Combines soybean outlook

Red_Greene

Guest
Yes your right the bean market is going up but why did it have to be so low in the first place. Tell me another industry where price was higher 30 years ago to what it is now. ($10 dolllar beans in the 1970's) On the other hand we got a good start on harvest and the yields are20% lower than last year. I consider myself lucky since we had very little rain in July and August.
 

JWK

Guest
let's start talking $8.00 beans to every one and tell them we need that price.....Jack In Central Minn.
 

Tango

Guest
Southeastern Iowa I have heard of 11-40bu with normal being 50-60. I am running 20bu under my 5 year average. We here of all the poor yields, I was wondering if there is a percentage of farms that are getting normal yields.
 

casefan

Guest
I think we have clarified the bean yields for the most part. POOR. My question is how the corn is doing. My feeling is that it handled the heat and moisture stress better than the beans. Is this true for most people or not. The early corn we took was probably 10-20% short of average, but better than expected. We received no rain at all for 68 days from late June to early September. I'm amazed we had anything at all.
 

Greengoose

Guest
Hey Ripped so how many acres of soybeans do you have to doIJ I heard you're in the custom work business.
 

ripped

Guest
Started two years ago with the custom work so we are still gradually building our customer base. As of last week we had 550 +_- acres booked for.
 

Greengoose

Guest
Ripped in two years how can you gain that kind of customer baseIJ But then again with such low rates no wonder you picked up that much work. Please I'd like to know how you make it pay when you run a buggy and a combine with two men .. at $32_acre. You must like destroying other custom operators lively hood by doing this for fun and paying for your combine with your milk checks.