India...Runaway Pulse Prices

[wmoebis]

How come when grain prices go down it is called a correction but when they go up it is a run away?

[Guest]

all i wanna know is , where is the "canola surge" that was surely coming a month ago ???? or was that just another tool in the middlemen buyers bag to pressure people to sell ? farmers need to quit listening to the horseshit and lock the bin doors , maybe go to the beach for 3 months, and sell canola when you get back .would probably be a free trip

[Daylate]

I liked buckets thought of check off dollars going into a real time supply and demand system. From on fRm to grain cos, to port to ships waiting in port to ships unloaded. All quickly available in one package. Wouldn't it be nice to make well informed decisions rather than guessing or gut feelings or psychology of everyone involved in the chain.

[riders2010]

absolutely, and how difficult would that be to do to report actual prices all the way from here right to the doorstep in india or china? not very, in fact we have a daily reporter already in Tom, except maybe report something useful for a change.

[hobbyfrmr]

Sumdum, there are a lot of farms that refuse to summerfallow because of what you described , plus mathematically, why would a farmer take good land out of production if they are paying a mortgage on it? At worst the crop would help make cash flow for the rest of the farm expenses.

Wmoebis, that is an excellent point. Market Rhetoric and semantics are enough to to keep prices in the doldrums. Throw in terms like , adequate levels, ample supply, burgeoning supply, oversupply, glut and prices stay nice and cozy in the basement.

[cottonpicken]

Do you guys that know about this stuff agree or disagree with my assumption that the world doesn't have a calorie/carb problem but a protein one?

[farmaholic]

Do you mean lack of protien in their diets!!!!

[hobbyfrmr]

Yes Cotton, the world does have a protein problem. I think farmers that can successfully grow legumes will do well in the future. You sell a higher protein grain to the world and your land gains from Nitrogen Fixation.
I think it was FJlip who had described a good rotation that included faba beans . There is a lot of potential for fababeans for the really wet farming areas of Sask.
Ultimately, politics, power struggles, violence and corruption truly stop the "feed the world" activity. It is a pity.

[Oliver88]

Fababeans sounds like an interesting crop.

I will have to evaluate the economics.