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Wheat bottom?

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  • BreadWinner
    Senior Member
    • Jan 2008
    • 1493

    #11
    What kind of prices are you getting for new crop
    CPS?

    Comment

    • errolanderson
      Senior Member
      • Jan 2012
      • 3126

      #12
      Breadwinner . . . since my response to
      mallefarmer was such a wrong one, what
      are other opinions out there?

      All the best in your quest for a raging
      bull canola market canola in the new
      crop year . . .

      Errol

      PS: It may be best to stay away from
      spring marketing seminars.

      Comment

      • BreadWinner
        Senior Member
        • Jan 2008
        • 1493

        #13
        I'll grow the crop Then I'll worry about sellin it,
        personally I don't think there is any need to panic.
        The more we resist panic selling the higher the
        prices will go. If you need to sell thats your
        decision, all the options I've bought have expired
        worthless , its just another way to spend more
        money.

        Comment

        • ianben
          Senior Member
          • Jan 2000
          • 907

          #14
          World keeps getting more crowded and we arnt
          growing any more crop. Any hiccup in the chain
          and groan is better than gold.

          The world has to get crowded with people who rich
          enough to buy food for grain to be better than gold.

          I dont see that happening. Euro crisis program on BBC
          last night, 48% under 24s in Spain unemployed more
          empty house than US, Greece, Portugal, Italy, Ireland
          all unable to operate on same level as Germany.
          Germany produces goods for these countries which
          cant afford so when they default Germany is poorer
          too.
          They can only juggle the balls so long, when one
          drops I think we will all be poorer.

          Perhaps Facebook shares are the best safe haven?

          Comment

          • cottonpicken
            Senior Member
            • Apr 2006
            • 6993

            #15
            Better than gold?

            Only in that the ratio is so out of wack.

            The majority of the worlds populous buys it for when
            they have to purchase wheat years down the road.

            Wheat is cheap cheap cheap by any yardstick.

            Comment

            • crusher
              Senior Member
              • Jun 2001
              • 1188

              #16
              #2 cps 11 protein - $6.80, Edmonton area, January 2013

              Comment

              • hedgehog
                Senior Member
                • Oct 2009
                • 619

                #17
                big jump in wheat yesterday, if farmers stop selling forward, it will go even higher.

                Comment

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