cwb final??????

[malleefarmer]

two days ago the market wheat market was
i think 32 cents about a hour from the
close yet it closed down was it 22 or
something, funds can move markets in
whatever way they like.
higher highs lower lows thats the fact of
markets today

[hobbyfrmr]

Like Mr. Myagi line from Karate Kid.

After when?

AFTER AFTER !

[hedgehog]

if i could find my diary from 1996, droughted wheat went crazy on cbot in april, till rain hit sometime in may, then it just shot down the gurgler.
stayed there ten yrs

[charliep]

My favorite expression on Agriville in the last few years is "grain prices take the esculator up and the elevator down".

[errolanderson]

Bernanke stated yesterday that QE3 is
coming off the table in 2013.

Finally, some logic is entering the U.S.
Fed. QE3 (IMO) may be known in history
as somewhat of a disaster. The U.S. Fed
money printing belly is almost as big as
the U.S. GDP . . . good grief.

This may make gold buffs sweat as
government induced inflation push won't
be there to prob up prices artificially.

[burnt]

While the prices might have been suppressed to some extent, we seem to have overlooked how much grain values were boosted by misguided government policy in the form of biofuels subsidies.

I would venture a guess that those subsidies did more to inflate prices than any subsequent meddling might have hurt them. Because those subsidies created the voracious appetite for grains that resulted in the run-up in commodity prices across the board for the past two years.

So, what is the "true" value?

And how high would prices have to go before some are satisfied? We have had lots of excellent opportunities to price crops at record high values. If you didn't take advantage of them, then who is to blame?

[hobbyfrmr]

Thank you Errol, while occupying myself going
sour, I had already lost track of where I could
gather information to help me make a rational
marketing decision.

[TOM4CWB]

errol;

You bought the Bernanke line?

If US spends at home... work WILL get done...

Oil is already up... EU needs it high as anyone.

LOW interest rates are the most likely outcome of all
this... QE3 infinity is now hohum... so much money
printed anyway... can't raise interest... JUST like Bk of
JPN.

US cash is still king.... anywhere on the planet.

I am Very happy that the prices were as high as they
were...

Cheers!

[Burbert]

F'n grain prices is still good. Sell the
f'n shit as fast as ya can! Do not wait
fer more, it ain't gonna happen.......
Get the cheque and run, race, ta the bank
and casher, grab some brews on the way
home and enjoy........ Heil Harper

[Oliver88]

I talked to CWB at their booth at the crop
production show. They mentioned the final
payment for 2011-2012 will be around the
beginning of February.