Thursday, November 8, 2012

Markets

Markets are reacting to the election.  We saw the Dow go right down a record 313 points for the year.  The grains have reacted favorably but haven't started their move up yet, which I think they will do.

"There is talk on the newswires and on the trading floor that the US ARmy Corp of Engineers could close the Missouri River into the Mississippi on December 10th, in order to help northern areas. The floor is looking at the impact as a spread rather than flat price issue if fallout is felt."  That can't be favorable for corn and soybeans as so much of it takes that path.

One of my former students was in line at Croton Egg Farm this morning and we got to chatting on Facebook.  My question was how high do eggs need to sell for to make a profit at $7.50 corn?  If anyone has an opinion on that, post it here!

Our local dairman friend is milking gungho so prices for raw milk must be better than $7.50 corn.  He feeds a lot of sileage, though.  He had the best double crop corn after wheat this year I believe I have ever seen.

My last field of wheat hasn't come up yet and I can't figure out why except the cold nights.  It's been in the ground since October 23 and I thought sure it would be up by now.  I did see a few sprigs today but not the nice even stand we have behind the house.

Darren Hefty was talking about how to control Creeping Charlie(ground ivy or Creeping Jenny) around the house and farmstead on Ag Ph. D. this week.  It is difficult to identify from round leaved Mallow.  LuAnn looked up at the TV from her Xyboard and exlaimed that's the weed that is taking over our yard!  I said yep, that is what I spread that high priced bag of TriMec weed and feed for!  It didn't do a thing to the Creeping Charlie so I am going to have to spray a high rate of 2,4-D with a sniff of dicamba in it to knock it back.  It looks like it's been here since 1880 when the house was built!

The big news here is Deirdre Jane Peters.  That is as hard to spell as Caoilin so we are having a good itme with that, all in fun.  I tried to explain it to Uncle Roy on the telephone last night was was having trouble explaining the name on the phone!  Just try to write if if you think that's bad!

She is beautiful and her big sister Caoilin is estatic with her new baby sister.  Poor little Finn though doesn't look too impressed with the deal!  Deirdre is very feminine with dark hair and the tiniest head and body of the 4 but she is a healthy 7 lbs and 6 ounces.  I always said kids were your best crop and it's been a great crop year, 2 grand daughters in 3 months!  Hard to top the 3 three year olds though!

Thank you Lord for all our Blessings,

Amen.

Ed

10 comments:

  1. Thank you Nathan and thank you all! My friend Nathan down the road has the same kind of blessings going on with his twin boys and his new daughter Emma. That guy isn't afraid to give an old man a little help like picking up a roll of TV cable I strung out with the corn header!

    Thank the Lord for his blessings, now says it all.

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