- Agriculture.com Community
- Announcements & Forum Help
- Farm Business
- Young & Beginning Farmers
- Cattle Talk
- Crop Talk
- Hog Talk
- Machinery Talk
- Machinery Marketplace
- Shops, buildings and bins
- Ask the SF Engineman!
- Precision Agriculture
- People & Rural Life
- Ag Forum
- Women In Ag
05-21-2018 06:50 PM
I get what you guys are saying but I have always felt that the market, day traders and long term investors are at the mercy of ADM, Bunge, Cargill and Dreyfus. Wherever they want the market to go they will take it there.
05-22-2018 07:40 AM
China wants to produce more ethanol for fuel maxing out out 2020. I would think that's pretty bullish numbers
Just wondering how long it will take the market to acknowledge it.
What is more concerning looking back at history is the fact that the last time grain prices inflated a government was overthrown. Egypt. If prices do get back to the 2008-2013 levels, they will not be allowed to stay there for long.
05-22-2018 07:46 AM
05-22-2018 09:29 AM
As is always the case, we each broadcast our own message and either ignore what others say or try to interpret or twist it to agree with us.
My consistent message is to not pay very much attention to day-to-day trades but rather aim at hedging at appropriate times and then paying enough attention to not get whipsawed if the market goes badly against you.
Day-by-day trades are of minimal interest to me, although at the coffee shop many farmers talk about them. Some talk from the perspective of the guy who has unpriced grain in the bin and is trying to decide when to sell it. I'm not in that situation very often. Maybe to that marketer day-to-day trades are important.
Like the old Indian said, "what you see depends on where you stand" and we all stand in different places, it seems. We could each be totally right. We could each also be at least partly wrong. (I'm usually partly wrong and sometimes it seems more than partly).
But right now I'm holding my Nov soybean shorts and am still out of the market on corn.
05-23-2018 07:42 PM
Corn on the other hand is selling today in prices high for a couple of years.
I get back to office I’ll try to generate some examples.
Anyway Jim are you seeing opportunity or just doing what you normally do ?