CWB and complaining

[thegrainguy]

Cotton

You never stated any thoughts of where you see prices. I was brave enough to say where I thought they would be.

Come on give it a shot

[cottonpicken]

I can tell you just started reading this site.I'm well on the record for my projections.I'll post them later tonight.Wifes about to get home and my 2 kids just trashed the house so i got work to do.

[thegrainguy]

LOL

Take care cotton. Good talking with you today

[cottonpicken]

Ive got:
canola=11.50-16.50
barley=3.50-5.50
spring wheat=7.00-11.00

Near the end of 07 or start of 08 we'll have a small pullback and then sideways trade for a significant period before our next leg up.

If were lower than these numbers i'll be surprised.If were higher i wont be.

Its our turn.

[caseman]

Where do you get the info to back these figures up??

$16 canola????? good luck!

$11 wheat come on!!!

I hope you are right but we all have
to face reality and hope for $8.50-
$9.50 canola. Wheat $5 to $6.

[nw9flynn]

I'll be realistic...
peas $5/bu, canola 8.50-9.00/bu, wheat 4.50-5.oo/bu Minn, LGL .18/lb#1, RL 14.5/lb.
these are all based on avg. yields.

[nw9flynn]

Actually CottenPicken is right I do agree with him also. I do a significant amount of trading, and not saying that those prices will happen, but no question the makings are there to break old highs set 11 years ago.

[bgmb]

Cotton
I Hope your prices come to pass however with current forward prices for next September we can lock in $60-70/acre margins @ average yields. I think it's smart to get 40% done.

[cottonpicken]

Info to back this up
things we all know:
-very tight global grain stocks
-gargantuan ethanol,bio-diesel industry firing up
-high cost of production
-systemic global weather problems
-massive growing chindia demand factor
-23 year bear market in ag
Things you might not know:
-massive foriegn currency reserves
-massive global m3 growth
-other commoditie price explosion
-major dollar depreciation factor
-war factor
-ocean protein factor
-derivatives
-oil factor
-hedge funds
-investment analysts

Snappy what are you into?Are you tracking other commodities?

[ado089]

thegrainguy

You should care about what is happening with the CWB. The fact that you don't, working for the largest grain handler in W.Canada, shows that you and your company are in a win-win sitution with this scenario. There in lies the problem, who's losing? I can take a guess...

[thegrainguy]

I new as soon as I stated that we dont care, I would get a response. It took a little longer that I expected.

Anyway, it is not that we dont care, it is that this debate has been going on for a long time.

We just wish all the talking would stop and get some actions. You are not going to sway anyones postion so the talking is just wasted breath.

[wmoebis]

thegrainguy

does your grain company feel that they can/will get more money back into the producers pocket on (board) grains than what the board is now?

If so how? Is the price out there on world markets?

When we get these kinds of real answers and comitments from grain industry only then can we all make a true commitment to issue and put it to bed.