Doesn't matter now, sold the milo last Thursday for $5.51 Heard reports of year end profit taking may drive the price down. Can't pay storage forever. Sold the wheat last summer at $4.25. That included the 2009 crop we were sitting on. It is now up to $7.50. Oh well. I remember the last time wheat approached $10. I waited and then it dropped. Sold it for $4.80 after it had been around $9. I give up on thinking about hitting the top and maybe best policy is to sell across the scale. In light of past performance, forward contracting may be on the horizon to lock something in. Other than that, I read the markets should remain strong for a while and generally follow the price of oil. There will always be peaks and valleys.
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Today's Featured Article - Talk of the Town: Miracle Formula for a Stuck Engine - by Edited by Kim Pratt. Another great discussion from the Tractor Talk Discussion Forum. The discussion started out with the following post: I have a stuck 4 cylinder engine. Two pistons right at the top, other two down. From underneath everything looks good. Up top looks bad. Thanks in advance."
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