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wheat price weakness

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  • farming101
    Senior Member
    • Mar 2011
    • 3954

    wheat price weakness

    Nice to see the wheat price hang in there the last little while, but the latest weakness is saying no runup just yet.
  • Oliver88
    Senior Member
    • Dec 2012
    • 4688

    #2
    Interesting.

    CDN dollar also seems to be creeping up. 75-77 so that had a 15 cents approximately hit to our Fx basis.

    Comment

    • biglentil
      Senior Member
      • Jun 2015
      • 3261

      #3
      I see on farmlead bids of 5.75 for general purpose for feed and terragrain ethanol is at 5.20. Anyone selling into states after the trucking fiasco is it worth it?

      Comment

      • TOM4CWB
        Senior Member
        • Dec 2000
        • 16511

        #4
        We just sold tough 3red for delivery in Oct at $6.25! Not bad at all!!! What a blessing!

        Comment

        • farming101
          Senior Member
          • Mar 2011
          • 3954

          #5
          Dollar weakness has helped a lot. Good on you Tom!

          Comment

          • furrowtickler
            Senior Member
            • Dec 2004
            • 21857

            #6
            That's what I don't get about #1 15 pro hrsw - it should be above $7 easily when garbage wheat are around $6 . Someone in the system is screwing somebody

            Comment

            • farmaholic
              Senior Member
              • Sep 2010
              • 17474

              #7
              Tommy boy, be thankful for your proximity to west coast ports. We are east of mid point Sask. Imagine the dfference in freight.

              Comment

              • Partners
                Senior Member
                • May 2010
                • 3105

                #8
                #3 at Richardson's today was $5.25..

                They are @ 45cent discount from #1 to a#3.
                Viterra is at a 60 cent discount..

                Comment

                • freewheat
                  Senior Member
                  • Aug 2007
                  • 2981

                  #9
                  Feed wheat 5.30 to 5.80 depending on the barn.

                  Comment

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