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They say the market won't go up
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Posted 9/26/2016 09:03 (#5549728 - in reply to #5549724)
Subject: RE: They say the market won't go up


Buxton ND
Durum was the hot market last winter right ?
Farmers usually do what farmers do best.
Durum seed was REALLY hot, if you grow seed you made a killing = more acres planted
Exports were a big driver last year.
Exports of are less then half y-o-y currently.

The other mega hot market of last winter were Pea and Lentils. Never in my life have a heard so many folks talk about a very minor crop,,, guess what,,, its been flushed right down the toilet.

There is only one market left that has NOT been flushed and that WILL do a super duper hydra flush roughly 1 year from today.
And I can already see some producers playing the RMA game here just like they did in 1988
THOSE BIG SPRING RMA PRICES have a way of driving what ever right in the SUPER DUPER HYDRA FLUSH MODE.
I would say will played Uncle Sam, will played,,,,,,,,,,, will played into your "cheap food policy" end of rant.
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