CancelPost Comment

mark guildenzoph 07/12/2013 @ 10:46am Well 20+ cents down is not showing signs of a continued rally. I sold 7 dollar corn in may and 16dollar soybeans in April so I would say that this market is terrible. Late planting and weather issues all over the corn belt makes me believe that this will also be a poor harvest. However every time a report comes out it seems it doesn't matter what the crops are doing everything is speculation. There is no reason for the rally except that the prices should have never fallen this low to begin with. It will be hard to break even with prices this bad its a good thing no one I know even has any grain to sell. With the stock piles thinning hold on to your hats because I for see a lot of disappointed farmers with the conditions of the crops for this harvest.

Report Abuse Reply
MORE FROM ROY SMITH more +

SoyRoy: Harvest and Baseball By: 10/20/2014 @ 7:06am Those of us who mark our age as more than three score and 10 years remember what we were doing…

Market's 'Dead Cat Bounce'… By: 10/10/2014 @ 8:48am For those of us who watch for the 'dead cat bounce' to sell cash soybeans, the time has…

SoyRoy: Time To Track Basis Prices By: 10/03/2014 @ 2:37pm The first week of October is, to me, one of the most exciting times of the year. There are several…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Are We In a Climate Change?