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rsbs
Esteemed Advisor

$6 Corn, $15 Soybeans for New Crop Targets

Otherwise, $4 corn the last week of June, 2022 and $10 soybeans.

Lock the door, forget about the crop, and see what happens.

The run up in land, seed, chemical, fertilizer, equipment costs etc all seem to have that type of price factored in so lets let it come to us.

I made money under Trump, Lets see what Joe can do for us, right?

Seriously, my conventional corn is not going to duplicate what I had last year in southern MN. Lots of bug pressure (I know, I should have aerial sprayed) lots of weed pressure (That happens when the rains never come and you don't have the same arsenal as GMA corn varieties.) 

Kind of depressing looking at the neighbors stand of triple nickel stacked corn, and how nice his looks.

Soybeans.....I don't know at this point. Lots of plant...too early to know about pods.

And no rain coming in the foreseeable future.

15 Replies
wrightcattle
Veteran Advisor

Corn bean

Prices will be where ever China figures they need to be. 

Might be a nickel,  might be $50...just never know re Chi!na.

1 thing is thee ruse that the USA must think Chiba is even credible. 

 

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roarintiger1
Honored Advisor

Re: Corn bean

I for one, like those target numbers.

wrightcattle
Veteran Advisor

Re: Corn bean

Which 1s? The former or later numbers? LoL

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roarintiger1
Honored Advisor

Re: Corn bean

$6 & $15 ………. No doubt

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Re: $6 Corn, $15 Soybeans for New Crop Targets

How did you make money with the trade war and terrible prices? I’ve made more in the last 6 months than I did in the last 4 years.. The 8 years before Trump were pretty successful as well.

wrightcattle
Veteran Advisor

Especially beans

Were tough under treasoner trump .

He was never smart enough to out trade China. 

Re: Especially beans

At least he TRIED. That’s more than most of them did. 

BA Deere
Honored Advisor

Re: Especially beans

Trump fixed the border, yeah yeah yeah "the wall...!"  you don`t need a wall if you just follow the law....I know, hell of a concept!

With trade the fact that tariffs were brought seriously in the conversation was a game changer.  Unfortunately President Butt Wiper is squandering our advantage.

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wrightcattle
Veteran Advisor

If Your smart

enough to poor water out of a boot,  the will out trade treasoner trump and the China folks every time.