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" /> Take Advantage of a Weather Rally » E-Mail | CLA (CliftonLarsonAllen)

Take Advantage of a Weather Rally

sts2We had a good weather rally back in the spring when it was apparent that the come would be planted lack due to the rain in Illinois and other areas.  It appears that we might be having a weather rally due to the frost coming this weekend.

I would highly suggest that you review your marketing plans for this crop and the 2010 crop to see if you need to lock in some good prices that are coming now.  If the current prices compared to production costs provide a profit, do not be shy about locking 20-40% of them in.

Too many farmers get emotional when they see a rally start, think it is going higher and wind up with missing the whole rally.  Do not let this one go by with the same problem.

I am headed back to my farm in Missouri next weekend and plan on driving a John Deere combine very similar to the one shown in the picture.  I am hoping it does not rain and I get to cut some 60 bushel beans or 200 bu corn.  This is always my vacation this time and year and for a farm boy like me, there is nothing better.