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A whole lot of cheap grain?

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    A whole lot of cheap grain?

    Talked to an oil landman who was over in Saskatchewan tying up some deals. He said the crop was pretty dismal with a lot of frost damage and poor grain. Now I assume this grain will need to find a home and it is doubtful the CWB can find a lot of decent markets? Maybe they will try to pawn it off on our own millers by changing the grading standards? Or maybe they can pay some old bankrupt third world country to take it...sort of like they used to do with Poland and Russia? I guess that is one way they could screw up the supply and demand picture?
    The fact is there should be some ultra cheap grain out there this year? Is it fair? Definitely not...but then neither is 5 cents/lb. for a cow!

    #2
    In thinking further on this, I realized that my old cows are now worth in the neighborhood of about 10% of what they were pre-BSE! Now if the same scenario was true for grain, and barley was worth $3.00/bu pre BSE, then today it should be right in that 30 cents/bu. range!!!...maybe that $1.80/bu doesn't look quite so bad afterall???

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      #3
      Any idea of what type of cuts the guy wants but can't get? It seems strange to be importing more expensive "cheap beef" to fill orders when our old stuff can't leave the country.

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        #4
        Cowman: You are a ray of sunshine in an otherwise bleak world> LOL

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