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Thursday Thoughts

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  • furrowtickler
    Senior Member
    • Dec 2004
    • 21887
    #41
    Hopefully some Devine intervention happens soon to stop the slide of crop prices and provides a lot of rain this summer
    Nervous to lock in fall prices with zero soil moisture for 3 ft .

      Comment

      • LWeber
        Senior Member
        • Nov 2007
        • 1432
        #42
        Originally posted by Braveheart View Post
        Jesus threw the money lenders out of the Temple so . . .
        The money lenders were short 796,800 tonnes of canola on Feb 07 - and today they are worshipping a golden cow...

          Comment

          • Partners
            Senior Member
            • May 2010
            • 3105
            #43
            Crop insurance prices are higher than the fall ones..
            If low on moisture, no worries..
            Prices suck..

              Comment

              • BTO780
                Senior Member
                • Nov 2021
                • 541
                #44
                Originally posted by furrowtickler View Post
                Hopefully some Devine intervention happens soon to stop the slide of crop prices and provides a lot of rain this summer
                Nervous to lock in fall prices with zero soil moisture for 3 ft .
                Viterra has .48 new crop lge green lentils .. NO AOG!
                Some are saying lentil acres could drop 10-12%
                Also, crap insurance premiums are extremely expensive from what I heard, then again they are all high.

                  Comment

                  • Partners
                    Senior Member
                    • May 2010
                    • 3105
                    #45
                    Bunge guy said zero guys pricing for the fall..

                      Comment

                      • wmoebis
                        Senior Member
                        • Aug 1999
                        • 2652
                        #46
                        Originally posted by furrowtickler View Post
                        Hopefully some Devine intervention happens soon to stop the slide of crop prices and provides a lot of rain this summer
                        Nervous to lock in fall prices with zero soil moisture for 3 ft .
                        Why lock in? You can take $250,000 interest free cash advance and up to $1M low interest (pay day loan) and sit on crop until you drive up the price. If you have crop failure we got you covered with crop ins.

                          Comment

                          • Braveheart
                            Senior Member
                            • Feb 2001
                            • 3257
                            #47
                            Originally posted by LWeber View Post
                            The money lenders were short 796,800 tonnes of canola on Feb 07 - and today they are worshipping a golden cow...
                            Hahaha. At least cattle fundamentals are strong.

                              Comment

                              • ajl
                                Senior Member
                                • May 2008
                                • 3245
                                #48
                                That did not take long. Went from shortage to burdensome surplus in no time flat. 80's redux. Oats were the canary in the coal mine. Pray it stays dry as crop insurance prices are way above the market now.

                                  Comment

                                  • furrowtickler
                                    Senior Member
                                    • Dec 2004
                                    • 21887
                                    #49
                                    Originally posted by wmoebis View Post
                                    Why lock in? You can take $250,000 interest free cash advance and up to $1M low interest (pay day loan) and sit on crop until you drive up the price. If you have crop failure we got you covered with crop ins.
                                    Drive up the price lol

                                      Comment

                                      • wmoebis
                                        Senior Member
                                        • Aug 1999
                                        • 2652
                                        #50
                                        Originally posted by furrowtickler View Post
                                        Drive up the price lol
                                        Okay poor choice of words. Wait until price rises or at least see if it does. Seems like a good tool at any rate.
                                        Last edited by wmoebis; Mar 9, 2023, 13:53.

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