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Beginners Board
Thin air prices for feed grains
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<blockquote data-quote="ManyHorses" data-source="post: 72812" data-attributes="member: 1016"><p>Just as I posted on February 19th, grain prices led by soybeans have had a dramatic runup in prices... not based on maket value but month end mechanics coming up on March 1st delivery date and dryness in South America depressing yields.</p><p></p><p>Soybeans increased from 5.56 bushel to 6.05 bushel... that's $2,450 for only 5,000 bushels... different numbers but same results for corn and wheat.</p><p></p><p>Now look for the grain markets to decline....</p><p></p><p>My point being... GET YOUR KIDS OFF TO COLLEGE MAJORING IN AGRI-ECONOMICS and <strong>they make these same analyses </strong>and help your farm <strong>way into their future</strong>.</p><p></p><p>Richard</p></blockquote><p></p>
[QUOTE="ManyHorses, post: 72812, member: 1016"] Just as I posted on February 19th, grain prices led by soybeans have had a dramatic runup in prices... not based on maket value but month end mechanics coming up on March 1st delivery date and dryness in South America depressing yields. Soybeans increased from 5.56 bushel to 6.05 bushel... that's $2,450 for only 5,000 bushels... different numbers but same results for corn and wheat. Now look for the grain markets to decline.... My point being... GET YOUR KIDS OFF TO COLLEGE MAJORING IN AGRI-ECONOMICS and [b]they make these same analyses [/b]and help your farm [b]way into their future[/b]. Richard [/QUOTE]
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Thin air prices for feed grains
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