Posted by Dave from MN on January 07, 2010 at 06:17:28 from (96.24.95.216):
Ok, I look out and see prices, good pices, for 2011,2012 grain. My local elevators do not do anything much over New crop 2010, some wont even do that. I listen to Agday, and I hear the advisors say things such as "lock in your basis", and "secure your 2011-2012 prices now", How is this managed? Is this some thing only huge farmers are able to to? Is he talking about stock markets purchases/sales and not actual contract and delivery of touchable grain? I still dont really understand the put/take stuff. I was thinking of buying some off farm corn from a neighbor that is thinking of selling at a cash price of $3.12(current local cash price avg), and buying an amount that I have contracted for N/C 10 @ $3.79. I know there has to be a better risk manageent other than contracting a percentage of what I expect to harvest, and riding the risk that rices dont skyrocket or hit rock bottom for the rest, or not having the corn to deliver for the contract, due to crop disaster. I know its all a risk, but the risk would be less, if I did a few things different wouldnt it? I am sure more people other than just me would benifit from any knowledge you guys would share.
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 ]
Today's Featured Article - Talk of the Town: The Saga of Grandpa's Tractor - by The following saga is from the Tractor Talk Discussion Forum. Someone. The saga starts with the following message: Hey guys I have a decision to make. I know what you all will probably suggest and it will probably agree with me way down inside, but here it is. I have a picture blown up and framed in my "tractor room" of a Farmall M. It was my Grandpa's tractor, of which whom I never got to meet. He froze to death getting this tractor out of the barn to pull a truck out of the ditch before I was born. Anyway my dad and aunt had to sell it at the auction,
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
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.