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Buxton ND | Adding some things after reading the post above
Maize and I preach "Target Orders", there pretty simple, apply them and KEEPING them in place with the sumers rain rally is the hard part.
I see NO reason at this time to have orders in place for 2017 in this falling/down/trending market but that's just me.
Kevin way is very in depth and do not do it, more just "wing it" I'm not the spread sheet guy ! ! !
Sorry SWKS I farmer many years when $50-100 profits were way more then a pipe line dream.
On MY STO farm (yes I do have one for really) east of Buxton ND half ways between the Red River and I-29. I have made some comments over the years in here and AW to "throw off" my location a tad :o)
On MY farm Crop Insurance is one file*****
Marketing is ANOTHER*****
I could care less what the RMA spring price is when it comes to marketing, it IS NOT and WILL NEVER be in any way shape or form ANY KIND of "A Market Price Floor"**********
Back to target order this past summer,,,,, this is where to tough part comes in comes, TUNE OUT much of the info you hear/see/read as to how BULLISH IT WAS. MANY. Much info you here is from someone looking for rating (TV AND RADIO ratings, RATINGS = EQUALS ADVERTISING DOLLARS looking for YOUR business and looking to profit from YOUR marketing. Now this may or may not tick off some/few and not in NAT but I'm usually on someone poop list anyways ! ! !
OK that was a little blunt yes, I do not "beat around the bush" I'm NOT looking for you biz as a broker, I'm NOT looking for your biz
as in selling a marketing service*** NOW,,, if you have duck/geese/pigs someplace warm in the winter months, want some personally help or a small little "Risk Management Meeting" I have guns/ammo/car, love a good road trip seeing different country, seeing and learning how other areas do things. BEER, RIBEYE'S crop tour/farm and BS is fun***** Last winter got to see alot of that prime north I-80 stuff, thought it would be flat and really got a surprise with all the terracing in NW/Western Iowa, those "hills" were really fun about 90ish for a flatlander.
Sorry Kevin, right now if one is sitting with a bunch of UN-priced grains, COP mean nothing, remember I am different. To the traders in Chicago or wherever,,,,, IT MEANS ABSOLUTE NOTHING***** They could care less if your COP is 1.97 or 4.97 ZCZ,,, THEY DON'T CARE*****
SO EVERY marketing meeting I've been to, I hear "known your COP of YOUR farm"...... Traders could care less what we hear. Again sorry for the blunt and do not mean to rude but it is what it is......
What traders/investors in/spec money of, ARE looking at and HAVE BEEN looking at is, increases in world wide stock of grains the last 3 years. This goes double with UN-REAL CHEAP ocean freight and the currencies exchanges. | |
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Grain Marketing questions, anyone using Al Kluis?
