Barley shortage

[the big wheel]

Why $10? . . . . $8/bu barley isn't good enough? But hey, go for it.

Remember, current domestic barley prices don't make a lick-of-sense feeding cattle. And the export market is stalled. Bargaining demand is shifting . . . .

I m not taking about myself but why 10?
Because some have already got 10 it’s a mind thing
And with yields at 20 and 30 you need 15 to
Make it work. That’s why. And no programs to
Help out.

[the big wheel]

With all due respect Errol your sounding
Like many of rhe analysts that are looking at only one
The price side of rhe equation for farmers.
These aren’t high prices with a crap crop.
And the vultures are swirling nutrien fcc banks
Etc etc. There’s a shitstorm coming like rhe province
Hasn’t seen for quite some time.

[LWeber]

I m not taking about myself but why 10?
Because some have already got 10 it’s a mind thing
And with yields at 20 and 30 you need 15 to
Make it work. That’s why. And no programs to
Help out.

Math must be hard ...
So what if 1 MMT of corn is booked into feedlot alley
Barley production is off 4 MMT

No programs to help out...Try explaining that to the check off people that won't question Gov't and did f all when Agri- instability was decimated

[Livewire]

I and many others have sold barley or I should say have given it away for such a ridiculously low price that none of us should feel the least amount of guilt for getting 8 or even 10 now. I’m talking about all that was sold for $1 to $2/bus. I know I could use quite a few sales at $8 to average up

Yes I know it cost less to grow it then but the way costs are increasing maybe in the future we’ll need $6 or $8 to make it feasible.

And for you grain marketing “experts” on here who don’t farm but are full of wisdom about grain prices. I have a question for you. What kinds of jobs did you do to subsidize your income like farmers have had to do to keep operating and providing you with cheap food????

[bucket]

I and many others have sold barley or I should say have given it away for such a ridiculously low price that none of us should feel the least amount of guilt for getting 8 or even 10 now. I’m talking about all that was sold for $1 to $2/bus. I know I could use quite a few sales at $8 to average up

Yes I know it cost less to grow it then but the way costs are increasing maybe in the future we’ll need $6 or $8 to make it feasible.

And for you grain marketing “experts” on here who don’t farm but are full of wisdom about grain prices. I have a question for you. What kinds of jobs did you do to subsidize your income like farmers have had to do to keep operating and providing you with cheap food????

That is a good question for Errol, or Neil, Or Bruce.

BTW , as of today , I don't know of one rancher with a cheque from the announcement on August 10th by the Sask government.

[sumdumguy]

You can’t feel bad for not getting the top price. Some average up in a bouyant market, then try to catch a falling knife as prices decline. Always satisfied at high offers that present every decade or so. My very cool friend sells and says, “ One can’t smell every fart”. 😂

[errolanderson]

With all due respect Errol your sounding
Like many of rhe analysts that are looking at only one
The price side of rhe equation for farmers.
These aren’t high prices with a crap crop.
And the vultures are swirling nutrien fcc banks
Etc etc. There’s a shitstorm coming like rhe province
Hasn’t seen for quite some time.

I'm just presenting the other side of the coin, which is just as important.

The marketplace will re-balance itself. Demand is actually more important than supply in any commodity market in the current global market.

[shtferbrains]

A long time ago I took a marketing coarse from 2 young guys. I think thier names were Greg and Errol. They had just lost thier job when Alberta government did a big across the board cut back.

Nobody paid for market advice in those days.
They were basicly pathfinders. Not much money in that. Probably some not so good days But they stuck around and see to be successful in the long run.

Don't shoot the messenger.
They arn't charging you.

[the big wheel]

I'm just presenting the other side of the coin, which is just as important.

The marketplace will re-balance itself. Demand is actually more important than supply in any commodity market in the current global market.

As I said we are both likely correct. If there
Is no supply in markets that are established
To be wanted and needed pretty sure that helps
Price and more so controls price in times like these
Animals have to be fed everyday there is no
Other option to that short term.

The marketplace will rebalance itself……..is that kinda
Like the economy will take care of itself? Lol omg
Truduea was right? Lol the market is so distorted
By American and other country subsidies also this
Has created more problems for us here in Canada
As we virtually have nothing for subsidies comparatively.
We just have a big lie Agristsbility and as I have shown
A flawed crop insurance. Which are only good
When you have good runs of weather. But
Are a disaster themselves when you get into
Multi year problems. For one thing premiums
Should be higher for higher coverage but it’s
The opposite for crop insurance. It’s bizarre. When
We had better runs of weather I was able to pay
More for better coverage and didn’t mind
By here we are hammered by. I crop no coverage
And a higher premium than guys who have
Way higher coverage how dumb is that? Thinking
Has to change this is t just like auto insurance
This is livelihood insurance. Supposed to be
Stabilizing when in fact it has become more
If a burden than good.

What a lot of people are missing is rhe drastic
Rise in costs for all farmers grain and cattle therefore
There has to be an established new level of acceptance
Of our prices For our product.

[errolanderson]

China's corn buying binge appears rapidly slowing. China is now expecting a bumper crop as farmers there hiked corn plantings sharply. USDA expectations of China purchasing 26 million MT this year is likely too high (IMO).

Translation . . . no shortage of U.S. corn through the 2021-22 crop year. Corn futures remain under pressure.