Posted 5/15/2019 14:57 (#7498696 - in reply to #7498455) Subject: RE: How are our trade relations with India?
Starbuck Manitoba Canada
Bigontario, yes, for the most part this is a weather market. If the rain totals are correct, this is not the top. Price should get to the top of the range set over the last 5 years of $4.20-$4.50 anything beyond that price is a real bonus. Some on here talk of multiple year sales which is a good idea on at least 30%-50% of annual production.
Continued selling of old crop should be done as we move up maybe 10% every dime.
It's all a what if scenario right now. What if this weather pattern continues for another 6 weeks, 8 weeks 10 weeks. Unprecedented situation.