I always thought that markets lowered the prices just before harvest starts for a different reasons. 1) They know that a lot of operators need money for payments so they lower the prices.
2) Some farmers have pledged their crop to the elevator that financed seed, fertilizer & chemicals, so they have to sell early to pay off their debt.
3). Many farmers do not have sufficient storage to hold grains until price goes up again. We rarely ever hauled any grain to the elevator during harvest. We just stored the crop until the prices went back up, whether it was winter, spring or early summer.
The grain traders watch the markets for every opportunity to make higher profits.
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Today's Featured Article - Product Review: JB Weld - by Staff. JB Weld is basically an epoxy glue that does an exceptionally good job of bonding to cast iron and steel along with several other materials. As I mentioned, it is so common that I have yet to buy a tractor that did not have JB Weld used somewhere. It is sometimes used so well you can't tell its there and other times used as a sloppy quick fix. Finding where and how it can be used correctly is key to whether you are using it as an "inelegant hack" or an integral solution to difficult and expens
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