Pea rant

[bucket]

Dave 411

Not joking and the stats back me up.

[charliep]

As a part of a farmers risk management strategy based on their farms business needs, it is likely a good time for farmers to at least consider it. I note you are talking about shorting the futurues market (hedging). That means you have the ability to lift the hedge during the winter if conditions warrant.

My caveat is the decision isn't so much of a market forecasting exercise but rather determining a price you can live with and locking it in. To my definition of risk management, you are protecting against lower prices but you have also given up the right to participate in higher prices.

[Grahamp]

In theory I agree but I think we are late to enter. When the market broke through 470 or even earlier was the place to join the trend. I worry about joining a trend 6 months and 15% value move in. I like Tom Demark's (market analyst) response to the above mentioned cliche, "the trend is your friend unless it is about to end." Having said all of this I certainly wouldn't be a buyer while this slide is going on.

[Hopperbin]

Bucket if you grew an older variety you would be in serious shit of a crop. I will have to challeange klause in a side by side next year. This year his peas were 20 miles away in diff land. Anyways mine are coming off number two green at the 8 dollars I contracted. Hauling direct to elevator. So far only 3000bushels under air and have 4500 bushels In storeage that I dont have to clean for planting seed.

[Hopperbin]

And near o dock and split.

[farmaholic]

Re greens...don't grow Patricks. We started in greens with Parades and they stood pretty good and didn't seem as disease prone. We expandex our Readers this year for next. Hoping for better standability and disease resistance and did seem better than Patricks. There has been some challenging years here with the extra moisture and the odd heavy rain with wind. Sometimes its just the conditions are too brutal....

[dave4441]

What stats?

[Klause]

Ok. We get it. Don't grow Patricks.

LOL

This site is doing funny stuff again

[crusher]

Pretty tough to get much stubble support after rolling them. And I'm not growing peas without rolling.

[farmaholic]

Was supposed to read, "we expanded our Raezers...." should proof read a bit more.