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Grain Market & other stuff |
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AC7060IL ![]() Orange Level ![]() Joined: 19 Aug 2012 Location: central IL Points: 3469 |
![]() ![]() ![]() ![]() ![]() Posted: 17 Jan 2024 at 9:14am |
Here's a plug for a good daily grain market listen(10-12minutes?), if that interest anybody. Joe & Mackenzie do a great quick over of whats happening here in the US & around the world as it concerns grain markets. Great way to enjoy your morning coffee. Edited by AC7060IL - 17 Jan 2024 at 3:16pm |
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DougG ![]() Orange Level ![]() Joined: 20 Sep 2009 Location: Mo Points: 8247 |
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Sorry but these 2 sound like a couple amatures in this farm market reporting,, ,,, geesh --Farmer Dave on 550 KTRS- had some real gloom + doom future numbers this morning,, beans real low close to $10.00 in a year out
Edited by DougG - 17 Jan 2024 at 7:00pm |
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dr p ![]() Orange Level ![]() Joined: 24 Feb 2019 Location: new york Points: 1301 |
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Beans were down 21 cents at lunch on march futures. Think someone was wondering if they should sell at 12.20 this fall. They are below that now. Brazilian crop got the rain it needed and,of course, usda underestimated us yield. Actual was over 50 bu per acre
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AC7060IL ![]() Orange Level ![]() Joined: 19 Aug 2012 Location: central IL Points: 3469 |
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Todays talk link(13 minutes). Panama Canal needs rain. SA harvest season could be muddy?
AC forum shows 214 views on last Wednesday’s first post’s link. https://m.youtube.com/watch?v=W4txO6MnGAk&pp=ygUdZ3JhaW4gbWFya2V0cyBhbmQgb3RoZXIgc3R1ZmY%3D Edited by AC7060IL - 19 Jan 2024 at 1:55pm |
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AC7060IL ![]() Orange Level ![]() Joined: 19 Aug 2012 Location: central IL Points: 3469 |
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Here is a 10 minute YouTube link that discusses many impacts of the Panama Canal’s 2023 drought conditions and how it affects grain cargo ships leaving New Orleans or any other world port and being “light loaded.” 336v
https://m.youtube.com/watch?v=JS_pnCWNb4Y&pp=ygUZcGFuYW1hIGNhbmFsIGRyb3VnaHQgMjAyMw%3D%3D Edited by AC7060IL - 23 Jan 2024 at 7:34am |
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DMiller ![]() Orange Level Access ![]() Joined: 14 Sep 2009 Location: Hermann, Mo Points: 33133 |
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Problem is BAD Engineering to ADD more Locks to a system that was Just at Capacity. CAN reuse SOME Lock water but are now using 1.5 times of design.
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AC7060IL ![]() Orange Level ![]() Joined: 19 Aug 2012 Location: central IL Points: 3469 |
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Here's a 10 minute link video about current world Rice production. Anyone here on the AC forum grow rice in the US states of Arkansas, California, Louisiana, Mississippi, Missouri, or Texas? 519v
Edited by AC7060IL - 29 Jan 2024 at 8:12am |
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AC7060IL ![]() Orange Level ![]() Joined: 19 Aug 2012 Location: central IL Points: 3469 |
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Here's an 8 minute video link to the upcoming weather across the US. Great snows to possibly benefit the Sierras & Rockies. No "Arch storm?" 608v
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AC7060IL ![]() Orange Level ![]() Joined: 19 Aug 2012 Location: central IL Points: 3469 |
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Here's the latest news release 2 minute video from CaseIH about their AF11 first-dual rotor combine. They're calling it a class 10-plus combine with 775hp engine, 567bu grain tank, & 396 gallon fuel tank. 754v Here's a couple of article that list some of its specs.
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DougG ![]() Orange Level ![]() Joined: 20 Sep 2009 Location: Mo Points: 8247 |
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Yup some very simple head shaking going on-
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DMiller ![]() Orange Level Access ![]() Joined: 14 Sep 2009 Location: Hermann, Mo Points: 33133 |
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Do NOT care that this is how ALL US farms are geared up, Corn Beans Wheat, the Cycle HAS TO STOP. Not making anyone but the equipment makers any money, all specialized to CBW, where break that chain and MAYBE just MAYBE those that cannot can make some decent money.
Did US farmers NOT Learn anything of the Wheat abundance that destroyed KS Farms prior to the Dustbowl where the Increase in production lands did nothing but destroy those farms along with much of the Midwest Farms??? If is NOT making money to survive on, CHANGE.
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