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Sell barley, or sell a little of each?

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  • foragefarmer
    Senior Member
    • Mar 2014
    • 3511

    #11
    Lock the bins till spring then start marketing your inventory along with purchasing your fertilizer at the same time.

    Should work out.

    Comment

    • Partners
      Senior Member
      • May 2010
      • 3105

      #12
      Originally posted by caseih View Post
      until theres another train 2 weeks from now
      Who knows?
      All bly went malt in this area.
      Unusual..
      In contrast.
      RP wadena at 7.80.
      Last edited by Partners; Oct 13, 2022, 08:51.

      Comment

      • wmoebis
        Senior Member
        • Aug 1999
        • 2653

        #13
        Originally posted by Partners View Post
        $9.00 malt at viterra wadena.
        Today only.
        Train coming..need malt.
        They added 75 cents a bushel..
        Seems the best way to get a few pennies more..
        Need more empty trains for all grains.
        No more malt trains till new yr.
        Who knows about price then?
        Malt marketing sure must have changed over the years. Used to be that you had to sign a malt contract with the grain company before they would even look at your barley for selection. Then if they accepted it you had to haul when they wanted. You might get to deliver right away 6 - 8 months or never.

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        • Sheepwheat
          Senior Member
          • Jun 2017
          • 3137

          #14
          Half the barley pays for your fertilizer? Leaves you with the other half and all the other crops still?

          Forgive me, but are you jesting in good fun?

          Yes, sell half your barley.

          Comment

          • flea beetle
            Senior Member
            • Jun 2019
            • 1287

            #15
            Originally posted by crusher View Post
            Most farmers are finished harvest and have managed their inventories to minimize the need to sell. Many are going into the "lock the bin" mode and bids are coming up on a few commodities. Wouldn't surprise me if bids tapered off from now until the new year, look what's happening to wheat futures. Lots of pluses for you to sell some barley and buy fertilizer. If you think fertilizer price might come down, it's only because the whole complex is sliding.
            Yes I agree. Was going to unload a bit of wheat, but looking like potential for a rally is pretty good on wheat. Barley sale or an advance looks more tempting.

            Comment

            • flea beetle
              Senior Member
              • Jun 2019
              • 1287

              #16
              Originally posted by Sheepwheat View Post
              Half the barley pays for your fertilizer? Leaves you with the other half and all the other crops still?

              Forgive me, but are you jesting in good fun?

              Yes, sell half your barley.
              Lol full on serious here. Canola and wheat look to have potential into the new year. I think you are right on selling the barley.

              Comment

              • wmoebis
                Senior Member
                • Aug 1999
                • 2653

                #17
                Originally posted by flea beetle View Post
                Yes I agree. Was going to unload a bit of wheat, but looking like potential for a rally is pretty good on wheat. Barley sale or an advance looks more tempting.
                Nice that Trudeau increased interest free cash advance up to $250,000 for farmers. Gives a lot more wiggle room.

                Comment

                • Guest

                  #18
                  Originally posted by wmoebis View Post
                  Malt marketing sure must have changed over the years. Used to be that you had to sign a malt contract with the grain company before they would even look at your barley for selection. Then if they accepted it you had to haul when they wanted. You might get to deliver right away 6 - 8 months or never.
                  And then find out two weeks later it was feed
                  That’s why it’s easy now cause most said piss on malt

                  Comment

                  • Sheepwheat
                    Senior Member
                    • Jun 2017
                    • 3137

                    #19
                    Originally posted by flea beetle View Post
                    Lol full on serious here. Canola and wheat look to have potential into the new year. I think you are right on selling the barley.
                    I’ve been wrong many times. But 9 dollars for half of your barley is pretty darn grand place to start.

                    Comment

                    • Partners
                      Senior Member
                      • May 2010
                      • 3105

                      #20
                      Viterra issues $$$ soon as it's dumped.
                      RP does a germ test.1 week later $$$.

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