bumper crop of beans

where ever you read that, call them on it! make them explain how they figure what! put them on the spot, maybe peop-le won't trust them anymore on what they say/predict. a letter to the big farm magazines work real well!

Trying to con speculators?

Guys behind a desk that NEVER seen a bean or corn plant dictate what price you will be paid. ----That plus the political side of it, and no you don't stand a chance of making anything. ---Nother reason to quit farming, let the bastards starve!

Shameless go fire the machine, an get the site right so you hit the  target. Now bury the office where the trades on the Chicago futures are run from. If you get them rally covered so they cannot see out the windows,  should have them snowed. So they think the crop is done for the year. But farmer have to be ready to sell  and once it gets profitable you got to sell and not get greedy and want even more. Cause you know Shamers will take a  nap and snow will melt off their windows, game over.

The farmer will never gain control. The potential advantage is there, but you’re talking thousands of independent operations with their
own motivations. Get a group together, reach an agreement, and you don’t know who had their fingers crossed behind their back. Classic prisoner”s remorse game.

Figures...I’m bean heavy this year.

HA HA   Kansas99   I just off set you.   I planted corn this year first time in 6 years.   I just had to rotate some land that had been in beans for 5 years.

China/Trade
 
Reuters reported that China’s Commerce Ministry has instructed both state-owned and private importers to increase inventories of soybeans, soybean oil, and corn in case a second coronavirus wave disrupts global supply lines. The virus is surging in Brazil, so China may be concerned about ports remaining open there. Also, China has put their province of Jilin, with a population of 108 million, back under lock-down after a new outbreak near the Russian border. So perhaps they are also concerned about the possibility of a second wave in China shutting down ports and interrupting imports.
 
China has placed anti-dumping and anti-subsidy duties on Australian barley imports, claiming damage to its domestic producers, although the real reasons include Australia’s call for an investigation of China’s COVID-19 response, and Australia’s banning of Huawei equipment in its developing 5G broadband network. China has been Australia’s largest export customer for barley, accounting for more than half of its overseas sales. Last month China threatened a boycott of Australian beef, wine, universities, and tourism, and suspended beef imports from four Australian processing plants.

jaybmiller wrote: re: It is getting bad no matter what I plant,  just not much hope of making any money.    Not much enthusiasm for farming anymore. It's too bad ALL farmers couldn't just farm old skool..subsistance ? farming, where you grew/raised enough to feed themselves and pay off taxes, etc. Instead of 1000 acres of beans or corn , just 50-100 acres of quality food for themselves and excess to barter for other stuff. yeah, I got rose colored glasses on... it's always upset me that farmers work HARD but get paid lousy. It'd be interesting if  several million acres went fallow and farmers lined up for all the 'free cheese'....

Would be just like Russia is!!

So many are caught up in the debt cycle as that became the norm, plant Big, harvest reasonable but sell low, loans to plant almost not enough to repay as harvest so more loans to survive. Sad but true.

To stop now would be economic chaos for lending institutions that would ripple out or 'Trickle Down' into the general population. One of the main reasons of Crop price controls so that farms remain productive/producing as they are.