Grain markets continue up

[sumdumguy]

Correctimundo Beaverdam, history repeats, again and again. It works the other way too. One time, long ago I bought a junky house trailer that was attracting unsavories. I then advertised it for immediate removal at a firesale price. There was no interest at all. So I raised the price to thousands and almost instantly got scads of calls. It was gone within 10 days and the buyer was happy as.......


Back to topic: It’s called shakin the trees. 😂

[redleaf]

Just did $5.75 Nov delivered

Where is that delivery point crusher ?

[Sodbuster]

And we’re off to the races again. Looking for new highs.

[furrowtickler]

Stubblejumpingcon***ius says;

"Continually raising the price often makes firm hands, even firmer.
Sometimes to free grains from firm hands "they" must lower the price, rather than raise it."

Very true statement...

We could not hold any longer , lost our grip lol .
Sold the majority of canola last week and finally made a decent deal on most remaining wheat on Monday .
Canola being hailed out already on a feb / March contract and hopefully wheat will be gone before road bans .
Good or bad we got our pricing we were looking for .
Only thing left to market is green peas and they can stay put for now .

Politics plays a big role regardless of what some say , so we went with gut feeling .
Markets may go higher later but for now many things are going on behind the scenes and that made us nervous right or wrong . Regardless, nice to have free choice to make all marketing decisions on our own terms , when we want and whatever volume we deem necessary. That’s essential in today’s grain farms .

[bucket]

Very true statement...

We could not hold any longer , lost our grip lol .
Sold the majority of canola last week and finally made a decent deal on most remaining wheat on Monday .
Canola being hailed out already on a feb / March contract and hopefully wheat will be gone before road bans .
Good or bad we got our pricing we were looking for .
Only thing left to market is green peas and they can stay put for now .

Politics plays a big role regardless of what some say , so we went with gut feeling .
Markets may go higher later but for now many things are going on behind the scenes and that made us nervous right or wrong . Regardless, nice to have free choice to make all marketing decisions on our own terms , when we want and whatever volume we deem necessary. That’s essential in today’s grain farms .

Good to hear ....any issues/excuses with your delivery point taking it in contracted time frame. ..

[sumdumguy]

Even with looney surging.

[bucket]

Even with looney surging.

How the phuck does the loonie go up when Canada just lost a wealth creator pipeline?????

[farming101]

In the twilight zone here...my feed says canola is 32.50 a tonne lower than 7 days ago

Updated: 24.50 down from 7 days ago at the close today, Jan 21. July contract
30.70 down from 7 days ago for the March contract

[jazz]

How the phuck does the loonie go up when Canada just lost a wealth creator pipeline?????

It doesnt, Biden is going to try and kill the US dollar with $1.9T debt nuke.

[crusher]

Redleaf,

Barley sold to G3 Morinville, AB. November, 21. 14.5 moisture, 50 lbs. 2% TFM

[shtferbrains]

Everybody should have G3 on thier price updates?
Set the bar currently?

[furrowtickler]

Everybody should have G3 on thier price updates?
Set the bar currently?

Have been for several months yup

[furrowtickler]

Good to hear ....any issues/excuses with your delivery point taking it in contracted time frame. ..

Not as of yet , so far been early delivery.
Hopefully wheat will be the same .

[GDR]

How the phuck does the loonie go up when Canada just lost a wealth creator pipeline?????

Is the loonie up or is the USD down?

[malleefarmer]

A new outbreak of African Swine Fever has been detected in China. The rapid recovery of their pig herd was one of the main drivers of global feed grain price. Another outbreak of ASF could reduce Chinas feed grain demand if not controlled.

Fact feed demand will drop and prices barley mostly.

Conspiracy lets pretend theres ASF slaughter a few pigs to drop price of barley its getting a bit hot.

PS im not into conspiracy stuff