Birchip Cropping Group | Improving the prosperity of farmers and agricultural communities
Farming Forum
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davidc
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 Posted: Mon May 28, 2012 12:38 pm |
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Joined: Mon May 28, 2012 12:30 pm
Posts: 2
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Interested to hear what decisions we are dealing with at the moment and then discussing the factors we need to take into consideration in making a good decision?
Cheers
David
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Klreilly
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Posted: Mon May 28, 2012 3:54 pm |
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Joined: Wed May 23, 2012 10:03 am
Posts: 1
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Wheat prices seem to be on the move again. Is it a good time to sell grain from the 2011 harvest?
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davidc
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Posted: Thu May 31, 2012 12:16 pm |
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Joined: Mon May 28, 2012 12:30 pm
Posts: 2
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Lots of parameters in that question hard to make an informed decision without the facts. As discussed on the night. We need to know - 1. Cost of Production. 2. Selling Options – Logistics, Legalities, Risk Exposure.3. Price knowledge – Drivers, Historical Prices and personal risk preferences how much of a punt are you prepared to take.
The first thing is not to increase production risk - that is lock in prices based on deliveries that might or might not happen.
Whats the general view from the 'experts' about where prices are heading?
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