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 +

Yield Models Continue to Rise By: 07/28/2015 @ 10:42am Monday, July 27 crop conditions showed a corn and soybean crop that continues to improve in yield…

Corn Yields Rise, Beans Steady By: 07/21/2015 @ 9:27am Pro Ag correctly anticipated that corn and soybean prices were on the brink of topping last week…

A Tale of Two Crops In 2015 By: 07/14/2015 @ 7:31am The corn crop has been improving in yield potential significantly the past few weeks. As a result…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Cover Crops-How To Terminate
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]