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Can grains bounce back if outside markets continue to struggle?
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FearlessGrainMarketi
Posted 9/24/2022 16:31 (#9859348 - in reply to #9858534)
Subject: RE: Can grains bounce back if outside markets continue to struggle?


South Dakota
jd8850 - 9/23/2022 23:11

90% of above comments are bullish. One thing I've observed over a lifetime of farming
When everyone thinks they have it figured out: more times than not it does the opposite. Many were bullish from January to July. Many held onto grain that was guaranteed to go higher. And they're still waiting

This is what happened with the crops we grow

Was. Is
Durum. $18. 8.50
Hrsw. 13. 8.50
Feed bly. 9. 4.00
Flax. 34. 15.00
Corn. 8. 6.00
Canola. 43. 26.00

So I'm not quite as bullish as some


I agree it makes sense to be a contrarian at times

Hopefully you are not giving the flax and canola away to adm or Cargill


And if you look at HRSW carry out in terms of days left it is substantially less then a year ago


With your local prices soft are you selling?
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