CWB and complaining

[thegrainguy]

Sorry Lake

These are excellent prices. These prices are current market prices. There are no new crop pricing so it is a cpmplete guesstimate. These are supported by current pricing the supply needed by all import countries and current expecations by you the farmer.

I don't have any hard facts because peas are so hand to mouth it is hard to guess with no real trends to track.

[cottonpicken]

When have you ever seen oil over 70 dollars?
New highs can and will occur.
Its already happening in other commoditie sectors-daily.
Farmers i would say are the most bearish group.
A guess is a guess although some are more educated than others.

[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.