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Re: From the floor January 12 (Report Day)
jcaldwell, I followed your link and there's an article there by ag.com staff talking about the BEARISH crop report. Maybee should remove that. I think the numbers are backwards.
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Re: From the floor January 12 (Report Day)
Hi, Rotor. Thanks for the heads-up! That was an old story link from a previous report, but for some reason, the posting date was changed to today (some gremlin in the system, or something!). I got it pulled off there. Sorry to create any confusion there. Thanks for letting me know!
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Re: From the floor January 12 (Report Day)
IMO it will take several days to make a conclusion about the affect of this report. Large entities will have made contingency plans as to what to do under varying circumstances, over several days at least.
The report seems to have underlined the current physical trends. Within a week we will start seeing whether S American weather will continue the trend of dryness and lower yields.
I was surprised that the HRW acres were not higher, and with current fears it would signal watchfulness to see if conditions in the S Plains continue to deteriorate. I am still impressed by a near $8.60 for feed wheat in Britian that was quoted to me. Britian produces a lot of feed wheat for it's meat industry.
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Re: JR, you won't have to stay under the cow long,
reason is, NOW the corn sellers have a Real problem ( it's all about SALES perspectives ).
* Their product appears to be Long tem NON feasible for the LONG term future for some potential customers ( maybe even perhaps some existing customers too....and that is worse yet from a future sales perspective).
* Nother thing....this has happend before in the recent past.
Memories pretty close at hand of the previous SAME type of scenario.
Gets tougher for the "carnie" to sell tickets when everyone talking about the last scam...SAME carnie.
In the meantime...just quit corn, Period.
Many did quit it the past 4 / 5 years...and the ones who did not, eventually will ( that simple ).
It's just another possible ALTERNATE feedstuff.
You HAVE to take it to OTHER feeds.
GRASS is BEST, and that should be your main feed base source.
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Re: From the floor January 12 (Report Day)
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Re: JR, you won't have to stay under the cow long,
Mark ole buddy I do more than just complain about the price I alter rations to be the most profitable and I have changed in a big way from 08. Heck I know folks who are down to about 6-8 lbs of corn /day/head. I am not that low but close and with a diet that is 74% forage I am well on my way to the grass based diet. Yes the diet does include Corn Silage but I think it is the best all around feed out there. What so many refuse to believe is that the customer will leave them. They all think there is some magic formula that is out there that will allow you to set aside all risk and just buy till the cows come home!
I talk to enough consumers to know that as food prices ratchet higher the complaininng will be like never before. I also talk to enough dairy farmers to lnow that today was agame changer. These boys are baling fast. maybe not completly out but certainly scaling back and buying less corn to boot.
It's been a long day and I am in less than a happy mood so I will quit now. Good luck to the 4x4 guys!
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