CancelPost Comment

mark guildenzoph 02/19/2013 @ 11:49am If any of this information is correct and they do return to pre-drought prices I believe it would be economic grain market suicide!! With such a dry year and lack of returning moisture this winter in the US what makes anybody believe that there will be a crop this year?? If its advice you are all seeking the most logical move would be to buy or hold onto all your paper. I'm almost curious on how much money these profit takers would lose on a double drought? However it might level the playing fields for the everyday farmers.

Report Abuse Reply

Re: Re: 02/19/2013 @ 2:51pm Remember the cbot could care less about the farmer,they only care about the investors. If beans do go down to $11 I would assume the cbot and USDA will guarantee at least 50 bu acre beans for every farmer regardless of weather.

Report Abuse
MORE FROM RAY GRABANSKI more +

ARC For Corn, Soybeans & PLC For Wheat? By: 02/24/2015 @ 6:06am USDA gave us their annual Ag Outlook last Thursday and Friday, Feb. 19-20 and it wasn't very…

Are the Winter Doldrums Ending in the By: 02/17/2015 @ 6:33am Grains seem to be caught up in the winter doldrums, as prices are finding it difficult to move far…

Grains Tracking Oil Can Be Good and Bad By: 02/10/2015 @ 9:30am There are some eerie similarities between the recent boom in Agriculture and the boom in the…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Llamas, Commodity Classic and Photo of the Week
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]