Marketing

[Red Steele]

thread below says that corn isn't going to go to $10....hmm....someone do the math for me and tell me what $4 corn in 1972 is in 2013 dollars, and also what $13 soybeans are.

I know that I watched my 1200 lb round bales go from $40 to $60 to $80 to $100 to $120 since summer and they are all gone now. Not going to make the same mistake with my corn.

[c-x-1]

Red,

could be March 3, 1973.....

[Longcreekfarms]

2010 and 2011 were both hot and dry here in the east. I priced 6x4 Timothy rolls at 200 a piece just because I didn't really want to sell them. 250 mamas here that need to eat too. Anyhow, the women with horses and their husbands cash didn't seem to mind. Nothing is too high until your buyer goes bankrupt!!

[c-x-1]

Actually, mkts that become really inflated end when the SELLERS become bankrupt.

[sw363535]

Red, ------cx-1 may have a point,------------- didn't the percieved windfall of the 70's create the 80's  when the sellers went bankrupt trying to pay for that land and equipment they bought in the 70's.

The inflated expenses never go away as quick as the grain prices do.  And when we start rolling back these land prices ------------??

[c-x-1]

sw,

you would know much more about related costs.....I was referring literally to the shorts becoming bankrupt @ mkt tops.

[BA Deere]

So if Bob Utterback and Richard Brock are panhandling and washing Sue Martin's windshield, then we'll know that the top is in? LoL

[Palouser]

How often are producers short the market?

[Red Steele]

Somehow, I just don't want to see Big Bob or Richard getting wet and washing a car.

But these are very hard times to call...you just know that extreme belt tightening has to occur for life to go on anywhere near normal, and you also know that this is nearly impossible.

[c-x-1]

aren't producers short if they are hedging (protecting) a physical price or forward selling before crop is ready to sell??