Nov 23, 2020 | 05:40
4
Thing that irks me at moment some of the new age marketers telling us australian grain is cheapest in the world that why buyers flocking here.
These are 8 to 9/10 prices and there talking market up.
At times I think these fresh out of business college experts know Jack shitze.
Question them they turn into Caring Understanding Nineties TypeS.
Ps dont read the wrong tone here, i respect 95% of market commentators especially those with skin in the game, just the latest batch here wet behind the ears.
Last edited by malleefarmer; Nov 23, 2020 at 05:45.
But remember, I must be in one of the furthest location distances to port than alot of places in the Prairies.
I don't know what committed(almost proprietory?) 134 car loop track unit trains have done to freight rates.
All I know is I'm hauling further, into a more efficient grain handling system than before the rail and elevator consolidation occurred.
Nov 23, 2020 | 05:58
9
I think there's room for prices to rise.
But someone with their finger on the pulse better chime in.
How much of the wheat crop already shipped?
What pace are we at.
World S/U? Whose got what? Are there plenty of exportable stocks, Are importers covered? Until when? How were the crops of grain growing Nations who still need to import? Lots of factors.
Northern hemisphere dryness.
Here's one for you guys, maybe we need to get through the lower prices of grain sales made by GrainCos of grain they never owned. No one ever "likes" that comment probably because they don't want to side or associate with a conspiracy theorist.
More caffeine please, maybe I'll start to make sense.
Whats mood there prices will rise?
Im hoping sideways but so many curve balls innworld at the moment
IMHO mood is a good way to describe price direction at this time.
When the buyer expects to pay more tomorrow the price will go up.
China likes to control the mood.
Not sure they are able to at this point.
But I'm sure they plan to.
This website uses tracking tools, including cookies. We use these technologies for a variety of reasons, including to recognize new and past website users, to customize your experience, perform analytics and deliver personalized advertising on our sites, apps and newsletters and across the Internet based on your interests.
You agree to our Privacy Policy and Terms of Access by clicking I agree.