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Lock in fall prices! The call came yesterday!

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  • farmaholic
    Senior Member
    • Sep 2010
    • 17488

    #11
    Tell them to put in a target and let it sit until they keep raising the price offer until you decide its enough. Opposite of what we are required to do. Tell them its a limited time offer. Limited tonnes. Your call when you're going to deliver(with in 90 days of contract specifications), even if they need it. For more money(dispatch) you will deliver early or when they call.

    Comment

    • charliep
      Senior Member
      • Oct 2000
      • 9002

      #12
      Just highlighting the ball is your court. Are willing to put forward ideas or is that 100 % the buyers responsibility? Why don't farmers take more of the same approach to way they would in negotiating price on price of equipment or a truck?

      Comment

      • cottonpicken
        Senior Member
        • Apr 2006
        • 6993

        #13
        Remember when we where talking con tango/backward and remember when it was advised on here when to sell cash because it was a no brainer and remember "ya what if this thing drags on forever".anyone remember?

        http://www.barchart.com/commodityfutures/Spring_Wheat_Futures/MW*0

        Comment

        • TOM4CWB
          Senior Member
          • Dec 2000
          • 16511

          #14
          Charlie

          We are a good rain away from making some grain we can sell.

          If the 1" show up as predicted... we will be able to fill contracts... 2" and will start some new sales for fall.

          It is truly a miracle what is out here... crops are just hanging on where there is good soil. poor soils are really a sorry looking mess.

          This is one year where the quality of dirt... and residue retained on surface to hold moisture for crops... will be the biggest swing factor in farm yield.

          Comment

          • TOM4CWB
            Senior Member
            • Dec 2000
            • 16511

            #15
            BTW,

            It is likely a good idea to check around with good neighbours before new contracting... to see how short on outstanding contracts they are... after this next week. It may be worth some good community spirit and cooperation... if done in a humble manner not to put the screws to them.

            Comment

            • farmaholic
              Senior Member
              • Sep 2010
              • 17488

              #16
              We now know its going to be bad but how bad.

              Comment

              • SASKFARMER3
                Senior Member
                • Feb 2006
                • 14485

                #17
                I told them what my numbers were for this crop year. If they want my grain that's what it will take to get my business. Like I said earlier were rounding third.
                Also if the dollar is .35 cents lower than the USA price then I want the exchange.
                Enough of the games like the last few years. Still might deliver to Alberta because if a rain don't come might be no line ups their.
                Do a back haul.
                One thing for sure the railways won't **** with eastern sask farmers like before.
                So yes pleasent but if I have the grade and volume should dictate price. Will shop around.

                Comment

                • farmaholic
                  Senior Member
                  • Sep 2010
                  • 17488

                  #18
                  We now know its going to be bad but how bad.

                  Comment

                  • ado089
                    Senior Member
                    • Aug 2004
                    • 1754

                    #19
                    I appreciate the call but don't insult me with a "special" that's 35cent lower than the competitions posted price.

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