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Farmers hanging on to their stored crops
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dvswia
Posted 12/22/2007 15:19 (#266192 - in reply to #265974)
Subject: WE HAVE A WINNER


sw corner ia.
I know guys who have most of their crop sitting in a bin that hasn't even had any air put on it yet holding for the holy grail but when the market goes higher, they are sure it will go higher yet.

Reminds me of the stupid human trick show "Deal or No brains, I mean No Deal".

I have about 40% sold cash as of yesterday, 10.16 beans (missed a buck) and 4.20 corn (very good start). The rest is unsold in my bins, but I am thinking most of this will get moved before april. I sell nothing ahead. (most disagree with this, and they will get no argument from me, I am just too chicken)

All the market needs to go T.U. is for some idiot in Washington to mention the word EMBARGO. I have a lot riding on that grain and cannot afford to let it get away on a whim.
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