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FelicianaTigerfan
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Baton Rouge
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Will we see a jump in grain prices soon? ( China trade related)
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.


Huntinguy
Member since Mar 2011
1013 posts

re: Will we see a jump in grain prices soon? ( China trade related)
Sell it.


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White Bear
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re: Will we see a jump in grain prices soon? ( China trade related)
At your personal storage or the buyer's storage?


FelicianaTigerfan
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Baton Rouge
Member since Aug 2009
23500 posts
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re: Will we see a jump in grain prices soon? ( China trade related)
buyers


White Bear
USA Fan
NWLA
Member since Jul 2014
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re: Will we see a jump in grain prices soon? ( China trade related)
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.


Bleezy
Dirty South
Member since Sep 2018
77 posts

re: Will we see a jump in grain prices soon? ( China trade related)
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?


FelicianaTigerfan
LSU Fan
Baton Rouge
Member since Aug 2009
23500 posts
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re: Will we see a jump in grain prices soon? ( China trade related)
quote:

Storage fees might eat you up.
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


FelicianaTigerfan
LSU Fan
Baton Rouge
Member since Aug 2009
23500 posts
 Online 

re: Will we see a jump in grain prices soon? ( China trade related)
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


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White Bear
USA Fan
NWLA
Member since Jul 2014
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re: Will we see a jump in grain prices soon? ( China trade related)
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
You could check Delta Farm press or their mid-western counterpart to check for info on corn prices/futures.

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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