Grain price drop

[Partners]

With crashing prices soon will be at crop insurance numbers.
Farmers with mega hail damage will not be left far behind..
When will it stop?
Is anyone pricing at current numbers before it goes even lower?
Anyone who priced a few months ago will be smiling a bit..
Put targets in for 10 buck malt, 8.75 feed..

[Goodtime]

Not panicking, the bushels aren't there, prices will rise, maybe not to $28 canola and $10.50 oats but I still think it will be decent. Will use line of credit and wait the vultures out.

[jdg364]

High prices cure high prices.. Saying that I don’t know how much lower prices can go ($4 oats, $6 fd barley, 17.50 cnl). With the costs we producers have into this crop, we are getting closer to the break even mark.

Hopefully the bushels are there to make it a profitable year.

[Partners]

Viterra oats.$4.33...fd bly 5.66..
No wonder their plant is empty..

[WiltonRanch]

Viterra oats.$4.33...fd bly 5.66..
No wonder their plant is empty..

Screw em. Let it sit empty. Think there’ll be lots of oats around. Lots of fields around here. Barley is the one you don’t see much of. That’s my myopic view.

[Sodbuster]

Might be a tuff year for malt barley, in our area most is lodged terribly and will require a good dose of glyphosate before we go in there with our crop lifters to harvest.

[fcr]

Sawfly is raising hell on wheat fields here.Swathing full bore trying to save whats there.Guys with no swather paying 18/ac for custom work

[shtferbrains]

Lots of oats near here but just an odd barley or peas.
The oats will go first with lots contracted at better prices. Just some green tillers showing but mostly looking ripe in some fields.
Also some green like July.
More wheat than there has been recently. If it stays hot some might get sprayed next week.
Canola looks mostly good but green.
Went south of Tisdale on hiway 35 last week. Saw one place about 10 mi of all Canola on both sides of the road in full flower for as far as you could see.
Some years in August when the days get shorter and the weather cools that stuff just stops maturing and sits there for weeks.

[furrowtickler]

Russia claims huge wheat crop, however.......

https://youtu.be/Gl3w2Wiu1CQ

One thing possible as well, the market is trying to drop crop prices as much as possible to control food prices around the world. " A starving Nation is dangerous" look at Sri Lanka, other nations are watching that gong show.

a lot of manipulation going on in crop markets

[SmallTimeOperator]

Sawfly is raising hell on wheat fields here.Swathing full bore trying to save whats there.Guys with no swather paying 18/ac for custom work

What general area?