What caused the spike in corn?
Printed From: Unofficial Allis
Category: Allis Chalmers
Forum Name: Farm Equipment
Forum Description: everything about Allis-Chalmers farm equipment
URL: https://www.allischalmers.com/forum/forum_posts.asp?TID=28323
Printed Date: 01 Mar 2025 at 1:16pm
Software Version: Web Wiz Forums 11.10 - http://www.webwizforums.com
Topic: What caused the spike in corn?
Posted By: orangeonly
Subject: What caused the spike in corn?
Date Posted: 01 Apr 2011 at 8:09am
It went up like 50 cents.
-------------
If it ain't orange it ain't worth ownin'
|
Replies:
Posted By: KenBWisc
Date Posted: 01 Apr 2011 at 8:22am
USDA report listing lower stocks than anticipated.
-------------
'34 WC #629, '49 G, '49 B, '49 WD, '62 D-19, '38 All Crop 60 and still hunting!
|
Posted By: kffischer
Date Posted: 01 Apr 2011 at 8:40am
|
There is much still in the field around Central MN.
karl f
|
Posted By: Andrew(southernIL)
Date Posted: 01 Apr 2011 at 8:44am
Only reason why it went down was cause they used the Japan crisis as an excuse to lower it. The stock hasn't been there all year but they found a reason to lower it to scare some people into selling. Supposedly they have also sold a bunch to an unknown destination, prolly being Japan, but they saying its unknown on the last report I got
-------------
If fishing is a sport your looking at an athlete
|
Posted By: Gerald J.
Date Posted: 01 Apr 2011 at 11:01am
The latest official USDA forecast says the old crop will practically run out before any new crop is harvested. Demand exceeds supply. New crop hasn't risen as much today.
Gerald J.
|
Posted By: CTuckerNWIL
Date Posted: 01 Apr 2011 at 11:28am
Printing new money to cover the federal deficit has a tendency to devalue the dollar too.
-------------
http://www.ae-ta.com" rel="nofollow - http://www.ae-ta.com
Lena 1935 WC12xxx, Willie 1951 CA6xx Dad bought new, 1954WD45 PS, 1960 D17 NF
|
Posted By: Lonn
Date Posted: 01 Apr 2011 at 12:02pm
Also they want to steer the farmer into planting lots of corn this spring. I think I'll plant some soybeans this spring. It seems to me that doing the opposite of what the USDA says is the smarter thing to do after 20 some odd years of dabbling in farming.
-------------
-- --- .... .- -- -- .- -.. / .-- .- ... / .- / -- ..- .-. -.. . .-. .. -. --. / -.-. .... .. .-.. -.. / .-. .- .--. .. ... -
Wink
I am a Russian Bot
|
Posted By: abbaschild95
Date Posted: 01 Apr 2011 at 12:31pm
i dunno but as a farmer i sure enjoy it. forward contracting is a great thing....
-------------
Great-granfather's WC---- hopefully many more to come!
|
Posted By: DaveKamp
Date Posted: 01 Apr 2011 at 12:35pm
cause the tree-huggers were getting shot while spiking trees, so they headed to Minnesota and started spiking corn.
next thing, Minnesotans will start spiking drinks!!!
;-)
|
Posted By: 48AC/WD
Date Posted: 06 Apr 2011 at 9:04pm
|
Last time i went to MN with my buddy , we were in uniform, i think the girls are already spiking drinks up there, lol
|
|