Some observers are speculating that corn futures could be 3.50 at harvest. Yep, you read that right: $3.50.
Regardless of the fickle nature, good sales opportunities, for both old and new crop grain, are lurking.
I am looking for lower prices. The farmers want one more shot at $7 corn. They should not bet the farm they will get it.
I consider this a good selling opportunity. We got scared by the break, and regretted not selling before it.
When you live in Ashtabula County for a lifetime, you have snowstorm stories. The day I called Deerfield and said I wouldn’t be in to work because we had had three feet of snow overnight. Chardon had 54 inches. The night I abandoned my pickup in the road, two feet above the pavement on a [...]
Thank the market for the bounce and get some grain sold.
The grain marketing ship is rudderless this month, as fundamental news is mostly absent and meaningless.
For some soggy Ohio farmers, the rain means no corn harvest progress may be made now until the ground freezes.
MF Global declared bankruptcy Oct. 31, curiously just after an audit that did not discover the discrepancies that existed deep in the bowels of this futures-trading and debt instrument-trading giant.
Remember when you expected to harvest up to Thanksgiving? Part of the problem with crop progress is perspective. We have gotten used to early planting, fast dry-down, and big planting and harvesting equipment.