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Maybe get ready to have some fun.

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  • bucket
    Senior Member
    • Jan 2008
    • 17035

    #11
    Covering some expenses can't be a bad thing.

    There is also the threat of normal production quickly dropping prices.

    I remember a 8 dollar canola contract that by the fall canola was trading in the sub 6 range.

    Comment

    • SASKFARMER3
      Senior Member
      • Feb 2006
      • 14485

      #12
      No that IRS but waiting for a run vs today's price.

      Comment

      • SASKFARMER3
        Senior Member
        • Feb 2006
        • 14485

        #13
        No that IRS but waiting for a run vs today's price.

        Comment

        • hedgehog
          Senior Member
          • Oct 2009
          • 619

          #14
          if no farmers sold forward, the trade would crap themselves, and we might get real values.

          Comment

          • bucket
            Senior Member
            • Jan 2008
            • 17035

            #15
            SF3

            Could you translate that last comment, I can't make sense of it.

            Comment

            • ColevilleH2S
              Senior Member
              • May 2007
              • 1659

              #16
              Yes SF3 translate. Are you talking this IRS?

              <img src="http://4.bp.blogspot.com/-8ln3_igAN0w/UCUPo1BX3fI/AAAAAAAAAG8/8sOmA6ENpXk/s320/IRS%5B1%5D.jpg" height="320" width="256">

              Comment

              • charliep
                Senior Member
                • Oct 2000
                • 9002

                #17
                Also curious about your comments on US farmers sweeping the bins clean. US corn and wheat exports can best be described as slow and behind forecast. Part of the reason corn and wheat are stuck in a trading range. Soybeans are another matter - well above expected levels with the need to slow.

                Russian and the Ukraine are old news. They were going to put on the brakes - the only question was when.

                Southern hemisphere/Argentina is a bit newer. Not good wheat/barley (malt competitor) but does improve prospects for soybeans (they have a wide seeding date window).

                Comment

                • SASKFARMER3
                  Senior Member
                  • Feb 2006
                  • 14485

                  #18
                  Spell check. I ment to say that works if you need a
                  certain amount of cash in fall.

                  Comment

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