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Advisor
Posts: 2,687
Registered: ‎05-13-2010
0

Making AG Markets Great Again

Ok  folks  step  up  to  the  plate --- Call the beltway, Congress, WH  and find this   Great  Again   marketing technique , discovery time is at hand---  

 

Beltway appropriations are scarce as we need conservative fiscal policy, no gimmieZ ---   

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Honored Advisor
Posts: 5,133
Registered: ‎01-10-2012
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Re: Making AG Markets Great Again

#1, close down electronic CBOT.  Way too much cyber schemes, shenanigans  fake orders going on.

 

 Reopen open outcry , if it needs a bigger place put a dome over the bears football field , they only use it 8 or 9 weekends a year. At CBOT expense of course.

Honored Advisor
Posts: 14,406
Registered: ‎05-13-2010
0

Re: Making AG Markets Great Again

But Richard Brock told us back in January that beans would be $6 this fall....well, what`d we do? we planted them anyway and now they`re $9 so we should be happy.

 

 

http://kneb.com/agricultural/analyst-predicting-6-soybeans-in-2017/  

 

 

Analyst Predicting $6 Soybeans in 2017

 

Soybean acres are predicted to rise as corn and wheat prices continue to struggle. Richard Brock of Brock and Associates in Chicago is predicting that planted acres will rise from 83 million this year to 87 million in 2017. That much of an increase would come with much more carryover.

An Ag Web Dot Com article says the carryover stocks currently are 480 million bushels and Brock says that number could rise to 800 million bushels. He’s predicting that the biggest market movement next year will be soybeans heading lower. Brock’s forecast includes cash soybeans in Iowa around $6 a bushel and he calls this his “optimistic forecast.”

Brock feels there are still opportunities ahead for producers, saying, “An opportunity is not necessarily just the market going up, but knowing which direction they’re going to go in and then taking advantage of that marketing.” He says it’ll be important to forward sell, aggressively price, and hedge your production and the producer who does that will have a big advantage over his neighbor who does nothing.

It`s like the joke about the hair-lipped, outhouse salesman.  Yeah, there was a hair lipped outhouse salesman that sold outhouses that were guaranteed not to stink.  Well, a guy buys one and a week later sure enough it starts stinking.  So he calls the outhouse salesman to complain and the hair-lipped guy comes out and steps inside and quickly comes out and says "Phew! that stinks!  Did you know somebody pooped in there?????"    Smiley Very Happy