Posted by lfure on February 15, 2015 at 16:08:33 from (68.169.254.14):
In Reply to: Ag talk ??? posted by Bruce from Can. on February 15, 2015 at 14:16:36:
One thing to remember is to never trade in a commodity your not familiar with. I know a guy who bought a sugar contract and didn't sell the contract before it matured. He had to take possession of a lot of sugar he just purchased. He had to scramble around finding a buyer for his sugar. He got rid of it all and broke even on the whole thing. But on the other hand he did buy a new tractor with proceeds from some pork belly contracts he traded in. My point is if you know what drives the price of any commodity that is what you should trade in.
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Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
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