feedyard Talk. 4/15. 11:59 pm

[sw363535]

History says dec corn NC, will goes down but there are exceptions…… It actually looks low enough to buy if we don’t see some bearish news in the next two week

Here is the start of the next planting delay.

• South Korea’s KFA bought around 65k tonnes of U.S. corn in a private deal this morning, at $294/tonne C&F for early June arrival.    $8 /bu range corn

• Algeria bought around 200k tonnes of durum wheat today, at $350-358/tonne C&F, for shipment throughout May. $10+ wheat./bu
• Importers from the Philippines bought around 380k tonnes of wheat, includ- ing 240k tonnes of milling and 140k tonnes of feed wheat, for June-Sept, but they also passed on another tender for 165k tonnes of feed wheat.
• This morning’s March NOPA soybean crush is expected to come in at 179.2 million bushels, up from 155.2 mbu in February but below 181.4 mbu last March (a record for the month). Estimates range from 165.0-189.6 mbu.

I think the last one for ethanol is related to less gasoline use this last month.  After all we still have our masks on in DC.  Certainly not a sign of demand drop.  The corn is just bypassing ethanol and going straight to the feeder/

We have shipped a lot of corn direct to ethanol the last 10 years.      This year well over half the crop went straight to the feeders. 

These notes from Thursday morning seem to say demand is alive and well.

A CDC study published this month found that nearly 80 percent of Covid-19 patients hospitalized in the U.S. were classified as either overweight or obese.

[k-289]

C D C  means ,    corn  fed  in  one  way  or  the  other -  maybe  that  is  what  they  meant  - ?   

[sw363535]

an elevated form of exercise.    Wringing our hands...... or as the old world example , The Wailing wall..............

Both of which are preferred to physical labor or saying no to something we can taste.  It would not surprise me if life expectancy started backing off for several reasons... most jobs deal with very little physical activity.... Wagyu jobs don't need wagyu beef or cookie dough ice cream.  Drug use is another .... still the big problem behind a lot of shooting deaths.  Police deal with a high percentage of "high" racing hearts...on speed expanders.

I had a discussion with one of the lots we attend fairly often and I asked him......."I gotta clean bins so do I get one ready for wheat for your rations?"........... answer was "We haven't talked about wheat in the ration yet so I'm not expecting it but having grain in the bins now seems like a good deal". He took over the lead and asked "when you guys gonna feed with us?"  ------ Hows the waiting list?   "We got room, bring em anytime."   "Tell that son of yours to spend a little on vaccine in anticipation.  Sending them in here with a mask isn't gonna work any better than it does in DC."

If ya knew the characters involved --- that was a funny poke in the ribs.  

Beef could slow down this summer--- high in price with a throttle on the supply.  Sounds like grocery supplies are expected to struggle with restocking just like everything else is....... Like DC says "the economy is roaring back"..... what nonsense.

[sw363535]

Been seeing something new ---- a few young folk working the area looking for jobs....... been a long time .... and not fresh off the border.  If I were 25 and not sure where the future is,  I think its time to hustle a bit to find solid ground.  The jar full of empty promises seems extremely irrational these days.

[k-289]

Available  housing  supplies  are  a  scarcity ,  in  resemblance  of  Charmin ,  &   Y  bother  to  vaccinate  those  get  along  little  doggy's  -  ?

$15.oo?/ hour  would  take  @ 4450  hours  to  buy  a  new  Silverado  1500 pickup  -  excuse  me  '' truck ''  -  -  - 

[illinifarmer]

Fun fact over 80% of the US is obese or has underlying medical conditions.  May have something to do with why we were hit and effected the hardest.  That and the lack of acknowledgment and action by the previous administration.

[BA Deere]

So is Biden going to close down McDonalds drive throughs?  Rich people spend thousands of dollars trying to lose weight, look at Oprah.  Al Roker the Today Show weatherman had lap band surgery, but even then some gain it back, their stomachs stretch out again and Al isn`t the happy guy he was when he was the "fat weatherman".   

The only way a politician can get you to lose weight is throw you in a concentration camp....and i wouldn`t put that past the current administration if people are stupid enough to give them a second term.

[sw363535]

Your way more optimistic than I am BA.  Politicians really don't care.  DC only acts like it cares when they feel threatened.  ---( and Joe won't allow bussing to a McD drive throug-- no matter how well meaning it might be.)

The constant low brow, media drums that pound to the tune of the impractical social theology, doom us.....  The media's desire to pit one against the other in order to reconstruct society is irrational. 

The press is  so poorly educated that we have to redefine the meaning of words rather than accept the meaning education would assign.  And constantly copy from each other because we simply cannot think or write independently.  The sad fact is we are so much in fear of condemnation that we plagiarize those who have the loudest voice and will condemn those who seem to be thinking independently. 

We are not a society wise enough to maintain a representative republic which requires diversity and respect.  An impossible reality in todays bureaucracy and theology.... We have no faith in things unseen, and less faith in those things reported (or seen for that matter).  The masks tell the tale, only needed for the camera's.  We worship constantly changing ideals..... We praise the dish at the table that is most likely toxic.  We desire celebrity over education at every term -- thus needing to redefine terms like "science" or "scientific study"....... or at todays level the term "infrastructure" which just got redefined rather than embarrass a senile old man who wouldn't understand (or remember) his mistakes.  A man who ran for president three times and in the first two never won the support of even one delegate.   (mentioned only to point out how low the populations standards for candidacy for office have sunk.). Joe is not much different than he ever was.  It is we the voters who have deteriorated. 

[clayton58]

I like to think (hope) that not all voters have deteriorated to that level.  But, often I have to question, andf think you may be more correct than what I would like to admit.

[BA Deere]

All a politician or political party has to do is curry favor with the press and they will report on how "the trains now run on time".  Whether they actually do or not is immaterial and "trains on time"  is the 21st century`s "how your 401K is doing".    People these days vote for president solely based on Jimmy Kimmel`s monologue, the bar tabs are signed "my grandchildren will pay this".   So I don`t expect voters will get more intelligent anytime soon, grandkids may say "what the actual hell??" one day, but that`s their problem....gotta git that $2 trillion infrastructure bill passed before the mid-terms!