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Honored Advisor

Re: how many superbulls

I believe that the traders are just now starting to take interest in pushing the grain markets.  Sure the markets have gone a bit higher, but they are waiting for the USDA to confirm what most farmers already know.  Since they seem to put so much stock in what the USDA reports, it's not a real problem until they say so.    I think the USDA will raise the acreage numbers.......why?   Because they can.

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Veteran Contributor

Re: how many superbulls

I think it only makes sense if your in an area that has been getting rain to take some risk off the table by selling. We're at profitable levels. I remember in 1983 we were harvesting 45-50 bu beans and the price was around 9 bucks. Dad sold 10000 bu and i was waiting for 12 I ended up getting 6 and he bought a farm. 1988 too, 4th of July come still hot and dry the was over

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Veteran Advisor

Re: how many superbulls

vrbuck, while Ray has called this basis drop well, he is human like the rest of us.  If you followed this advice, you would have been not as happy.

http://community.agriculture.com/t5/Marketing/Dead-cat-bounce-counted-started/m-p/125965#M11526

 

and vrbuck, I am in a good mood this morning, or I could have posted many, many posts of yours in the same time frame that said  far worse advice.  Of course, I could post of few of my own bummer posts also.

 

No One Knows, but God.

 

 

 

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Senior Advisor

Re: how many superbulls

Had to chuckle at that one. Been there done that!

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Senior Contributor

Re: how many superbulls

Sold to cheap?
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Honored Advisor

Re: how many superbulls

"Sold too cheap?"

 

Seems to be a religion here in South Podunk country.

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