Corn...Ouch!

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Corn...Ouch!

Aug 12, 2019 | 10:07 1 So much for that.... Reply With Quote
Aug 12, 2019 | 10:23 2 Why worry????...the market is always right....and the extra government payments in the US will be announced in short order....

Ouch for canadian commodities is right though...should impact barley into feedlot alley???? Reply With Quote
Aug 12, 2019 | 10:35 3 My barley better yield 150 Reply With Quote
helmsdale's Avatar Aug 12, 2019 | 11:00 4 Wheat Ouch! All of it OUCH! Reply With Quote
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  • Aug 12, 2019 | 11:03 5 Highs are in. Reply With Quote
    helmsdale's Avatar Aug 12, 2019 | 11:25 6
    Quote Originally Posted by MBgrower View Post
    Highs are in.
    God help us... What is the chicago limit these days? wheat down 30.75 today...

    I see september mgex also broke to all time lows today. Reply With Quote
    Partners's Avatar Aug 12, 2019 | 11:30 7 Yes and the CND markets always follow like a tail following the dog.. Reply With Quote
    Aug 12, 2019 | 11:37 8
    Quote Originally Posted by Partners View Post
    Yes and the CND markets always follow like a tail following the dog..
    Trump has already been talking about another payment....where else was the market going to head ....

    Eventually actual supply will make a difference.... Reply With Quote
    Aug 12, 2019 | 11:38 9 They must know it will be frost free till December 1st 👍👍

    Amazing how this crop is already in the bin and all in excellent shape ... man those guys are good.
    Must have a time machine lol
    Last edited by furrowtickler; Aug 12, 2019 at 11:50.
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  • Aug 12, 2019 | 11:55 10 A pile of that corn was planted late. Especially the states that produce the majority. From what o hear you need the stuff in early enough to hit the big yields. Sounds like 35+ million acres was planted after May 26. Thinking usda set expectations higher cause it’s easier to save face and come down than go up. Reply With Quote
    Aug 12, 2019 | 12:10 11
    Quote Originally Posted by WiltonRanch View Post
    A pile of that corn was planted late. Especially the states that produce the majority. From what o hear you need the stuff in early enough to hit the big yields. Sounds like 35+ million acres was planted after May 26. Thinking usda set expectations higher cause it’s easier to save face and come down than go up.
    Exactly and the GDD is way behind on most of those corn and bean acres Reply With Quote
    SASKFARMER's Avatar Aug 12, 2019 | 18:28 12 Corn in the big hitter states was seeded late and other acres weren’t seeded. It’s a shit show friends down there are waiting for crap insurance and payments. I said in canada we get a ****ing loan that they can’t even get that right.

    Difference a couple hundred miles makes.

    Canada the newest shit hole country. Reply With Quote
    Aug 12, 2019 | 19:10 13 No worries, it is easy to win a trade war.

    Trump thought he could run the country like he ran his business.
    Be a dick.do not pay and sue .

    tarrifs are pretty close to sueing

    He picked the wrong folks to start screwing with.
    CHINA.
    Even drug his neighbour
    Canada in to kidnap Meng.

    Now we are screwed too.
    I guess if you hang around with
    A dick . Your gonna wear the backlash.

    Oddly China did not like it.
    Being screwed with.
    So here we sit
    More trump winning Reply With Quote
    Partners's Avatar Aug 12, 2019 | 19:18 14 Yup and our dickhead will just leave us out to dry. Reply With Quote
    Aug 12, 2019 | 19:27 15 True but it has always been that
    Way .all through the 1980s we lived with under 1/3 the support
    Of the US and th EU.
    Not saying it is right.
    But as a political force we are
    Even less a force now than in the 80s.

    The Weston family ,the Bromphams
    The Irving's Cn Cp all have more say we do. Reply With Quote
    Aug 12, 2019 | 19:31 16
    Quote Originally Posted by sawfly1 View Post
    No worries, it is easy to win a trade war.

    Trump thought he could run the country like he ran his business.
    Be a dick.do not pay and sue .

    tarrifs are pretty close to sueing

    He picked the wrong folks to start screwing with.
    CHINA.
    Even drug his neighbour
    Canada in to kidnap Meng.

    Now we are screwed too.
    I guess if you hang around with
    A dick . Your gonna wear the backlash.

