Fall 2016 price of HRS!

[farmaholic]

Would any Grain Company buy grain 16 months out? I have my doubt. Even though it's hedgible(?).

[errolanderson]

Hamloc . . . this is the beginning of a massive global bear market.

What is really scary to me is a Fed governor stating just yesterday that it is 'game-on' for the Fed to hike rates 4 times in 2016.

Ill-contrived central bank policy can be in-part the blame for this fallout. Now it is simply too late for responsible policy to have any measurement impact to reverse the current course.

Personally, I have much disgust with past kicking-the-can policies and excessive government spending

[wakopa]

Yep they buy 16 months ahead , done it .

[SASKFARMER3]

Fall price in pit guys that's what I'm looking for!

[bucket]

April 17 in Camrose probably means a September 16 delivery.

The graincos and railways make the shores hauls.

Call it in early.... farmers UT west are happy while grain sits on farms mud point sask.

It's a win win for graincos and railways.


Never being current or having spot delivery is the best case scenario for graincos.

[bucket]

I will try again. Grammar.

April 17 in Camrose probably means a September 16 delivery.

The graincos and railways make the short hauls.

Call it in early.... farmers out west are happy while grain sits on farms mud point sask.

It's a win win for graincos and railways.


Never being current or having spot delivery is the best case scenario for graincos.

[Braveheart]

Mud point Sask? Too funny!

[farmaholic]

Bucket....you must really mean it, you posted it twice and is true for some guys...

[bucket]

Good pun but not intended. I meant mid point sask.

[farming101]

Sorry, veered off a bit.

1. 6.50 a respectable place to start selling 2 13.0. Prices are off 25 cents from that now and are looking like they are set to test 10 year lows in the monthly nearest which would mean 6.00 Sept16 delivery. Perhaps a little higher if the CAD keeps dropping.

2. Opposing the above:close to record open interest in the Minn pit may indicate a break from downside price pressure. Fresh attempts to pound it down some more may not have the same results as previous. That doesn't necessarily mean price will rise.

3. Likely can't sell 16 months out without a pricing order if the buyer wants to hedge against May 17. Only 64 contracts open interest in May17 Minn

[furrowtickler]

So where can you get , or could have got $8 net in the pit for 13 pro hrsw for fall of '16?
Some good politician's on here .

[makar]

6.42 13.0 2rs sept, cargill rycroft.