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Highlighted
Advisor

Re: Beans better find buyers into the close

New lows Jen I'm winning. Like ray said scoreboard.
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Highlighted
Veteran Advisor

Re: Beans better find buyers into the close

What - you're going to say you got my money like our buddy did on here last year?  You don't have my money - you're playing against yourself.  I haven't contributed one penny to whatever you think that you made.  How much have you lost the last  7 years.  No, gamblers never say how much they lost.  Only how much they won.  I don't care.  Corn may go down.  Good.  Beans may go down.  Good.  I don't care.   I sold my farm.  My money is where I want it to be.  You - you'll do like all gamblers do - reinvest it into the gambling machine, and when it's gone, you'll shut up.

 

Jen

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Highlighted
Advisor

Re: Beans better find buyers into the close

Just don't talk Jen. The less some talk the better. My grandma used to say keep your mouth closed to sound smart lest you open your mouth and remove all doubt.

Highlighted
Advisor

Re: Beans better find buyers into the close

Too too defensive... Almost like she got hammered on the long side pretty good.. It's what gamblers do when things go wrong
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Highlighted
Veteran Advisor

Re: Beans better find buyers into the close

Well, I guess I'm not the genius that you are buck,

"All Hail Buck - All Hail Buck"

Oh, hail me, I'm the great Buck!

Yeah, just keep talking, big shot. You just keep digging a deeper hole.

Jen
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Highlighted
Senior Contributor

Re: Beans better find buyers into the close

Well buck that comment makes you sound pretty dumb. Like I said before if anyone took your advise the last 5 years you would have been broke ten times overSmiley Happy. Ps good luck with your puts I am sure you need every pennySmiley Happy
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Highlighted
Veteran Advisor

Re: Beans better find buyers into the close

I am amused with a couple comments.
first, what is the qualifications to be a broker/advisor?
I look at world weather
I have a usda "wire " ie RSS feed
I can get all the charts I want

Now why are you more qualified than me,
Further I do have an advanced degree,
And college level classes in commodities
Marketing.

My problem...
I'm not in the in crowd. Everyone is in
The "hurdles mentality "....your cronies
and info sources are biased and all
Lean that way, once somebody figures
It out were wrong, things shift
Many advisor and brokers now say the markets are difficult to trade due to
Computer programs


As far as the farmers "not listening" let me
Point you to the wheat market....multi
Years low production, some in recent history
On record....poor quality poor crop conditions.
Freeze, drought.....you name it.
world product tion not steller, half the
France crop ruined. The Aussies nothing
Huge to write home about,

We had very good exports......yet where
Are we.

Many have agreement something not
Right

Now new crop, some areas not much better
And the idea is "here we go again"

Part of the problem is the brokers/advisors
Do not "have skin in the game"

To you "its a market".....to us farmers, its
our life.

Makes a difference.....you can be bop to
One thing to the other, we can't.

I'm amazed, we manage huge sums of capital
To produce products, but the brokers and
Advisors are smarter than us because
We can't "market" when producing the
Crop you just must fight the weather, insects knowing what variety toplant, fertilizer to
Apply, herbicide to apply, and successfully rolling the dice on the equipment not
Requiring huge repairs

We take it to the market where every shell game and mind game is played to get
every penny.

The old saying " birds of a feather flock together".....I'd rather be with the farmers
rather than the backstabbers at the cme
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Highlighted
Veteran Contributor

Re: Beans better find buyers into the close

"I can get all the charts I want"

Do they look bullish?

 

"Many advisors and brokers now say markets are difficult to trade due to computer programs"

True statement on USDA report mornings. I as a Broker have very little time to read the report, answer client

phone calls, place orders as the markets are moving 5-10plus cents in min.

 

Wheat

"we had very good exports.yet where are we"

Total wheat shipments are 32% behind last year.

US wheat is more expensive than world prices.

Have you looked at the US dollar at year highs?

 

Then always my favorite

"backstabbers at the CME"

Bull markets, farmer best friends, funds and Chi. traders

Bear markets the last 2 yrs........bastards

 

Sorry that you

1) might be holding on to old crop grain

2)didn't price enough grain this yr

or

3) farming now for crop ins.

or

4) your a Chi. Cub fan and 104 yrs.....you cant wait anymore "Wait until next yr"

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Honored Advisor

Re: Beans better find buyers into the close

Farming for crop insurance means that now, many farmers are cheering on the bear's side for another 6 weeks or so.

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Highlighted
Veteran Advisor

Re: Beans better find buyers into the close

Interesting.....you can tell me
What the market is going to do
By looking at a chart......

For your next parlor trick, will you
Read tea leafs?

Funny on chart reading, we don't know
If we are right untilled after the fact

The days of the trend is your friend is over,
when the computer is doing much of
The work, they will turn like nothing.


As for listening to broker. One that has
Been in business many many years
Told me, nobody knows what the market
Is going to do, if so they wouldn't be a broker.
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