Things to Watch This Week

[charliep]

What factors will you be following this week that will impact your marketing strategy?

I will be watching the equity markets and the US governments attempts to get their economy back on track. Interest rates coming as a stimulus to the economy?

[charliep]

Here are some quotes on barley from this week's farm and ranch guide.

http://www.farmandranchguide.com/articles/2008/01/18/ag_news/markets/mark15.txt

Quote: "Barley markets continue to surge upward

By DALE HILDEBRANT, Farm & Ranch Guide
Thursday, January 17, 2008 5:19 PM CST

Buoyed by the lack of movement and steady demand, prices for both feed and malting barley classes continued their upward trend, with malting barley topping the $6 figure at several elevators and feed barley prices in excess of $5.50 on several elevator price boards." End quote.

Quote: "Brag also noted that new crop contracts for feed barley for the elevators are now coming out in the $4.75 to $4.80 range, which would translate into a $4.50 bid for farmers, when just a few weeks ago the elevator bids were in the $4.25 area. And some of the offerings for new crop malting barley have been over $6 according to Brag." End quote.

[cottonpicken]

Alls i can say is o my god,can you believe what is happening at this very moment?

[cottonpicken]

This week will be remembered forever!

[wedino]

Buying opportunity? or wait for lower prices?

[charliep]

Advice extreme caution in trading this market. Not for the faint of heart or thin wallets. Last weeks limit up and limit down the same day is a good indication of what is coming this spring.

My focus would be on getting the 2007 crop converted into cash. Given what we know today, would be a little slower new crop but that has to be placed in the context of a farm's market/financial plan.

[cottonpicken]

There is a lot more bottom to come i think.

I cant wait to see where all this money is going to go.

[Zaphod]

I don't think it's a given that all the equity money is going to flow into commodities, especially ag. It might, but it's certainly not a sure thing. I would be interested to see some history about how the money flowed when the stock market has melted down in the past. I'm guessing a bunch went into gold, but don't know for sure.

[cottonpicken]

Dow futures down 500 points.

Its going to be a late night.

[Hopperbin]

Canola down