Markets today ....

[furrowtickler]

Slowly realizing how fudged the USDA report was .
Let’s hope we get out of the bottom now

[LouiseCarduner]

Slowly realizing how fudged the USDA report was .
Let’s hope we get out of the bottom now

Is there a particular grain that you are watching?

[furrowtickler]

Is there a particular grain that you are watching?

Ummm all of them lol
But corn should lead markets when reality hits home
I don’t expect huge gains in anything at all given the current political climate but hopefully lows are in for all
Either that or if they drift lower the entire Ag industry in Canada will be in even more trouble shortly

[farmaholic]

Phone around and see what peas are worth.
The political affects are bad enough, then suppressed harvest prices on top of that. Harvest hasn't even begun in earnest.
Suppressed prices because they have to be or because they want to?

Wheat prices in texts are ****en dismal.

Prices are crap without taking quality into account.

[furrowtickler]

Phone around and see what peas are worth.
The political affects are bad enough, then suppressed harvest prices on top of that. Harvest hasn't even begun in earnest.
Suppressed prices because they have to be or because they want to?

Wheat prices in texts are ****en dismal.

Prices are crap without taking quality into account.

Absolutely agree , it’s a ***in joke right now
But I do believe it will get better , but S-l-o-w-l-y

[furrowtickler]

Is there a particular grain that you are watching?

Actually there is one crop we grow that has ignored all the b/S , and its price is stable . If we get 8-10 more days frost free it will double the net of all others we grow .

[furrowtickler]

What is ridiculous is the fact that some contacted CPS wheat is worth $.60 more than #1 HRSW currently...... that is absolutely f-u-k-i-n bizarre.
Sorry Agriville for swearing but it shows how screwed up everything is right now

[farmaholic]

These describe grain buyers this time of year.

[Bowerpower]

Nothing new. Never any decent cash bids at harvest. Either presell or store it. And there was 7.40 new crop cwrs bids too at one point. Just saying
But yes prices are terrible. Hopefully the bottoms in.

[Partners]

Viterra special today for canola..$9.60..woopee..
Regular price $9.30...
If it freezes big jump..
If all makes it..8 bucks...

[farmaholic]

Sold green peas for $12 Feb 21/19.
Delivered April 24/19
Even tried to find them some more or gave them leads.
There were very little out there. Pipeline was probably empty.
Harvest has barely begun.
My peas are off.
They say no one wants them and buyers are sitting tight.
They think lots got planted, should be ample supply.
Best bids $8.00...."2/3" of their peak price?
And don't justify it as a good bid by telling me how bad yellow pea prices are!
Called someone who called me earlier(July 3/19) who said they were at $8.50 for fall.
Now $8.00? Next time they call I will want a buck a bushel more.
As my neighbour's peas lay in a swath potentially sprouting and sun bleaching anything on top of the swath or still standing.
ps....I don't HAVE to sell. I guess I need storage in case for a bumper crop to prevent fall gouging.

Hate tying up bins that aren't full.

Yup, nothing new.

[Bowerpower]

Old timer told me you should have enough storage for two crops. He may be right considering how long it might take for commodities to rebound. I wonder how many canola cash advances I need to cash flow that.

[farmaholic]

Old timer told me you should have enough storage for two crops. He may be right considering how long it might take for commodities to rebound. I wonder how many canola cash advances I need to cash flow that.

....then maybe GrainCos and buyers should have enough storage to take immediate delivery( or as soon as it's available for delivery) of everything they contracted, instead of storing it at our expense and risk on our farms when it was priced weeks or months in advance!

[Herc]

Fert going up, grain prices going down, and my patience wearing thin.....nobody to blame but myself, shoulda been a crooked politician.....

[farmaholic]

Fert going up, grain prices going down, and my patience wearing thin.....nobody to blame but myself, shoulda been a crooked politician.....

Speaking of fert, will anyone store all the fertilizer you bought up to 9 months in advance of when you need it?
The big push now is to buy and take delivery of fert in July/Aug/Sept.

So now you can tie up potential grain storage with "cheap"(cough-gag-puke) fert and take shit fall grain prices you don't have room to store