    Oddly China did not like it.
    Being screwed with.
    So here we sit
    More trump winning
    A real prime minister who had any business sense whatsoever would have had a deal done with China and India by now , actually 2 months ago .
    But nope Peter Pan flys around doing useless things that do absolutely zero for the economy. Agree that Trump has made a bed , but our ding bat can not find the door out of the bedroom Reply With Quote
    Aug 12, 2019 | 22:29 17
    Quote Originally Posted by furrowtickler View Post
    They must know it will be frost free till December 1st 👍👍

    Amazing how this crop is already in the bin and all in excellent shape ... man those guys are good.
    Must have a time machine lol
    Marty fire up the DeLorean and hit 88 mph😉

    Cattle are all limit down today too as a Tyson slaughterhouse burnt up in the states. Cull prices seemed ok at Thorsby where we took all ours to today. Averaged a dollar between the cows and heiferettes which is still better than a month or two ago. Reply With Quote
    Aug 12, 2019 | 23:24 18
    Quote Originally Posted by woodland View Post
    Marty fire up the DeLorean and hit 88 mph😉

    Cattle are all limit down today too as a Tyson slaughterhouse burnt up in the states. Cull prices seemed ok at Thorsby where we took all ours to today. Averaged a dollar between the cows and heiferettes which is still better than a month or two ago.
    It’s a bad deal for all of us ...... Reply With Quote
    Aug 12, 2019 | 23:25 19 Anyone know the local grain prices lately in Brazil , Argentina and other major grain exporters???? Reply With Quote
    Aug 12, 2019 | 23:48 20
    Quote Originally Posted by furrowtickler View Post
    Anyone know the local grain prices lately in Brazil , Argentina and other major grain exporters????
    Argentinian grain prices just went up by over 30% today... They voted in another socialist, and the currency plunged by more than 30% in a day on expectations that they will default, and socialist policies will drive out investment.

    From Arlan Suderman: Argentine peso collapses today on signs that the country will go back to its previous socialist ways of taxing crop production to finance social programs. Peso had been very week at 45 per dollar, but traded as low as 62 per dollar today. Long-term implicatons for Ags Reply With Quote
    Aug 13, 2019 | 05:23 21 Decent rains across 60% of Australia cropped areas will add downward pressure.Grain has eased about 15 bucks this week. But dy cropping areas stayed dry and forecast is a dry bias aust wide.

    Even if we have below ave rom here on in we will get ave crop. Reply With Quote
    SASKFARMER's Avatar Aug 13, 2019 | 06:47 22 The USDA is so out to lunch on the Corn crop its not even funny. Since the late start, the rain events this July have been poor in the Corn belt. Corn isn't going to be a bin buster and guess what it will probably freeze. Yea it's a shit show.

    Ah like stats Canada or Sask ag and food its all good nothing to see move along.

    Grain companies are getting into position. Reply With Quote
    Aug 13, 2019 | 07:07 23
    Quote Originally Posted by AlbertaFarmer5 View Post
    Argentinian grain prices just went up by over 30% today... They voted in another socialist, and the currency plunged by more than 30% in a day on expectations that they will default, and socialist policies will drive out investment.

    From Arlan Suderman: Argentine peso collapses today on signs that the country will go back to its previous socialist ways of taxing crop production to finance social programs. Peso had been very week at 45 per dollar, but traded as low as 62 per dollar today. Long-term implicatons for Ags
    There goes the “greener grass” in Argentina. Reply With Quote
    Aug 13, 2019 | 08:11 24 Furrow you are right , we should
    Be doing a deal with China.
    But we can not because we signed that right away in the the new north American free trade agreement.
    Not only do we kidnapp for them.
    No we have to get the US to approve any trade deal we sign with anyone else.
    That is the whole purpose of the NAFTA 1 and 2
    Sign away our sovereignty.
    Whether it is drug prices,chemicals,seed tax.
    No sense negotiating if the US gets to say no. Reply With Quote
    Aug 13, 2019 | 10:09 25 Wheat seems to be moving independent from Corn this morning, which would be good for Wheat.
    Although Canola seems to be moving independently from Soy Oil ???????? Reply With Quote
    Aug 13, 2019 | 10:21 26 USDA Corn reporters. Reply With Quote
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  • Aug 13, 2019 | 11:23 27
    Quote Originally Posted by newguy View Post
    USDA Corn reporters.
    Lol , ain’t that the truth Reply With Quote