Markets got the shits up

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Markets got the shits up

Nov 27, 2017 | 16:44 1 Whats the issue now.
Market thinking non freindly usda report this week?
Poor exports?
More wheat in the world than thought?

Australian harvest a bit like canadian harvest has exceeded all expectations super dry in many areas but still pulling of average or just below average crops no train wrecks it seems.

Farmers worldwide are getting better at growing more grain on less rain.

Reading the wire pre empting usda production projection report or whatever its called are suggesting growers will plant more wheat hmmm go figure??

Australia i would imagine huge huge increase in canola acres over pulse crops so lentils may rebound to a degree.

Interesting feed barley prices are strong here i think 30% less feed barley was planted along with a dryish year market has responded thats actually how markets are meant to work with no distortion.

End of gibberish from me today cheers Reply With Quote
Nov 27, 2017 | 17:00 2 Feed barley seems to have gained 50 cents per bushel in the last few weeks. Reply With Quote
Nov 27, 2017 | 17:31 3 Farmers have year end things to buy and pay trade knows that, but the thieves don’t want to give us an early Christmas gift. Reply With Quote
Nov 27, 2017 | 18:46 4 Our feed barley is about $52 above same time last year Reply With Quote
BFW
Nov 27, 2017 | 19:37 5
Quote Originally Posted by malleefarmer View Post
Our feed barley is about $52 above same time last year
My oldest son has been in Australia the past year working for Graincorp and has told me about the situation there. How will this impact cattlefeeding and cattle prices there? Reply With Quote