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| AgJournal |  Home | February 4, 2012 |
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WIND: Your Own Utility
Nuclear Energy Alternative, Renewable?
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Get Port Bids For Better Picture Of Grain PricesHow do you get that snapshot of "world" from "home" grain prices that can give you a better feel for price trends? Marketing is any farm operator's biggest challenge, often shaping profit-loss by as much as a 30% price swing. Keep in mind you are always playing against the "house" of two biggest factors, supply and movement. Who owns either at any one time check is how the game dynamics make that P&L rise to top of your priority. Weather is not in our control, but most of the rest of the short list bears on choice. Consider this--Four basic areas (East Coast, West Coastal, Gulf Ports, Interior to St. Lawrence) make U.S. markets weekly. Those can be thought of as "Four Zones" of Interior Great Lakes (Chicago, Toledo, Duluth to St. Lawrence); Ocean access (Atlantic and SE Ports, Gulf Ports, Pacific Ports such as Portland and Washington). Once you think of these four categories it is easier to see the price structure in terms of cost to move to "Deep Water". Here is a direct link you can go to to see the simple chart of weekly prices posted by USDA: USDA Ocean-Interior Grain Prices Ag Journal Staff Report |
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