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How the volunteer paid set aside will work.
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JonSCKs
Posted 12/5/2016 08:54 (#5677059 - in reply to #5677033)
Subject: "It's a beautiful thing."


Looks like we might have run the dollar up a little too fast on these expectations...???

Currently the dollar is lower..  could change again but down as of the last time I looked..

As far as over seas competition.. we had HIGHER MARKET PRICES then we do Today.. wasn't a problem then.  Truth be told the US has had just as many complaints of DUMPING cheap grain into area's which have higher production costs..

The Soybean market seems to be a little goosey today on the threat of production problems (or is it demand?  or both..??) we're gonna flex acres into beans this year.. no doubt.. but then what?

Are we looking at Soybean LDP's in the future?  If so that would be what.. $1.50+ lower than we are today...???

small changes.. as you note.. right now the funds are short how much wheat?

( http://www.cftc.gov/dea/futures/ag_sf.htm )

199,658 contracts vs 77,729 long.. they are net short 121,929 contracts or 609.6 myn bushels of wheat in CHICAGO SRW Wheat.. (golly do we even Raise that much SRW?

Why?

Look ya'll won.. take your $$$ and Go... at this point we aren't gonna fertilizer it.. a lot will harvest the crop with a fence and a bovine.. "the heck with this." 

Let Market forces work.. but enough with the heavy hand of the funds... 609 myn bushels Net SHORT...  really think it can go to zero? 



Edited by JonSCKs 12/5/2016 09:01
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