- Agriculture.com Community
- Announcements & Forum Help
- Farm Business
- Young & Beginning Farmers
- Cattle Talk
- Crop Talk
- Hog Talk
- Machinery Talk
- Machinery Marketplace
- Shops, buildings and bins
- Ask the SF Engineman!
- Computers & more
- Precision Agriculture
- People & Rural Life
- Ag Forum
- Women In Ag
- Agriculture.com Blogs
- Your Farm in the Future
- Women in Ag: Lisa Foust Prater
- Women in Ag: Brenda Frketich
- Women in Ag: Anne Miller
- Women in Ag: Jennifer Dewey
- Women in Ag: Talkin' Turkey with Lara Durben
- Women in Ag: Heather Lifsey Barnes
02-05-2017 03:18 PM
now lets see, if i can barrow BA's oliver 2155, it says in 5H it can go about 19.5 miles/hour, and uses 9.5 gal/hour under
full drawbar power.....so......going to portland
about 85 hours
765 gallons diesel....
so, diesel around here is about 2.10.....so $3212.00 fuel (there and back)
stopping for sleep about every 16 hours....there and back 11 nights lodging $660 (motel 6)
food (loaf of bread, pound of lunch meat, tator chips, 3 cans wal-mart brand dr pepper per day) $4.85 per day...$58.20
with 2, 400 bu grain carts.....that's $4.91 per bu......
oh.....forgot to figure in, since BA was nice enough to let us barrow the tractor, we'll stop at Firth, Neb, and get him a new set of
02-05-2017 04:10 PM
part of the problem on the basis, i feel, could be lack of "convergence" of the board price and actual commodity price
02-05-2017 04:27 PM
I really doubt my Oliver would make it over the Tetons.
But here`s some current bids coop is a penny or two below Christensen feedmill...whoo-hoo!
|Forest City||Forest City||Kiester||Kiester||CFF||CFF|
|Delivery||Option||Basis||Cash Bid||Basis||Cash Bid||Basis||Cash Bid|
02-05-2017 04:31 PM
Here`s Glenville Poet, the stripper bar ain`t even open
02-05-2017 04:33 PM
Here`s Muscatine...a little better
River Gulf Grain Bids for Friday Feb 3
Monday, Feb 6
River/Gulf 6:30-3pm corn and beans
Nestle Purina 6-2pm
ADM - Clinton 5-3pm
ADM - Cedar Rapids 5-3pm
GPC - Musc 5-8pm by appointment only
Cargill - CR beans 7-5pm
Futures will update bids automatically during trading hours beginning at 7pm. Basis last updated at 3:34pm on Feb 3. Basis can and will change multiple times throughout the day. Please call for accurate bids.
For bids at other locations select "corn"or "beans" below.
All spot loads are priced at the close of trade on the date of delivery.
02-05-2017 10:15 PM
In our area Bunge west seems to set the mark the herd stays under in the bean market.
They keep short dating "free deferred pricing" trying to get possession two weeks at a time trying the ol sucker punch method.
Increasing the negative basis as a fear factor.
Is $9.67 enough with a -67 basis to give away title?
Ray J would probably concur that a slow down of sales and or deliveries
Creating a less than comfortable few day supply can do amazing things to basis bids to keep the plant running and contracts fulfilled.
What is the rush to shoot your own toes off?
Must be a tremendous amount moving, yield must have been as big as advertised.
Local Gavilon train loader has been full till the train came this weekend.
02-06-2017 09:07 AM
One of the respected guys I follow believes that farmers have sold 70-75% of the old crop beans and 50-55% of the old crop corn....
he thinks that means the bean rallies may have more substance to them since the amount of beans that can be sourced is shrinking over time........still have a ways to go to get the corn market in similar shape....
I think this Thursday's WASDE report is important......if the excellent export pace translates into smaller carryouts in the US, maybe we can get through Februrary without the usual big crop meltdown.....and that, in turn, would help crerate better crop insurance levels..
if looking for some good news, it may come in the fact that Trump is pressuring the countries which have big trade surpluses with us to shrink those by buying more US product....ie; food and grain could be at the top of those lists
in the current situation, it truly is one day at a time since so many things can, and are likely, to change going forward