See something funny is happening in the world of Bull shit grain Marketing.
News all over the place that this years harvest is going to be a bin filler. Europe USA Canada Australia winter and then South America the land of no crop problems ever. Oh throw in Russia with no value on a dollar and Ukraine.
Lots of Canola was priced for fall delivery when all the experts last winter were talking 10 is a good starting point for production. So if guys were cautious lets say 10 bus a acre at 10 is the first 100. On some farms that will be their total production. If your done flowering and if you can see a gopher F$%King a mile out in a field your done. Rain wont help. Also with these cool morning temps if we have a repeat of 2002 and 2004 all the late seeded shit is toast. Our early will have a huge swath of shit all. That year if froze in USA also as far south as Min. Europe is having a heat wave and Australia has some cool days ahead.
So the bull shit continues as the world is a wash in grain.
Mud doesn't make grain. Quality in USA lets think about that 100 above in day time and rain at night harvesting wheat that's bone dry. Ah do they have varieties that don't sprout. ME thinks not.
Soy can take water better than peas but soy under water for days does die the same way and if can flood once maybe twice then shit all.
Corn doesn't like day in day out rain it takes the fert down and potential is lost.
But experts in offices tell a different story, world wide things are just great.
So here is my take.
The markets will drop and drop and drop because its all about the computer and playing games. Computer program trading is the new way. Funds buy and sell using computer programs and no facts.
Once this whole big planet needs to not be able to feed it self, Just once.
So again I think we will not see a big run or return to higher prices.
Our dollar might be 30% less than a USA dollar but that wont mean a thing.
Peas will not fetch more than 8.75
Canola will be hard to get 12 across the board.
Wheat will stay range bound at 6.
Barley for malt 5.75 feed at 3 to 4.
Oats at under 3.
Flax at 11 or 12.
Decent but no real big price.
What are others thinking. I'm saying flat even if we have a low dollar.
But Fert seed and Chem and equipment will skyrocket. Just because.
News all over the place that this years harvest is going to be a bin filler. Europe USA Canada Australia winter and then South America the land of no crop problems ever. Oh throw in Russia with no value on a dollar and Ukraine.
Lots of Canola was priced for fall delivery when all the experts last winter were talking 10 is a good starting point for production. So if guys were cautious lets say 10 bus a acre at 10 is the first 100. On some farms that will be their total production. If your done flowering and if you can see a gopher F$%King a mile out in a field your done. Rain wont help. Also with these cool morning temps if we have a repeat of 2002 and 2004 all the late seeded shit is toast. Our early will have a huge swath of shit all. That year if froze in USA also as far south as Min. Europe is having a heat wave and Australia has some cool days ahead.
So the bull shit continues as the world is a wash in grain.
Mud doesn't make grain. Quality in USA lets think about that 100 above in day time and rain at night harvesting wheat that's bone dry. Ah do they have varieties that don't sprout. ME thinks not.
Soy can take water better than peas but soy under water for days does die the same way and if can flood once maybe twice then shit all.
Corn doesn't like day in day out rain it takes the fert down and potential is lost.
But experts in offices tell a different story, world wide things are just great.
So here is my take.
The markets will drop and drop and drop because its all about the computer and playing games. Computer program trading is the new way. Funds buy and sell using computer programs and no facts.
Once this whole big planet needs to not be able to feed it self, Just once.
So again I think we will not see a big run or return to higher prices.
Our dollar might be 30% less than a USA dollar but that wont mean a thing.
Peas will not fetch more than 8.75
Canola will be hard to get 12 across the board.
Wheat will stay range bound at 6.
Barley for malt 5.75 feed at 3 to 4.
Oats at under 3.
Flax at 11 or 12.
Decent but no real big price.
What are others thinking. I'm saying flat even if we have a low dollar.
But Fert seed and Chem and equipment will skyrocket. Just because.
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