Thanksgiving 2018

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I drove from PA to Denver NC today. 7.5 hours and enjoying a cold Hop, Drop and Roll IPA from NODA Brewing in Charlotte
 
Originally Posted by Mr Nice
https://amp.businessinsider.com/us-...otting-thanks-to-lack-of-storage-2018-11

I read the article and don't believe a word of it. Look at the price of soybeans on the board (CBOT now the CME Group). You don't leave unharvested soybeans in the field because storage is full. You find a place to store them. Pick up the phone and start calling, there is plenty of available storage out there, you just have to find it.
 
Happy American Thanksgiving, everyone.

Drive safe if travelling and don't overdo it with the turkey!
cheers3.gif
 
Originally Posted by wwillson
Originally Posted by Mr Nice
https://amp.businessinsider.com/us-...otting-thanks-to-lack-of-storage-2018-11

I read the article and don't believe a word of it. Look at the price of soybeans on the board (CBOT now the CME Group). You don't leave unharvested soybeans in the field because storage is full. You find a place to store them. Pick up the phone and start calling, there is plenty of available storage out there, you just have to find it.


I live in a large Kansas county that is mainly agriculture. I also read the article that claims farmers are plowing under their crops because there is no room for anybody to take in their crops. What a load of..well...you know what.
There are still a few farmers in my area that are harvesting and they actually wanted the local grain elevators open on Thanksgiving day! And yes, the elevator is currently taking all grain except wheat, which doesn't get harvested until spring.
The town nearest to me has train loading facilities and loads train cars, roughly 150 or so at a time. They are having no problems getting rail cars in, at least so far.
As far as the article comment about farmers plowing under their fields because no elevator has the room, you technically could leave your corn and possibly soybeans out in the field and harvest it in December or January. You would have a yield loss and quality would not improve, but it would give you more of an income than "plowing it under". BTW, I spent 80 hours this fall just trucking my brother's grain to the local elevator. This was in addition to my regular 40 hour a week job. Overall, the area farmers are pretty happy about this year's harvest, at least in my area.
I would like to research the political slants of the company that printed that article, but I'm not going to because I know how they lean just by reading it. . Edit: I changed my mind. https://en.wikipedia.org/wiki/Business_Insider
"Business Insider's CEO and Editor-In-Chief Henry Blodget is a Yale history graduate who previously worked on Wall Street until he was banned for life from the securities industry because of his violations of securities laws"
Happy Thanksgiving to all.
 
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