Bloody Monday Bloody...

[TOM4CWB]

DTN special report ends like this...

Jerry is a master marketer (in my opinion) and farmer.

"Taking out the July lows in December corn futures still leaves a considerable void to the lows made in the fall of 2014 using continuous price charts that reflect the lead contract. If December 2015 corn were the lead contract today it would still have about sixty cents downside risk. For someone with a good crop it could mean still $120 per acre downside risk. Something similar can be said for soybeans, but I will have to see more convincing information that the crop is as bad overall as some believe before picking a bottom no matter how tempting. I have tried to catch a falling knife before, and it is difficult. I will stay largely short futures from two weeks ago and covered for 2015 crops."

Jerry Gulke, President Gulke Group, Inc. For more info, go to www.gulkegroup.com, or click info@gulkegroup.com or phone 707-365-0601; 480-285-4745

I don't pretend to be smart... but catching a falling knife as Jerry says is no fun!

Don't stand in front of a fast moving freight train... and did I ever learn that lesson over the last 6 months!!!

[TOM4CWB]

Rainfall WarningIssued at 15:26 Monday 27 July 2015
Summary
Rain, at times heavy, is expected. Total rainfall amounts of 50 to 80 mm by Tuesday evening with locally higher amounts in thunderstorms. A low pressure system in eastern Montana continues to track northward late this afternoon. Ahead of this low, a large area of rain has already enveloped much of southern Saskatchewan and will continue to spread eastward throughout the overnight period. Heavy rain is expected to continue through the night, and taper off from west to east throughout the day on Tuesday. In general, total amounts of 50 to 80 mm rain are anticipated, but locally higher amounts are possible as some embedded thunderstorms are expected to accompany the system. Heavy downpours can cause flash floods and water pooling on roads. Rainfall Warnings are issued when significant rainfall is expected. Environment Canada meteorologists will update alerts as required. Please monitor local media or Weatheradio. To report severe weather, send an email to storm@ec.gc.ca or tweet reports to #SKStorm.

[cottonpicken]

It's ****in god damn hem erage against the whole damn commoditie complex supply demand supply demand look at the big picture. ....its a god damn sell off

[TOM4CWB]

Markets doing what markets do... they go up... then they go down!!!

By Anthony Greder
DTN News Editor
and
Emily Unglesbee
DTN Staff Reporter


(DTN photo illustration by Nick Scalise)
OMAHA (DTN) -- The overall condition of the U.S. corn crop this past week was up 1 percentage point from the previous week while soybean conditions were unchanged, according to USDA's weekly Crop Progress and Conditions report. Both crops were developing at a near-average pace.

The nation's corn crop was rated 70% in good-to-excellent condition as of Sunday, July 26, up 1 percentage point from 69% good to excellent the previous week. Corn silking was at 78%, 1 percentage point ahead of the average pace of 77%. Fourteen percent of corn was in the dough stage, slightly behind the five-year average of 17%.

"NASS' weekly crop condition ratings (as of Sunday, July 26) resulted in a DTN National Crop Condition Index of 167 points. This was up 1 point from the previous week yet 17 points below the same week last year," said DTN Senior Analyst Darin Newsom. "This week's reports could be viewed as neutral-to-bearish for corn."

Soybean conditions, at 62% good to excellent, were unchanged from the previous week. Soybeans blooming were at 71%, near the average of 72%. Soybeans setting pods were 34%, ahead of the five-year average of 31%.

"NASS' weekly crop condition ratings resulted in a DTN National Crop Condition Index of 150 points, up 1 point the previous week and 24 points below the same week last year," Newsom said. "This week's reports could be viewed as neutral-to-bearish for soybeans."

Winter wheat harvest was reported at 85% completed as of Sunday, ahead of the five-year average of 80%. As for spring wheat, NASS pegged the crop at 2% harvested, 3 percentage points behind the five-year average pace but slightly ahead of last year's 1%.

"Overall, the wheat numbers could be viewed as neutral-to-bearish," Newsom said."

[ado089]

I agree with cotton. I don't think the crop outlook has gotten meaningfully better anywhere. The damage may have been halted but what's done is done. This is a China story. Down 30% over the last couple of months and 8.5% today. There seems to be a flight to treasuries again. There are a lot of cracks in the foundation of this so called recovery from real estate to high risk oil. The shit is hitting the fan and central banks don't have any shovels left to clean up.

[Ache4Acres]

It's going to get ugly out there.

So...what about those chickens? I'll have to learn to sharpen my axe

[riders2010]

Just buy a bigger gun you ll have all the chicken you want. Cause that's what a gonna happen if things ever get that bad. Lol

[sumdumguy]

Can chickens swim?

[ag-boy]

watch your language cottenpick !!!!!