Sounds like a reasonable deal to me!

[btjadenlepp]

it's my job to help farm clients decide whether they can or should take these deals or try to do better, which changes from farm to farm depending on their own situation.

i like the new opportunities and today's prices though. this killarney deal is better than our previously-set targets and has the contract terms we've been waiting for. it took a few months for them to come available but now i'm running low on reasons not to start forward contracting some of all types of barley at these levels. maybe the price will go higher, i can see a case for it, but the chances get pretty slim at these high levels and the downside risk of doing nothing more than i'm comfortable with.

[btjadenlepp]

by the way burbert, this kind of information is out there, there's massive amounts of it and it's often very helpful in making better selling decision. but it doesn't very often fall into your lap like this. many smart farm managers, of all sizes and political stripe, pay consultants good money to gather price and market information, sift through it, interpret it and help put it to work for them. then they see a solid return on this investment. paying someone transparently to help market all your crops is actually a lot less stressful than freaking out about losing the cwb monopoly.

[AdamSmith]

I agree,

pretty sure I will book some barley into this deal,

just want to look at the contract first and get a better handle on all the particulars,

and decide the amount, 25% or 50% or more of a low ball estimate of production or go with a more realistic anticipated production.

The barley is still a long way from the bin.