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Guess wheat is going back to $5.00 on futures.

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    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.

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

    Comment


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

      Comment


        #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


          #5
          This is quite a slide.

          $2.50 drop in 4 months for July 2015.

          Comment


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

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

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

                Maybe it is our marketers not the market.

                Comment


                  #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


                    #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


                      #11
                      Hobby you can really be a prick sometimes. Show some empathy to your fellow man.

                      This is a blog from his wife that I follow.

                      http://www.nurselovesfarmer.com/2014/09/what-snow-in-september-means-for-farmers/

                      Comment


                        #12
                        Mother nature is a bitch - no two ways about it.

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                          #13
                          gustgd, thanks for posting that link.

                          Comment


                            #14
                            Didn't have time to post the hot links before.

                            MGE monthly wheat,
                            [URL="http://futures.tradingcharts.com/chart/MW/M?anticache=1410628799"]Hard Red Spring Wheat[/URL]

                            KCBoT monthly wheat,
                            <a href="http://futures.tradingcharts.com/chart/KE/M?anticache=1410628999"target=blank>Hard Red Winter Wheat</a>

                            FWIWorth, CBoT monthly wheat,
                            <a href="http://futures.tradingcharts.com/chart/CW/M?anticache=1410629238"target=blank>Soft Winter Wheat?</a>

                            Comment


                              #15
                              Prices will keep going down until production drops or demand rises. Dont see demand increasing any time soon.

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