Seems it will do something drastic - but up or down? That's the question.
Sounds like a lot of grain was already sold, those of us holding some are holding pretty tight. If someone needs to buy, they need to move it up.
If the dollar remains weak, our grains look cheap to other countries so the 'high price' doesn't look very high from their side.
Two things are gonna control this grain market in the next 6 months:
Weather - here and in South America. This short term rise this week is a dry South America - they catch rain & things go down again. For the momet. But any dry spells in March/April in USA and back up she goes!
Govt - if grains spike up higher, will they fel the need to 'do something' to control food prices. Drop ethanol support, open imports to sugar, open CPR land, embargo grain sales. Any of this has long term & devistating results to USA ag.
There will likely be an early spring bidding war for grains - food wheat, corn, and soybeans will all appear a bit short at different times, and will run up the CBOT price looking for more acres of that crop of the wek.... But will we be at current or lower prices when that run-up happens?
I'm sitting here with 1/2 my corn & beans, shaking my head, why don't I sell? But them it goes up another nickel.....
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
... [Read Article]
Latest Ad:
Oliver 550 Diesel runs like a watch three point hitch pto engine gone threw about two hundred hours ago nice clean tractor
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
