| Author |
 Topic Search  Topic Options
|
orangeonly 
Silver Level
Joined: 28 Feb 2011
Location: WV
Points: 77
|
 Post Options
 Thanks(0)
 Quote  Reply
 Topic: What caused the spike in corn?
Posted: 01 Apr 2011 at 8:09am |
|
It went up like 50 cents.
|
|
If it ain't orange it ain't worth ownin'
|
 |
|
Sponsored Links
|
|
|
KenBWisc
Orange Level
Joined: 15 Sep 2009
Location: Fall Creek, WI
Points: 1183
|
Post Options
Thanks(0)
Quote Reply
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!
|
|
kffischer
Silver Level
Joined: 26 Feb 2011
Location: mn
Points: 121
|
Post Options
Thanks(0)
Quote Reply
Posted: 01 Apr 2011 at 8:40am |
There is much still in the field around Central MN.
karl f
|
|
Andrew(southernIL)
Orange Level
Joined: 12 Sep 2009
Location: Metropolis, IL
Points: 1086
|
Post Options
Thanks(0)
Quote Reply
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
|
|
Gerald J.
Orange Level
Joined: 12 Sep 2009
Location: Hamilton Co, IA
Points: 5636
|
Post Options
Thanks(0)
Quote Reply
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.
|
|
CTuckerNWIL
Orange Level
Joined: 11 Sep 2009
Location: NW Illinois
Points: 22824
|
Post Options
Thanks(0)
Quote Reply
Posted: 01 Apr 2011 at 11:28am |
|
Printing new money to cover the federal deficit has a tendency to devalue the dollar too.
|
|
|
|
Lonn
Orange Level
Joined: 16 Sep 2009
Location: Назарово,Russia
Points: 29792
|
Post Options
Thanks(0)
Quote Reply
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
|
|
abbaschild95
Silver Level
Joined: 13 Feb 2011
Location: Colorado
Points: 149
|
Post Options
Thanks(0)
Quote Reply
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!
|
|
DaveKamp
Orange Level Access
Joined: 12 Apr 2010
Location: LeClaire, Ia
Points: 5871
|
Post Options
Thanks(0)
Quote Reply
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!!!
;-)
|
|
48AC/WD
Silver Level
Joined: 26 Feb 2011
Location: Virginia
Points: 106
|
Post Options
Thanks(0)
Quote Reply
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
|
|
