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Is the grain bear market over?
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Mbmaring
Posted 2/4/2019 16:58 (#7296796 - in reply to #7296563)
Subject: RE: Is the grain bear market over?



North west MN
dpilot83 - 2/4/2019 13:26

Thanks. I wasn't necessarily talking about 2019 pain for corn growers. Like I said, I'm bullish short term to mid term. I just think that in general, the job of the market is to extract every last ounce of pain from a producer that it can. The market drives us to be efficient and competitive. I believe eventually the market will extract as much pain from corn producers as it already has from wheat producers. I just don't think it will be this year.



I hope your right on the wheat pain being over would be nice to see some price improvement on wheat.
On the beans I hope we can ge a decent trade deal and get our basis back along with futures. When you talk about the market extracting pain from producers makes me think about the beans this year it would have been painful without the mfp payment thank God for that. But in coming year we have been told to adjust expenses as there will not be another mfp like payment. So where do you adjust the expenses on beans?
seed is tough to adjust could cost yield.
Land rent is tougher to adjust.
Chemicals well with resistant weed heading our way tough also.
So might be some more pain to be inflicted on the bean producer and I hope I am wrong.

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