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Will we see a jump in grain prices soon? ( China trade related)
Posted on 12/6/18 at 8:16 am
Posted on 12/6/18 at 8:16 am
This might be better suited for money board but know we have some producers on here as well. Our sorghum didn't do much this year in Kansas but its at the elevator. Thinking about holding it and waiting for prices to rebound.
I know soybean farmers took as big of a hit as any. Strange that with grains down, feeds went up.
I know soybean farmers took as big of a hit as any. Strange that with grains down, feeds went up.
3
Posted on 12/6/18 at 8:27 am to FelicianaTigerfan
At your personal storage or the buyer's storage?
Posted on 12/6/18 at 9:36 am to White Bear
buyers
Posted on 12/6/18 at 10:27 am to FelicianaTigerfan
Storage fees might eat you up.
I'm no grain marketer but I think it will take a while to see any material improvement in prices offered growers, that is if any price improvements materialize.
I'm no grain marketer but I think it will take a while to see any material improvement in prices offered growers, that is if any price improvements materialize.
Posted on 12/6/18 at 11:02 am to FelicianaTigerfan
quote:
Strange that with grains down, feeds went up
I've thought the same thing. I haven't noticed any cost savings in delivered bulk feed from our local co-op over last 3 years or so, but I've just assumed that wage increases, gas, vehicle cost, insurance cost, etc. may be what is cancelling it out. Thoughts?
Posted on 12/6/18 at 11:06 am to White Bear
quote:We usually don't go to storage and gamble on it paying off. Wife has been getting pressure from other family members to do it but im against it. We aren't rich enough to take that gamble
Storage fees might eat you up.
Posted on 12/6/18 at 11:09 am to Bleezy
quote:
I've thought the same thing. I haven't noticed any cost savings in delivered bulk feed from our local co-op over last 3 years or so, but I've just assumed that wage increases, gas, vehicle cost, insurance cost, etc. may be what is cancelling it out. Thoughts?
The money is going somewhere for sure. With the economy the way it is right now as it relates with low grain and fuel prices id think bulk feed would be down but its up from last year
Posted on 12/6/18 at 5:19 pm to FelicianaTigerfan
quote:You could check Delta Farm press or their mid-western counterpart to check for info on corn prices/futures.
We usually don't go to storage and gamble on it paying off. Wife has been getting pressure from other family members to do it but im against it. We aren't rich enough to take that gamble
I think milo is basically a thing of the past in N. La anyway. I hate it, very easy to lose to wind and/or a little rain.
Good luck.
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