Monday, September 07, 2009 11:49 AM by: Anonymous
I am a city fat cat and grow corn to eat 7" by 16 rows. If we dont move all the corn we have the carry for 2010 will be 2.6 to 3.0 Talk about 1.80-2.00 prices for Dec 2010 contracts. Prices were at this level for years prior to 2005. The farmers did a great job of a record crop, the seed companies did a great job of hybrids. There is talk by 2015 of 190-210 yields for the average by the seed people.

Sunday, September 06, 2009 7:01 PM by: Anonymous
:(

Saturday, September 05, 2009 11:46 AM by: Anonymous
2 dollar corn 5 dollar beans

Saturday, September 05, 2009 1:55 AM by: Anonymous
This isnt a battle for acres, this is a battle for how cheap can we get corn from farmers. When farmers are holding old crop, and another crop coming in, it seems more like a battle of who can hold out the longest. Will the grain trade get a bunch of cheaper than expected corn or will farmers be able to hold out. When bob says these things how is it supposed to sit with producers. Why does it seem like every market advisor is a genius all of a sudden. Because they knew prices would go lower, because nobody priced enough at fair prices earlier. I feel like 2007 the cbot lost all of their f----en marbles and now we have to pay for it as producers. Dont act like some genius to me a producer when you created the problem of totally high prices, followed by everybody jumping on producers backs for quadrupling our expenses. Had we averaged $4.00to 4.50 dollar corn we all would have been better off. Set a mandatory price and junk the cbot.

Friday, September 04, 2009 10:45 PM by: Anonymous
Anyone who didn't sell $5 corn or higher was greedy...don't make up b.s. excuses. Now it is someone else's fault. Why don't you just go work for GM and wonder why your business model failed. This is why there are less farmers every year.

Friday, September 04, 2009 10:12 AM by: Anonymous
So, JR, what do you want, a medal or a chest to pin it in ? So you bought a year's worth of corn, big deal. How can you possibly make a statement wondering how corn farmers think ? They made decisions based on their business beliefs and so do you. You wouldn't be singing this tune had the economy not tanked. You'd be paying 5 dollars plus for corn and you will again. Anybody can look back and say what should have happened, the trick is to able to look forward and do the same. If you paid 7 dollars for corn and state that it's not profitable, I guess your forward vision wasn't any better than the corn farmers you're cackling about now. If you mind your own, you'll be busy enough that you won't have to worry about anyone else.

Friday, September 04, 2009 6:20 AM by: JR
I don't understand how some corn farmers think. As a dairy farmers and cattle feeder I have paid as much as $7.00 for corn. We all know that there is no profit left when feeding $7.00 corn. My neighbors bought new 16 and 24 row corn planters and booked potash at $900.00 per ton because they thought corn was going to stay high. Well now things are different, I am raising 150 percent of my feed needs plus buying a years supply of corn ahead. Instead of $300.00 per bag seed corn, I rotated my alfalfa fields and bought $125 seed corn. The big dairies and pig guys are also cutting back. We can't afford $5.00 corn and corn farmers can't afford $3.00 corn. This is a hell of a mess.

Friday, September 04, 2009 12:58 AM by: cobber
First, We have to realize how powerfull we are when enough of us farmers get together. Obviously, we will never all agree, and "unions" don't work:ie NFO. What we have to understand is that we don't need 100% of us to agree. Just think if we could just get 20-30 million acres nation wide to "strike". Look what just 1-2 million acre difference in USDA's # in corn or beans does to the market. Have you ever seen the Disney movie ANTS? The ants were the slaves(famers) to the grasshoppers(us govt. ADM, Cargill, Harvest States). The ants did all the work, collected the harvest of seeds just to have the grasshoppers come in and take it all, leaving just enough seeds for the ants to survive 'tiil the next year when they did it all over again. Then when the ants realized that by sheer numbers they could tell the grasshoppers to shove it, well everything changed. We need to be those ants and finally take a stand. WE do the work, WE own the land, We should decide weather we will continue to GIVE away the fruits of our labor and risks we take, or wake up and realize we hold the cards, Not them. If enough of us take the chance they are at OUR mercy, Not the other way around.

Friday, September 04, 2009 12:29 AM by: cobber
Before anyone orders seed or applies fertilizer this fall,ponder this. First buy July 2010 corn and bean futures. Second lets all take the year, (10) off, and not plant one acre. If we could start this movement, and take 40-50% of the U.S. acres out of production for 1 yaer we could literally name our price for corn and bean for years to come. By the way, those July 10 futures we buy now would more than cover all are expenses for next year. Hell, we could maybe retire just off those returns. Sound interesting?? I know I am.

Friday, September 04, 2009 12:07 AM by: Anonymous
How can anyone believe anyone? In a few short years the farmer will have their day and America will have to subdue to their greedy nature. Wait a minute, this happen already. Funds (one or two brokers) bought the ***** out of corn and beans and then sold them off like it was nothing. They made their millions at the hand of the BACK OF THE NATION, ( the AMERICAN FARMER). Well I say let them play the Board and the farmers finally unite in one. The Farmers Union didn't work in the 80's, but lets see what happens when farmers Unionize in this period of assfu^&*(g. If America likes to eat, drive, play, etc and then complain that everything cost so much, well shut up and pay for it. How and what do you think the farmer does? We can't wake up the next morning and go to work and think about the weekend and the paycheck we did nothing for! We the farmer work for a living and folks in town just work (if you want to call it that) When I go out and somebody asks me what I do, "Im a professional gambler, I break even 2 out of 3 years and survive 3 out of 5." I am only one farmer, but its time WE stop being at the mercy of the Chicago Board of Crooks!

Thursday, September 03, 2009 11:35 PM by: Anonymous
It is pretty simple. Most sat a target price that was at over slightly above break even. For most that target price never materialized. It is hard to keep selling our products below the price of production. If you are in an area where the basis is huge like it is here (-60 on new crop corn and -56 on beans) it is even more of a challenge to hit break even. Were these farmers being stupid or greedy like 8 O Clock suggested? No they were just hoping to cover their expenses. The reason they missed the boat was because the boat hit an iceberg and sank after the June 30th USDA report and never made it to the port. 8 O clock likes to use hind site so the real answer to this low market is that we should not have planted any corn and then we would not have to worry about frost, super wet corn that needs drying, harvesting at Christmas time and marketing.

Thursday, September 03, 2009 11:18 PM by: Anonymous
So most farmers haven't sold...I'm sure they have a much better idea what the total U.S. planted acreage number is, that makes sense

Thursday, September 03, 2009 8:00 PM by: Anonymous
It's obvious the farmer is just holding on and hoping his prices go higher. Farmers missed the boat on corn prices and they will wait until beans get cheap before they finally sell...they'll never let you down!