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Guess wheat is going back to $5.00 on futures.

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  • boarderbloke
    Senior Member
    • Sep 2007
    • 1991

    Guess wheat is going back to $5.00 on futures.

    Check out monthly chart for MGE and KCBT. Take off minimum $1.00 basis and you have wheat with a 3 out front, and that's for a #1.

    Caution! don't puke on your keyboard.
  • SASKFARMER3
    Senior Member
    • Feb 2006
    • 14485

    #2
    Like I said the boom ended and now were ****ed. 7.80 canola and 350 wheat and 1 oats and 2 barley.

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    • SASKFARMER3
      Senior Member
      • Feb 2006
      • 14485

      #3
      Like I said the boom ended and now were ****ed. 7.80 canola and 350 wheat and 1 oats and 2 barley.

      Comment

      • BreadWinner
        Senior Member
        • Jan 2008
        • 1494

        #4
        You all better get out now while there still some money left, I could always take on a bit more and hire you for 5$ per hr.

        Comment

        • Oliver88
          Senior Member
          • Dec 2012
          • 4688

          #5
          This is quite a slide.

          $2.50 drop in 4 months for July 2015.

          Comment

          • Oliver88
            Senior Member
            • Dec 2012
            • 4688

            #6
            http://www.mgex.com/quotes.html?&page=chart&sym=MWN5

            Comment

            • cottonpicken
              Senior Member
              • Apr 2006
              • 6993

              #7
              If it wasnt for corn i wouldnt be as worried,its really screwed us.

              Comment

              • wmoebis
                Senior Member
                • Aug 1999
                • 2652

                #8
                I hate corn bread. Would pay $10 a bus for homemade whole wheat bread.

                Maybe it is our marketers not the market.

                Comment

                • agchat
                  Senior Member
                  • Dec 2011
                  • 463

                  #9
                  Gee, I feel much better now about my bleached standing wheat. It can stay out there till it is dry to combine. By the time I would of thrown air and or heat on it, I really would be money behind.

                  Comment

                  • hobbyfrmr
                    Senior Member
                    • Feb 2008
                    • 3178

                    #10
                    Has anyone followed the Globe and Mail highlighted Alberta farmer. If memory serves me the first article said he was growing wheat for around $2.50/bushel. He should come out of this alright and be looking to expand and grow his farm.

                    Comment

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