Month: October 2008

Collect Your Grain Samples

Now that harvest is complete there is still some unfinished business. It is always best to collect your grain samples know and make sure that you have them graded to ensure that your broker or elevator agent has your grades on hand. This will allow you to take advantage of short term price spikes throughout… Read more »

Cash is Not the Only Determining Factor

I had a great conversation today with a fellow farmer in Saskatchewan. We talked at length about the significance of the commodity prices hitting the floor boards again. Is the sky falling versus there may be some opportunities for those that do not panic sell. As I have mentioned before these are challenging times that… Read more »

Why Are Pre Buys on Fertilizer Down

As I talk to customers it seems that there must be lower amounts of fertilizer being purchased this fall. I think that there is less fertilizer being purchased for a couple different reasons. One is that there was a significant amount of equipment and infrastructure purchased by farmers in the spring while prices were double… Read more »

Incremental Always Works

This is a real tough time to be farming and raising livestock. We are in a time of severe turmoil and volatility in regards to pricing or inputs and production. You need to be an expert in so many things that it is truly difficult to know what is over exuberance and what is based… Read more »

Which Way Will It Go?

This could be a very interesting week in the commodities market. Harvest pricing pressure is one thing but this has been a really tough run for all farm commodities. For all you barley growers, pay attention to corns apparent fall to $4 and whether or not canola can finally find a support level that makes… Read more »

Fertilizer Pricing is a Puzzle

I spent a an hour today talking to several people who understand the fertilizer market better than myself. I am trying to get a better handle on where the price of urea is going to move between now and spring. Common sense tells me that is corn is going to drop between $4 and $5… Read more »