Could be interesting Monday in grain markets

[LWeber]

everyone knew the black sea deal was a ticking time bomb. prices are high but imo they have been capped for the last 3 plus weeks in preperation of "said event"... flirt with 12 bucks fall to 11.30 back to flirting with twelve. They knew we knew everyone knew... had to keep the cat in the bag on the price so to speak for the eventuall escalation or expired black sea deal... which in a free world market haha should cause prices to 🚀

Food shortages being blamed on farmers and climate change.
That's right up there with *** generates a premium





October 13, 2012: UN warns of looming worldwide food crisis in 2013 - World grain reserves are so dangerously low that severe weather in the United States or other food-exporting countries could trigger a major hunger crisis next year, the United Nations has warned. Failing harvests in the US, Ukraine and other countries this year have eroded reserves to their lowest level since 1974. The US, which has experienced record heatwaves and droughts in 2012, now holds in reserve a historically low 6.5% of the maize that it expects to consume in the next year, says the UN. "We've not been producing as much as we are consuming. That is why stocks are being run down. Supplies are now very tight across the world and reserves are at a very low level, leaving no room for unexpected events next year," said Abdolreza Abbassian, a senior economist with the UN Food and Agriculture Organization (FAO). With food consumption exceeding the amount grown for six of the past 11 years, countries have run down reserves from an average of 107 days of consumption 10 years ago to under 74 days recently. (THE GUARDIAN)

[sumdumguy]

Starvation during a cold winter, sounds like just where I don’t wanna be.

[furrowtickler]

And yet in the next breath they want to punish farmers for using crop nutrients to grow as good as crops as we can .

[jazz]

Putin is playing games… with our grains… that should be abundantly obvious… seeking to get Russian grain (and stolen Ukrainian) … just like with the Natural Gas market… manipulation.

Thats not what happened Tom and you know it. Russia has held that corridor open for months under agreement and Ukrainian grain was going to Europe.

It was the US, UK and Zelensky that decided to break that pact and start sending dinghy boats and drones at russian patrol ships in the region just like they did with NSII.

I cant stand propaganda spin.

[foragefarmer]

Thats not what happened Tom and you know it. Russia has held that corridor open for months under agreement and Ukrainian grain was going to Europe.

It was the US, UK and Zelensky that decided to break that pact and start sending dinghy boats and drones at russian patrol ships in the region just like they did with NSII.

I cant stand propaganda spin.

Were you F ucken high when you posted this?

Putin invades Ukraine, blows up their port cities along the Black Sea, steals Ukraine's grain, prevents Ukraine from shipping grain for 5 months, and somehow Jazz you're able to spin it that Putin is the one who playes by the rules.

How do you convince yourself to post such B.S. on Agriville all the while backing everyone of Putin's moves?

[TOM4CWB]

Wild volatility is very likely. Our marketing agents, whom ever we choose to be partners in our farms, need to have grain to sell and or process to provide consumers with food products that they prefer.

In marketing risk management training 30 years ago… we learned that for our grain markets to rise, we needed to provide ongoing grain inventory …

Larry provides ample evidence that shortages of grain is much more about supply chain problems, than inventory shortages overall.

We have many futures tools to participate in advancing rising prices… call options can be employed when we sell our produce to supply chain providers.

Happy marketing! We are blessed with unprecedented opportunities to reduce debt and plan ahead for our next crop!
Cheers

[poorboy]

Tom are you using a brokerage or the tools provided by some of the grain companies to do your risk protection?

[biglentil]

Just like genetic modification via mRNA, tactical nuc's are in the process of being normalized for the 'greater good'.

[Guest]

And yet in the next breath they want to punish farmers for using crop nutrients to grow as good as crops as we can .

Yep , only a libtard could make sense of it
Baffles anyone with even half a brain ??

[agstar77]

Thats not what happened Tom and you know it. Russia has held that corridor open for months under agreement and Ukrainian grain was going to Europe.
Velshi.
It was the US, UK and Zelensky that decided to break that pact and start sending dinghy boats and drones at russian patrol ships in the region just like they did with NSII.

I cant stand propaganda spin.

Time is improving your comprehension level.

[TOM4CWB]

Tom are you using a brokerage or the tools provided by some of the grain companies to do your risk protection?

I do trade futures and options, yet for the least risky first 50% of historic production… cash pricing provides least cost risk management. The challenge is to market in the top 1/3 of yearly percentage of prices… profitable prices provide incentives to start early…

We just did stage one pricing on 2023 canola, basis’ is strong this year for 2023 Nexera production contracts. With premiums over $22/bu … bought fuel, some fertilizer, fall applied weed control…

Cheers we are blessed to have these opportunities!

[AlbertaFarmer5]

I just read this on twitter. Kind of aligns with what I've been saying all along that the oilseeds are at least as big a story as wheat in ukraine.
ALESSANDRO VITIELLO174/51.5
@ALESSAN31519547
Narrative on grain corridor suspension is all about prices and likelihood of limit up on wheat tonight. Let me add that this suspension will have way greater impact on Corn and Sunoil/sunmeal flow and prices due to importance of Ukraine for both in global trade #sunoil#corn

[Guest]

Unusual text from a grain company today Saturday. The Russian grain deal is dead so get your targets in for Sunday night.
Most often I don't put targets in or take advice from grain companies and this time is no different.

They’re even sending it on Sunday
Hopin to get some before the big jump

[sumdumguy]

Elevators open, buying wheat and lentils.

[TOM4CWB]

Dec 22 Spring Wheat up 32cents… nothing revolutionary

Cheers