Posted by boberjagel on June 09, 2016 at 05:35:02 from (216.254.250.225):
In Reply to: price of beans posted by stonerock on June 09, 2016 at 04:34:38:
I subscribe to marketing service.They said beans in the 8's all year.They said sell old beans and don't sit on them ,there is no news to drive them higher . Maybe 7's at harvest. Banker said dump olds beans , don't sit and wait because the interest will pile up. Dropped 80 acres of cash rented land because 8 dollar beans and 3.50 corn wouldn't pencil out.Talked land lords into selling old crop beans, because no upside in the future. Took less for some than could have had it harvest. Land lords think I am stupid and I paid a market consultant to make myself look stupid and lost 80 acres of land in the wake of it all. SOB
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Today's Featured Article - Show Coverage: Godfrey, Illinois Country Days - by Cindy Ladage. Except for last fourth of July's Old Gold show in Springfield, Illinois, I don't remember when it was so hot. Nevertheless, the heat didn't keep vendors and visitors alike from enjoying the third annual Country Day's Event. Jane Elliott said the event was originally a one man show. "Barry Seiler, owner of Country Town Farm Supply store used to invite people up to the Johne Deere store. He would give hats and a free meal for everyone that brings a tractor." Elliott said while this
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