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Tractor Talk Discussion Forum

Grain prices at the elevator

1936 · 2007-09-21

Watseka, Il. 9/15/07 Corn 3.17 Beans 8.71. What's the story on A-Way ? What's the story on A-Way ? The state pulled their grain license, gave them a week to sell the business which they did. All grain contracts are void. Fertilizer customers that prepaid will get 75% of what they prepaid. All the grain storage and farm delivery people will get paid by the grain insurance fund, about $2.7 million. Unsecured creditors will get nothing. It appears that A-Way LLC will or has filed bankruptcy. The state pulled their grain license, gave them a week to sell the business which they did. All grain contracts are void. Fertilizer customers that prepaid will get 75% of what they prepaid. All the grain storage and farm delivery people will get paid by the grain insurance fund, about $2.7 million. Unsecured creditors will get nothing. It appears that A-Way LLC will or has filed bankruptcy. Corn is $3.80 and wheat is $7.59 this morning in Texhoma, OK. Wheat got up to $7.85 cash a few days ago, but that was as high as I saw it. HH Corn is $3.80 and wheat is $7.59 this morning in Texhoma, OK. Wheat got up to $7.85 cash a few days ago, but that was as high as I saw it. HH And to think that I just buried some of that high priced wheat in the ground a week ago. :>( Guess I'd better get the truck around and haul the rest to town. Allan And to think that I just buried some of that high priced wheat in the ground a week ago. :>( Guess I'd better get the truck around and haul the rest to town. Allan At least that wasn't 6-8 year olde seed like that guy on there the other day....he'd better sell that batch! At least that wasn't 6-8 year olde seed like that guy on there the other day....he'd better sell that batch! Delphi, IN -- 9/21 Corn $3.31 Beans $9.29 Delphi, IN -- 9/21 Corn $3.31 Beans $9.29 Wow, percentage wise, which has increased the most per bushel? I also hear wheat is at or close to $9.00. That seems awful high, great, but high, or am I mistaken? Here is Goldnplump for 9/21 opening Corn -------Cash-- N/C2007--March 08---Ju-Jly 08 Sauk Rapids $3.34--$3.34-----$3.50----$3.63 Arcadia-----$3.14--$3.14-----$3.36----$3.45 BEANS Sauk Rapids $8.50 $8.50 Wow, percentage wise, which has increased the most per bushel? I also hear wheat is at or close to $9.00. That seems awful high, great, but high, or am I mistaken? Here is Goldnplump for 9/21 opening Corn -------Cash-- N/C2007--March 08---Ju-Jly 08 Sauk Rapids $3.34--$3.34-----$3.50----$3.63 Arcadia-----$3.14--$3.14-----$3.36----$3.45 BEANS Sauk Rapids $8.50 $8.50 Wheat is odd - it is high priced _now_, but next year's crop price is not so hot. They are buying acres. Few have any wheat left to sell in the bins. Bidding acres for next year with a big carrot for this year, but less reward for actually planting more wheat..... Going to be interesting to see what corn & beans do - acre bidding war there too, or will the govt/ South America step in with plans that dash it all to heck? --->Paul Wheat is odd - it is high priced _now_, but next year's crop price is not so hot. They are buying acres. Few have any wheat left to sell in the bins. Bidding acres for next year with a big carrot for this year, but less reward for actually planting more wheat..... Going to be interesting to see what corn & beans do - acre bidding war there too, or will the govt/ South America step in with plans that dash it all to heck? --->Paul I'm thinking like you Paul...it's an acreage war all the way. The wheat market might fool some folks...but next year's price isn't at all competitive yet...needs a couple more dollars in there. I'm thinking like you Paul...it's an acreage war all the way. The wheat market might fool some folks...but next year's price isn't at all competitive yet...needs a couple more dollars in there. Corn 3.31 Beans 9.32 Paxton, IL Corn 3.31 Beans 9.32 Paxton, IL Corn 3.31 Beans 9.32 Paxton, IL Ludlow Coop John am I reading that you have to take there basis off that price you quoted us, If not you guys got a heck of a bid. The price I quoted is what would end up with in my pocket if they picked up on my farm. Gary John am I reading that you have to take there basis off that price you quoted us, If not you guys got a heck of a bid. The price I quoted is what would end up with in my pocket if they picked up on my farm. Gary No, the basis number is just there for information. The cash bid to the farmer in Paxton at this very minute is Corn-$3.33, Beans-$9.28. Our CIF bid will kick IA bid every day unless barge freight gets real cheap. No, the basis number is just there for information. The cash bid to the farmer in Paxton at this very minute is Corn-$3.33, Beans-$9.28. Our CIF bid will kick IA bid every day unless barge freight gets real cheap. corn $3.20 beans $9.28 corn $3.20 beans $9.28 corn $3.20 beans $9.28 Chestnut farmers grain Ia City, Iowa 9/20/07 Corn-$3.10 Soybeans $8.94 Gary Ia City, Iowa 9/20/07 Corn-$3.10 Soybeans $8.94 Gary

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1936

09-21-2007 04:28:54