General Discussion Undecided where to post - do it here. |
Reply to Thread New Thread |
![]() |
#23 |
|
|
![]() |
![]() |
#24 |
|
Sure tried that, Dunno? maybe I'm not updated to the latest bug. http://www.farms.com/Commentaries/co...012-53750.aspx |
![]() |
![]() |
#25 |
|
I'll give you this link, but all the picks are for an atv. Text is there though. |
![]() |
![]() |
#26 |
|
If farmers sold most of their grain forward in the winter/spring, like 50%-85% of expected harvest, they deserve to lose their asses. Of course they have to contract crops all throughout the season, it's not like they can show up at the elevator and just take whatever the price it is that day! The only upside to a farmer on a really really bad crop is they won't be spending money and fuel on harvest. |
![]() |
![]() |
#27 |
|
Of course they have to contract crops all throughout the season, it's not like they can show up at the elevator and just take whatever the price it is that day! The ones truly screwed are the livestock producers. They are held hostage to CBOT numbers and auction prices. Doesn't matter what their inputs are they are basically screwed when it comes time to sell. |
![]() |
![]() |
#28 |
|
|
![]() |
![]() |
#29 |
|
The ones truly screwed are the livestock producers. They are held hostage to CBOT numbers and auction prices. Doesn't matter what their inputs are they are basically screwed when it comes time to sell. You are correct--the farmer CAN wait until delivery to sell. But most of them are trying to get an "average" price per bushel and contract some on the way up. (just like buying another commodity I can think of.) Of course, region and many other factors play a part in all this. One of the bigger problems of waiting until harvest to sell is you now have the South American crop forecast factoring into the price. I haven't looked at historicals, but not contracting grain is almost unheard of from where I came from. As far as livestock producers being screwed . . . they have the same issues. Somebody else sets the price of their inputs, and somebody else set the price they get for their livestock. And by the way, most livestock operations, hedge their production the exact same way as grain farmers. |
![]() |
![]() |
#31 |
|
|
![]() |
![]() |
#32 |
|
Got mine chopped and piled today. But it's KS, so it's not like I expected a big yield anyway. Around here, corn is just something to play with. We plant a few acres hoping to make it big but expecting it to go in the silo. "Never plant more corn than you can feed your cattle." It's really a great crop - worst case, you get some fairly inexpensive feed, and best case you get a nice cash grain crop.
High nitrate corn can be fed as silage. You just need to mix it with something to dilute the nitrates to a safe level. |
![]() |
![]() |
#33 |
|
|
![]() |
![]() |
#34 |
|
This is for Nebraska irrigators that pull water out of rivers and streams. Not the well types, so far...
Still can't be good for yields with high temps this week.State orders irrigators to stop pumping water More than 1,000 irrigators across Nebraska have been ordered by the state to stop pumping from rivers and streams until drought conditions improve. As of Friday, the Nebraska Department of Natural Resources issued 1,106 shut-off notices to farmers and ranchers in every river basin in the state with the exception of the Little Blue in southeast Nebraska and smaller tributaries along the Missouri River. rest at link. |
![]() |
![]() |
#35 |
|
Using cached google to read the article. FT requires registration.
Comparison of 08 to today's run up is a joke. That was when all commodities were exploding on the heals of Fannie, Freddie and AIG blowing up. 149 WTI then too. Then everything crashed in late fall. Food crisis fears as US corn soars |
![]() |
![]() |
#36 |
|
I could see how this would put pressure on some of the "Free" Trade Agreements.
If there is a plus side, that would be it & all. The current meme you hear from the bankers is for emerging markets to open their doors. (protectionistas no more) Food trade helps them do that. |
![]() |
![]() |
#37 |
|
|
![]() |
![]() |
#39 |
|
Southern MN has had a lot of rain in May and June so anyone who got their corn in early will get about 100 bu/acre. If they get another 2-3 inches in the next 2 weeks that will raise the yield to average which is about 140-150 bu/acre. I believe MN is 4th in corn production after IA, IL and NB. The southern 3rd of the state is half corn half soybeans, not much else is grown here.
|
![]() |
Reply to Thread New Thread |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|