Corbin Catt / Catt & Crew Farms

@DrLonhorn I guess you’re long and wrong.

@cb_catt Stick to field work

I know many of us farmers always hope for both high yields and high prices, but the two often aren’t correlated. I frequently find myself asking what factors could positively or negatively influence the market and, more importantly, the timeframe in which those outcomes could impact my position. There are many out there turning bullish and buying back small % hedges based on recommendations. Now, pure speculative position’s with 100% risk-reward. Some of those hedge positions have been interesting to watch. Yes, we can debate acres, yield and drought. This happens every year. June is just around the corner.

@DrLonhorn I’m good. Thanks for the compliment.

@cb_catt Care to explain wheat then genius?

That's how guys end up speculating on grain already sold, which begun as a small percentage of volume. Corn deflated by inputs are near a multidecade low, but cheap can stay cheap for a very long while. It's a relative value demand relies on the cheapest source. The new catalyst and timeframe is my concern for the CBOT, not the individual fields across the map.

@cb_catt Buying back positions as producer isn’t good. Much better ways to manage with less risk. However, grain prices aren’t high in terms of inflation, energy prices, summer weather, etc. Does that mean we have to rally strong from here, no. But grains are still relatively cheap.

@TheGrainiac I was offered eggs at 30 cents per dozen this past week.

But eggs!!!

@ISU145 Percentage?

@cb_catt Yup, they are

Can’t be good for the open. Are corn and soybeans still correlated?

@AgDaddy63 What’s the population?

Where it's great it's good and where it's not... well it's not

We can’t miss a rain this spring. The gauge shows 2.5”. We have a dry ditch south of the house w a small bridge (4x8) that’s always been too small when we get heavy rain. It might catch up to 600 acres of run off. When it rains, the bridge backs water up, floods our field and out the gates, hundreds of feed from the bridge. It’s not the normal path.I don’t understand why the district won’t install large a culvert. The creek pictured is of a bridge a mile south, same creek. I’ve only seen that bridge flood once. It’s close to 20 cubic feet/ 60,000 gallons.

@591actual @mopaksus I’m sure they have reasons but I’d like to understand during a crop failure

@cb_catt @mopaksus I’ve asked numerous times and the best answer I’ve ever gotten is “we just don’t do that”. Alliance Ag and Grain based out of Spearville btw.

Do a better job marketing. I’m 35% sold on wheat aph. It’s looking like I won’t harvest a bushel

@591actual @mopaksus What is their rationale? Especially if there isn’t a crop.

@cb_catt @mopaksus My local elevator will absolutely not let a guy roll HTAs. It’s real stupid.

It’s nice that they switched to longer pins without listing it. I wonder why they removed the keyholes on the lower bracket. Seems like an unnecessary design changes, but I guess companies have to keep changing things to protect margins.

@PlsntVlyFarmer I could agree more. 4. Be careful of your influence

Young women, if you want to stand out from your peers, here’s my best advice: 1. Do NOT get a tattoo. Ever. Period. 2. Dress well. Leave the pajamas at home. 3. Be financially responsible. These three things will put you ahead of 90% of the rest of the females your age.

@jonbottiger @GrainsGorilla @NicoAIQ 💯 greenhouse coming soon

@GrainsGorilla @NicoAIQ Corn belt has enough moisture to get well past summer solstice. Gonna need something very adverse to happen in July. Possible. However statistically unlikely. ElNino long holders gonna be bag holders. SuperBagHolders

I use the same excuse when people invite me somewhere after explaining they’re short bc of usda’s global stocks.

Missouri corridor basis is widening. That’s the post. Lots of grain around. Piles need picked up. Precipitation in the past, present and future. Enjoy the weekend.

@JerodMcDaniel @BrianBledsoe El Niño

First real rain we’ve had in about 8 months. Breaking the seal. Hats off to @BrianBledsoe He’s been calling for a change, I think he’s onto something. 👍🏼👍🏼