Am I a dumb F#%K

[malleefarmer]

They bought the ****ing barley we didnt force em to.
Its really out of hand here in oz guys could hardly get a offer today.
For Fs sake our sheep cows pigs etc here in oz need feeding all of a sudden no demand for barley because of something that happens in the slopes of asia.

Just cant get me head around it ****it moving to canada

China Tenders for barley. Multi country origin. Tenders usually differ from $8 to 12 USD top to bottom. China announces winning tender. Grain is shipped and delivered. How is this dumping and undercutting local suppliers?

[malleefarmer]

And while im in a shit of a mood playing devils advocate.

Has the price of barley in western canada suddenly risen so you guys can fill the void in china left by australia pigs arse.

[hobbyfrmr]

One of the most successful strategies for almost 30 years has been for buyers to increase the grain price by $0.50 per bushel, wait a week, then drop the price $0.75 per bushel then the farmers sell.
The big supply/delivery push then triggers a “stop selling” lower price signal in which more bins open up and more grain gets delivered at an even lower price.

[farmaholic]

One of the most successful strategies for almost 30 years has been for buyers to increase the grain price by $0.50 per bushel, wait a week, then drop the price $0.75 per bushel then the farmers sell.
The big supply/delivery push then triggers a “stop selling” lower price signal in which more bins open up and more grain gets delivered at an even lower price.

I was thinking about that scenario with canola the other day. It creates a sense of urgency and panic. Psychological. Better sell the canola when the price "recovers" to $10.50 instead of waiting for $11-12.

I guess you risk the price not recovering to where it was or going higher than it "was".

If we were talking about $12 canola slipping it would be a different story(IMO) but I don't "feel"(emotional marketing) canola prices have reached their full potential yet this marketing year.

Paper anyone?

[ajl]

Well if they won't sell on the way up, maybe they will on the way down, as noted, has been a time honored buying strategy. Movin to Canuskistan will give you a whole new set of headaches. Barley around here is worth $210 per tonne which is no where near some to the prices the OP has quoted.

[mcfarms]

https://www.graincentral.com/markets/chinas-probe-into-australian-barley-pricing-has-echoes-of-us-sorghum/ https://www.graincentral.com/markets/chinas-probe-into-australian-barley-pricing-has-echoes-of-us-sorghum/

A good article on this here.

[farmaholic]

https://www.graincentral.com/markets/chinas-probe-into-australian-barley-pricing-has-echoes-of-us-sorghum/ https://www.graincentral.com/markets/chinas-probe-into-australian-barley-pricing-has-echoes-of-us-sorghum/

A good article on this here.

A good read indeed.

What a refreshing break for a commodity forum to actually post something related to marketing other than the endless tirades on climate change.

[Sheepwheat]

Well if they won't sell on the way up, maybe they will on the way down, as noted, has been a time honored buying strategy. Movin to Canuskistan will give you a whole new set of headaches. Barley around here is worth $210 per tonne which is no where near some to the prices the OP has quoted.

And sheep wool prices that barely pay for the shearing.

[blackpowder]

Malt barley still in the $5.50 range here I believe.

[malleefarmer]

Apologies guys was effed off yesterday.

But annoying saying we undercut the market some of this dates back to 2014 why didnt they raise it then.