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wheat basis narrowed durum at sweet grass way up

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  • mcfarms
    Senior Member
    • Nov 2004
    • 1689

    wheat basis narrowed durum at sweet grass way up

    #1 13 pro durum 12.25 US at sweetgrass today. yes thats over 13 can.

    CWRS basis narrowed at but more in our area to 32.16 under at one terminal.

    Guys that sold dec wheat futures and waited for the basis to improve back last winter will be delivernig at 2.00 a bushel over spot.
  • mcfarms
    Senior Member
    • Nov 2004
    • 1689

    #2
    sorry for typos running cart and typing at same time.

    Comment

    • sumdumguy
      Senior Member
      • Mar 2007
      • 12014

      #3
      Sweet, but who has # 1? wonder about poorer grades?

      Comment

      • Hopperbin
        Senior Member
        • Dec 2007
        • 6562

        #4
        Horizon resourses advertising
        Durum choice 12.00
        Teminal 8.50
        Amber 7, 25
        Ordinary 6.00

        Spring wheat
        12 pro 3.32
        13. 4.12
        14 4.92
        15 5.92
        16 6.12

        Joke of day is feed barley 2.05

        Comment

        • Hopperbin
          Senior Member
          • Dec 2007
          • 6562

          #5
          That was williston nd.

          Comment

          • Hopperbin
            Senior Member
            • Dec 2007
            • 6562

            #6
            Not really worth the haul on the hard wheat probably end in a loss. Never called but am sure they would want a fuz test also. Sure would like to know where klause finds his 8.27 per bushel nd for 14.8 to 15 hrsp. Would be interesting to know than durum language specs.

            Comment

            • JDGreen
              Senior Member
              • Jan 2008
              • 865

              #7
              Was offered 13.50 usd today. #1 13px ad... Where we going? HIGHER

              Comment

              • sumdumguy
                Senior Member
                • Mar 2007
                • 12014

                #8
                JDGreen, was that at Plentywood? They are closed for renovations and only hope to be buying in November.

                Comment

                • checking
                  Senior Member
                  • Feb 2008
                  • 2393

                  #9
                  So JD, are you going to use that extra $500,000.00 of durum profit to help buy out a struggling farmer?

                  Vader's justification for the old CWB still makes me laugh!!!!!!!

                  Comment

                  • sumdumguy
                    Senior Member
                    • Mar 2007
                    • 12014

                    #10
                    We don't have a grade on our durum. Probably not good. A friend's durum graded salvage on account of the bad "F" s. What is salvage, just under Sample. Yep I said under.

                    Comment

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