There is more down side risk than upside potential in this market. Thats not to say that we wont see a short term rally even higher. I'd start locking in prices over 6 for corn and 13 for beans if there is any way you can cover that with production. Last night on ag web they were saying that at current corn and feeder prices there was no way to lock in any profit with fat cattle. So, the fed market has to go higher or the rest have to come down. My guess, and thats all it is, a guess, is the market has gotten ahead of the economy.
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Today's Featured Article - Threshin Demonstration - by Michael Delaney. Introduction I bring you greetings from Prince Edward Island, Canada. We are Canada�s smallest province but big on farming. Maybe you�ve heard of us. Potatoes are our biggest crop. However, there is lots of mixed farming here also. I have a small mixed farm with 25-30 cattle. I make very good use of old machinery. I have a 135 MF Diesel, Farmall H and 1/3 share in an Allis B. I have complete lines of tillage and harvest equipment, and a saw gear etc. I have everything one would
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