The soothsayers proved right after all or rather Mario my faming partner was right. After me fretting about the downward spiral of the price of soya from a high of around AR$1050 down to around AR$750 it has now rebounded as the wise one said it would. What happened that this year was a bumper harvest so the market for a short while was swamped with soya worldwide - hence the price going down. Mario’s advice was to keep your nerve my son it will come right soon don’t worry this always happens. Course me being a leaner farmer I had no idea if this usually happened but I followed the advice. So as I mentioned in a previous blog we sent our soya to the silos in Azul and I passed the time away biting my nails as the price went down further. Mario and I had one track telephone conversations ” did you see the price today, yea it’s down again, don’t worry it will rebound hold on, ok speak to you next week. And that advice has proved right. Last week the price reached over AR$1000and we decided to sell some of our soya. Our profit comes out at around 35% , not a bad return and although I have very short nails now I am very happy with the outcome. Next week Mario and I have a meeting to decide where we go from here i.e. what do we plant next, wheat, sunflower who knows????. Me I would be quite happy to book a holiday and head for the Brazilian beaches to let my nails grow back but I am in the farming game now on La Margarita and that means that the wheat growing season is upon us – to plant or not to plant is no doubt what we will be discussing next week . My inner mind tells me we are going to gamble again and very soon those of you still interested in my farming exploits will hear about what we do. If you are not in it you can’t win it is the best advice I ever heard so my guess is we plant - watch this blog
This is as usual David Cummings alias the English Gaucho off to buy some quick nail growing liquid!