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Senior Contributor

Re: From the floor April 1

          You guys should forget about converting crp,old malls,and even the hay field you are thinking about ripping up,and enjoy a good profit off of your usual acreage,and for a longer period of time.The hay acreage is next for the much better money,and it would be an enjoyable experiance of a life time to see how the usda would react to such farmer disapline!

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Senior Contributor

Re: From the floor April 1

Mike..... I would content that the 92.2 mil corn # from yesterday is at best a soft #...... When we "stole" acres in the past we had acres to that were available...... We do not this year..... Also this report is assuming that ALL acres will get planted this spring..... No prevent..... No drown outs...... Beans don't try to buy any back...... Cotton has not already stolen acres away...... And oh yea...... We have to have a great yield to go with it...... If one wants to be a bear...... Here in the short run there has to be a LOT of things go right........ p-oed

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Honored Advisor

Re: From the floor April 1

Some gurus were predicting 94m/a corn and last yrs high quality corn would go further, increasing the stocks. If one was prone to believing gov`t manipulation in reports, one might say they "rounded down" alittle both numbers to1. make darn sure farmer Brown really does plow up the back lawn and plant the corn "$$$$" and 2. later this summer after everyone ran at 150% the July or whatever month report will say "Oppsy Daisy!  we made a boo boo. Yes it actually is 94.9 million acres and I don`t know where ours heads were but we forgot to count a few silos, so the stocks number will have 500mill more bu....sorry"  In other words a little white lie now for $8 corn will prevent $18 corn later.  Jmho

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Veteran Contributor

Re: From the floor April 1

Rather than talking about converting high priced urban property to farmland the more likely result of high prices is that Brazil will be able to afford improving their infrastructure and allowing more crop production.  $7 corn and $14 beans will go a long way to pay for railroads and highways.  Once the infrastructure is built, back to breakeven prices.  This could take a few years, but high prices will eventually cure high prices. 

 

Last year I buried a half dozen hog buildings and it will take years for the ground to produce anything if at all. Forty years ago when the building were erected, they didn't think to separate the black dirt from the clay.  Maybe hog manure will help the clay produce 200 bushel corn.  Maybe. 

 

It might not make sense to have 33 million acres in CRP, but in Illinois half the acres that have been declared wetlands are cornfields.  I you install a larger tile in a farmed wetland, you could go to jail.  So much for improving production. 

 

We've met the enemy, and the enemy is us.  

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Senior Contributor

Re: From the floor April 1

BA, an upward revision on june 30th would not surprise me abit. and beans too

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Senior Contributor

Re: From the floor April 1

In each of the last 10 years we lost about 1-million acres of farmed land a year to development in the US

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Senior Contributor

Re: From the floor April 1

marketeye, any chatter about raising corn margins? thanks

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Senior Contributor

Re: From the floor April 1

Seems like if all farmers would actually plant 5% less acres of everything, and use the 5% saved for say recreation ie golf or whatever, prices would go up say 10 to 20% more, direct total inputs would drop the 5% etc..

 

Heck...why figure out exotic ways to produce more acres ( that will cost a bunch...both to bring acres into production...and may cost on the product sales price side too ).

 

The KEY to decent product prices is to control SUPPLY. 

 

Simply ask any oil co. 

 

MOST of the globe's race horse bus is oil money, oil folks.

Every one of em thinks / operates the same in the horse business.

The way to ADD value to a good horse is simply by limiting Supply of the horse.

Limited syndicate breeding shares, thus limited offspring numbers etc.

Even breeding shares SPLIT Limited, thus that share can only be used say once every 3 to 4 years,

 

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Veteran Advisor

Re: From the floor April 1

Any chance China cancelled Brazil shipments because of quality?

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