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Distillers
Jun 27, 2019 20:39:44 GMT -6
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Post by 11111 on Jun 27, 2019 20:39:44 GMT -6
We got a call to purchase distillers grain. 60/ton delivered and we’re considering taking it all. We thought we’d see if we could just contract it out so we aren’t sitting on so much of it at one time but with the corn markets rising and surely being a shortage of grain this fall, we are worried that they may possibly shut the distillery down while prices are high.
Any thoughts on this? We had to line up some more corn stalks to grind with the distillers (we’re about a truckload short)...
Our other thoughts are, it’ll be hard to chop silage this year if corn remains high. Is anyone changing the way they feed this year with the current market?
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Post by okie on Jun 27, 2019 20:44:12 GMT -6
I've been wondering how long it would take to see people post stuff like this. I'd sure sit on it if you can. I have a hard time imagining it going backwards on price. I'm really scared about how things are going to look this fall.
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Post by 3LT Farms on Jun 27, 2019 20:44:36 GMT -6
I wish I had some input. Down here in Florida we don't have the same needs. 60 dollars a ton seems like a good deal if it will keep. Anything to keep a lower input cost seems like a no brainier to me.
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Post by jehosofat on Jun 27, 2019 20:45:36 GMT -6
I'm fine with everything going up as long as beef prices go up too.
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Distillers
Jun 27, 2019 20:50:06 GMT -6
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Post by 11111 on Jun 27, 2019 20:50:06 GMT -6
I wish I had some input. Down here in Florida we don't have the same needs. 60 dollars a ton seems like a good deal if it will keep. Anything to keep a lower input cost seems like a no brainier to me. We’ve bought in bulk before (40/ton last year) and it kept well. Just takes a bit to get it all mixed and packed well. |
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Post by randy on Jun 28, 2019 5:05:40 GMT -6
Feed goes up cattle goes down. Feedlots work on pretty slim margins. A lot of this will depend on just how short the corn crop is,
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Post by 11111 on Jun 28, 2019 7:39:23 GMT -6
Feed goes up cattle goes down. Feedlots work on pretty slim margins. A lot of this will depend on just how short the corn crop is, This is true. But what’s going to happen when we don’t have either? We sold all of last year’s crop as markets turned. Then bought back on the board. Made some good money there. Doesn’t make up for the money that’s been lost the last several years but if corn continues to rise and we don’t have the cattle numbers for slaughter, what happens? Do those who’ve held their cattle see a premium? I’m truly asking and it may be an ignorant post but call me ignorant. I don’t know trade. I haven’t weathered these storms like most have. |
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Post by okie on Jun 28, 2019 8:08:00 GMT -6
Speculation kind of works with feed and sometimes you can kind of make educated guesses with cattle but I've seen a lot of people get their ass handed to them trying to hold cattle guessing at where the market will be. About the only place it consistently makes sense is timing cattle to not be sold in the fall run when prices are almost always lower and even that doesn't always hold true. The time to sell is when you have some ready to sell. Sometimes you don't get the best price but sometimes you pump a bunch of money into them and wind up with a worse price than you would have had if you'd have just sold them. There's to much paper trading going on for a cattleman/woman to guess where the market is headed.
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Post by 11111 on Jun 28, 2019 8:12:35 GMT -6
Speculation kind of works with feed and sometimes you can kind of make educated guesses with cattle but I've seen a lot of people get their ass handed to them trying to hold cattle guessing at where the market will be. About the only place it consistently makes sense is timing cattle to not be sold in the fall run when prices are almost always lower and even that doesn't always hold true. The time to sell is when you have some ready to sell. Sometimes you don't get the best price but sometimes you pump a bunch of money into them and wind up with a worse price than you would have had if you'd have just sold them. There's to much paper trading going on for a cattleman/woman to guess where the market is headed. We always hit the April market on fats. Sometimes middle of May, like this year when the flooding just hammered our fats. They just didn’t grow as well. We’ll continue to do our thing, just making changes like the silage. Gonna be hurting a bit. Can’t have the best of both worlds. Put up a lot of grass already, so that’s good but we have a long season ahead yet and things are sure to get derailed. It’s not been a fun year. |
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Post by randy on Jun 28, 2019 16:05:54 GMT -6
Feed goes up cattle goes down. Feedlots work on pretty slim margins. A lot of this will depend on just how short the corn crop is, This is true. But what’s going to happen when we don’t have either? We sold all of last year’s crop as markets turned. Then bought back on the board. Made some good money there. Doesn’t make up for the money that’s been lost the last several years but if corn continues to rise and we don’t have the cattle numbers for slaughter, what happens? Do those who’ve held their cattle see a premium? I’m truly asking and it may be an ignorant post but call me ignorant. I don’t know trade. I haven’t weathered these storms like most have. Most of us will just hope for gains off other misery. I don't think i have seen a honest number on how many cattle have been lost to flooding and some blizzards on the northern plains. |
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Post by 11111 on Jul 1, 2019 11:39:25 GMT -6
They hauled in 10 loads yesterday. Not sure if they're bringing in more or not. The men should be grinding some hay to pack with it, today.
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Post by jedstivers on Jul 5, 2019 19:18:53 GMT -6
That for dry? If so I’d take every ton I could store.
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