cancel
Showing results for 
Search instead for 
Did you mean: 
Mizzou_Tiger
Senior Advisor

HOLY COW................141..........and zero carryout............O BOY...........

http://video.cnbc.com/gallery/?video=3000066432

 

 

not sure I am on board with 141..........but he is talking my game in demand...........see I am not the only crazy one.........

 

0 Kudos
10 Replies
marketeye
Veteran Advisor

Re: HOLY COW................141..........and zero carryout............O BOY...........

Mizzou_Tiger,

 

Do you believe his $8 corn call is "in the cards"?

 

Mike

0 Kudos
Mizzou_Tiger
Senior Advisor

Re: HOLY COW................141..........and zero carryout............O BOY...........

simple answer is YES..........anything is in the cards........

 

we had cash corn over $8 last year........supply is tighter this year........as mentioned for months........demand fluffing has been floating this balance sheet............

 

did you notice he made NO MENTION of SA production...............o and what happens if the dollar softens...........two big things that play in favor of grains that were not mentioned...........

0 Kudos
too close for comfort
Senior Contributor

Re: HOLY COW................141..........and zero carryout............O BOY...........

Wow Mizzou this guy makes you sound like an ubber bear. Keep up the good work.

 

With the number of acres a report like that would buy beans may look good by fall.

 

Jerry

0 Kudos
ray h.
Senior Contributor

Re: HOLY COW................141..........and zero carryout............O BOY...........

    Is $8.00 as good as the$5.00 your daddy got almost 40 years ago?

0 Kudos
kraft-t
Senior Advisor

Re: HOLY COW................141..........and zero carryout............O BOY...........

Holy Cow is an understatement! That being the case how much weather risk do we have going into 2012 and are we assured will have bushels to sell into that hyper market?

0 Kudos
too close for comfort
Senior Contributor

Re: HOLY COW................141..........and zero carryout............O BOY...........

Hi Ray: In the early 70's my dad replaced almost all of the essential equipment on our farm. So in short no. But then I'm a small time farmer.

0 Kudos
kraft-t
Senior Advisor

Re: HOLY COW................141..........and zero carryout............O BOY...........

In the early 70's 1974 I believe, I sealed corn for $1.10 and sold it for $3.65 and contracted a bunch of new corn for $3.15. My rent went from $45 to $105 as a result of that.

 

Per haps that created irrational exuberance that resulted in the farm crisis of the 80's

0 Kudos
TNalfalfa
Contributor

Man. If that don't get'ya bulled up... NT

nt

0 Kudos
too close for comfort
Senior Contributor

Re: HOLY COW................141..........and zero carryout............O BOY...........

Don there are people on here that think you are responsible for our countries current economic situation now you're saying you started the 80's farm crisis. You must have large shoulders to carry that much burden :~).

0 Kudos