Posted by kyhayman on May 17, 2011 at 07:13:37 from (99.197.64.56):
In Reply to: price out corn now ? posted by j heikemper on May 17, 2011 at 06:25:03:
I think its way over priced. Hot money flowing around looking for a home. The corn price is being driven by oil prices, which are trending down. End users, other than ethanol right now cant pencil out feeding corn, even with record high cattle prices. With the cattle herd record small, thats going to support beef prices. Class III milk futures were below 18 two months out and front month down in the 16"s. At todays corn prices thats pushing a lot of guys at the cost of production.
I"d have locked, or would lock on any rally I could find every bushel that you can insure. If you want protection against an explosive break out on the upside buy out of the money options.
There have been way more years when corn sold for less than 3.00 a bushel than years it sold for over 5.00.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
