will deliver it when we get it , same as they do with cars when we are trying to deliver

[farmaholic]

ACT OF GOD.....

[cottonpicken]

Why o why cant they offer act of god clauses on exchange traded crops using puts and calls unless there is something villanice to it. O wait let's talk backwardization and contango.

Where the **** are you now depape

[cottonpicken]

O wait what would the market forces be if you buy/sell puts/calls in a contango/backward Market


Lay it out einsteins or i ****in will

[Hopperbin]

The farmers new the risk when they signed.

[Klause]

agree with hopper.


Last year was 60% priced now. this year 5%.


I've been predicting a runup in the markets like we've never seen before. It'll happen.

Just wait... It'll happen. :P

[fjlip]

If we live/farm long enough there is always an issue to spike prices....how long can you suffer? How deep are your pockets? How do you handle stress?

[farmaholic]

Keep.predicting the same event, sooner or later you'll be right.

[bucket]

I have usually made more money with shitty crops or poorer quality.

The grow more for less doesn't work.

Grow less for more. Every other industry works that way.

Case john deere gm etc etc.


We are fools thinking growing grain for a hungry world . Let them eat the traders paper contracts for a while. See how full they get.

[sumdumguy]

I agree Bucket. 1994 Lentils 50 cents a pound and Canaryseed 56.5 cents because the contracts couldn't be filled. The guys with bins full were laughing, but the stars only line up once in awhile.

[Hopalong]

Nearing end of farming career, glad I never lost faith in free markets and trade.
Cannot understand those who spend a lifetime at a job they do not like and think the world is fixed against them.

[cottonpicken]

It will be a run up more then you can comprehend.

What will traders think of inelastic markets after the bond and stock market bubbles burst?

[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.