Agriculture News, Markets, Weather, Ag Talk, Farm Machinery | Agriculture.com
Reply
Veteran Advisor
Mizzou_Tiger
Posts: 2,267
Registered: ‎11-02-2010
0

HOLY COW................141..........and zero carryout............O BOY...........

[ Edited ]

http://video.cnbc.com/gallery/?video=3000066432

 

 

not sure I am on board with 141..........but he is talking my game in demand...........see I am not the only crazy one.........

 

Community Manager
marketeye
Posts: 3,098
Registered: ‎05-03-2010
0

Re: HOLY COW................141..........and zero carryout............O BOY...........

Mizzou_Tiger,

 

Do you believe his $8 corn call is "in the cards"?

 

Mike

Veteran Advisor
Mizzou_Tiger
Posts: 2,267
Registered: ‎11-02-2010
0

Re: HOLY COW................141..........and zero carryout............O BOY...........

[ Edited ]

simple answer is YES..........anything is in the cards........

 

we had cash corn over $8 last year........supply is tighter this year........as mentioned for months........demand fluffing has been floating this balance sheet............

 

did you notice he made NO MENTION of SA production...............o and what happens if the dollar softens...........two big things that play in favor of grains that were not mentioned...........

Senior Contributor
too close for comfort
Posts: 222
Registered: ‎05-11-2010
0

Re: HOLY COW................141..........and zero carryout............O BOY...........

[ Edited ]

Wow Mizzou this guy makes you sound like an ubber bear. Keep up the good work.

 

With the number of acres a report like that would buy beans may look good by fall.

 

Jerry

Senior Contributor
ray h.
Posts: 427
Registered: ‎05-14-2010
0

Re: HOLY COW................141..........and zero carryout............O BOY...........

    Is $8.00 as good as the$5.00 your daddy got almost 40 years ago?

Senior Advisor
kraft-t
Posts: 10,784
Registered: ‎05-10-2010
0

Re: HOLY COW................141..........and zero carryout............O BOY...........

Holy Cow is an understatement! That being the case how much weather risk do we have going into 2012 and are we assured will have bushels to sell into that hyper market?

Senior Contributor
too close for comfort
Posts: 222
Registered: ‎05-11-2010
0

Re: HOLY COW................141..........and zero carryout............O BOY...........

Hi Ray: In the early 70's my dad replaced almost all of the essential equipment on our farm. So in short no. But then I'm a small time farmer.

Senior Advisor
kraft-t
Posts: 10,784
Registered: ‎05-10-2010
0

Re: HOLY COW................141..........and zero carryout............O BOY...........

In the early 70's 1974 I believe, I sealed corn for $1.10 and sold it for $3.65 and contracted a bunch of new corn for $3.15. My rent went from $45 to $105 as a result of that.

 

Per haps that created irrational exuberance that resulted in the farm crisis of the 80's

Contributor
TNalfalfa
Posts: 20
Registered: ‎10-05-2011
0

Man. If that don't get'ya bulled up... NT

nt

Senior Contributor
too close for comfort
Posts: 222
Registered: ‎05-11-2010
0

Re: HOLY COW................141..........and zero carryout............O BOY...........

Don there are people on here that think you are responsible for our countries current economic situation now you're saying you started the 80's farm crisis. You must have large shoulders to carry that much burden :~).