tag:blogger.com,1999:blog-6266934439288377947.post5583803555969418378..comments2023-07-20T05:55:32.639-07:00Comments on john bunting's dairy journal: PredictionsJohn Buntinghttp://www.blogger.com/profile/05272618807602920448noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6266934439288377947.post-14100052298581520992011-04-26T08:24:25.252-07:002011-04-26T08:24:25.252-07:00Just because someone says something will happen do...Just because someone says something will happen does not guarantee it. Producers are smart enough to understand that. The only protection a dairy farmer has is a government price floor in milk. 10 bucks or so. They can buy better protection in chicago but most choose not to. If you are a dairy producer, your risk is always higher costs and lower milk prices. Just cover your milk downside with worst case scenario put protection and cover your grain upside with call protection. Let the dairy experts publish their forecasts. They are paid to do such analysis whether they are wrong or right. Nice gig huh? When milk prices get to a level where there is some profit and costs are covered, sell some milk. keep things simple. if you are looking for comfort from an expert you might as well go to one that serves drinks.<br />-RonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6266934439288377947.post-55621694847506169082011-04-26T07:12:26.308-07:002011-04-26T07:12:26.308-07:00jajajajajajajajaJuan Méndezhttps://www.blogger.com/profile/11527376618374543472noreply@blogger.comtag:blogger.com,1999:blog-6266934439288377947.post-76801202279978035962011-04-25T21:51:43.457-07:002011-04-25T21:51:43.457-07:00Exactly. You couldn't have said it better. N...Exactly. You couldn't have said it better. Nice post John.<br /><br />Personally, I follow the forecasters that are WRONG most of the time... they are the ones who hold the key! Just don't tell them that.. <br /><br />DaveAnonymousnoreply@blogger.com