Welcome! Please use the navigational links to explore our website.
PartsASAP LogoCompany Logo Auction Link (800) 853-2651

Shop Now

   Allis Chalmers Case Farmall IH Ford 8N,9N,2N Ford
   Ferguson John Deere Massey Ferguson Minn. Moline Oliver

Tractor Talk Discussion Forum

Grain markets

Welcome Guest, Log in or Register
Author 
Dan

07-17-2004 06:21:34




Report to Moderator

What happened to the grain markets and do you think they'll just keep going lower?????




[Log in to Reply]   [No Email]
Bob

07-18-2004 20:08:34




Report to Moderator
 Re: Grain markets in reply to Dan, 07-17-2004 06:21:34  
While 1000's of things drive the markets, as of late it has been 1) Some large contracts being sold on the Board, thus the diff from cash to Board and 2) Very up and down results from Brazil on what they are shipping out. There was a rumor of a very large export going to China, indicating they may be an importer again for a year or so.

I agree with $3.00+ corn. I have sold any and all beans I have (had) and will hold corn as long as I can.

Just my opinion of course

[Log in to Reply]  [No Email]
Leland

07-17-2004 18:36:15




Report to Moderator
 Re: Grain markets in reply to Dan, 07-17-2004 06:21:34  
Prices staying decent here in central ILL B&N SANTA FA RR just built a handling plant here. To ship corn to texas and mexico and they will take anything bacause it all goes for feed. scared the heck out of ADM they bought consolidateds grains rail shipping hub out side of springfield just to keep corn in Decatur . B&N already loaded about 15-20 100 car trains since early june. archy is scared



[Log in to Reply]  [No Email]
Shane

07-17-2004 12:25:57




Report to Moderator
 Re: Grain markets in reply to Dan, 07-17-2004 06:21:34  
Same thing that happens every year. Rains a bit here and there and suddenly we have a record expected yield! I blame the yuppies on Wall Street who are playing the markets to make money. They control the price really. But think about this, when is the last time that most all cash price bids on beans were about 30 cents over board of trade price? I seriously think that the big processors claim to have a lot of on hand beans to drive the price down till they can buy enough to last another month. The big question is are there any left out there? So who has any and how many do you have? We are at the lowest ever carry over and running at near high demands with not much potential for a perfect growing year. Yet beans have plummeted over the last week or so. I see one t-ed off bull just waiting to get out and run again but someone else must know better than me! If we only knew for sure how easy and rich we could be, ha ha!

[Log in to Reply]  [No Email]
paul

07-17-2004 06:55:12




Report to Moderator
 Re: Grain markets in reply to Dan, 07-17-2004 06:21:34  
I expected beans to drop & keep dropping through harvest - more or less.

I expected corn to bounce over $3.00 on weather scares, but the boys in Chicago keep seeing rain on the weather maps so they figure we have a bin-buster corn crop.

Actually here in my part of Minnesota, we have lots of drowned out corn & uneven, yellow spots..... Hope for 75% of a real good crop....

--->Paul



[Log in to Reply]  [No Email]
txblu

07-18-2004 05:18:17




Report to Moderator
 Re: Re: Grain markets in reply to paul, 07-17-2004 06:55:12  
I was told when I was younger that corn used more water than most field crops. Then recently I read an ag report stating just the opposite.

How does moisture play into your corn production?

Thanks,

Mark



[Log in to Reply]  [No Email]
paul

07-18-2004 08:13:42




Report to Moderator
 Re: Re: Re: Grain markets in reply to txblu, 07-18-2004 05:18:17  
Corn needs a lot of rain at the right times. Setting & filling that ear of corn requires a lot in mid summer. As well, corn grows _very_ rapidly during warm humid times, to reach for the sky. Corn is a grass, so it likes the same things your lawn likes - N fertilzer, and water.

However, I live in a real wet spot, we get 35" of moisture a year, have heavy dark soils with a yellow clay layer for several 100 feet of subsoil.

Common wisdom is an inch of rain a week to make good corn during growing season.

I get much better yields with .5" with my local soils.

This summer have averaged nearly 2".

I have a lot of dead corn. No life preservers.

--->Paul

[Log in to Reply]  [No Email]
[Options]  [Printer Friendly]  [Posting Help]  [Return to Forum]   [Log in to Reply]

Hop to:


TRACTOR PARTS TRACTOR MANUALS
We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]

Home  |  Forums


Copyright © 1997-2023 Yesterday's Tractor Co.

All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy

TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.

Yesterday's Tractors - Antique Tractor Headquarters

Website Accessibility Policy