What are the thoughts on wheat price outlook for the next 2 -3 years?

[monte]

I have been reading about the big us wheat crop and looks like large global stocks. Is everyone as negative on prices as I am reading? Just thinking about what we need to be doing the next few years cropwise.

[farmaholic]

And what do we put in the rotation in its place? Only so much malt barley gets accepted per year. Overproduce the Canary seed market? Sucks when the spread between feed and milling is narrow...grow feed and go for volume?

I've said it before, cereals in the continuous cropping rotation seem to be the equivalent of summerfallow in the old half and half or one thirds two thirds rotations.

I think the best we can hope for is a premium for quality.

We are about to start dumping another $15/ac on the wheat and durum all in an effort to try to produce something that when getting graded using an arsenal of degrading factors will get analysed and picked to pieces using tweezers, magnifying glasses, and possibly petri dishes in an effort to try and pay as little as possible for it. You feel kinda beat before you start.

[Bootances]

Sure good we got rid of that wheat board.

[stonepicker]

You got that right booty! If we still had the --- we'd be getting $4.00 for our wheat instead of $6.70 - $7.70

[Braveheart]

Yes the CWB was the biggest disaster ever for prairie agriculture. Sask Wheat Pool running a real tight second.

I'm currently neutral on wheat price. I expect range bound prices bouncing around on currency fluctuations.

US winter wheat reporting some high yields but NA spring wheat crop is not in the bin yet. If it's as hard to harvest as our hay crop (chronic wet) quality will be an issue.

[Partners]

Over supply..dead horse...Wish I knew what else to grow..Neighbors seeded mega Bly this yr..Because they all had good results last yr..

[Hopalong]

Maybe because present prices are low, wheat futures prices show better outlook for increase than most other commodities.
Cattle and hogs price outlook is lower.
Chicago wheat futures especially shows twenty per cent or dollar a bushel price increase in next two years.

[Bootances]

Harper saved me income tax by getting rid of the wheat board. No more $11.00/Bushel wheat Only $5.80 and falling every day.

[foragefarmer]

Sure glad our farm doesn't rely on wheat as being the main crop to pay the bills and prosper.

CWB or Non CWB nothing to get excited about, when every country grows it and are better positioned to ports than Western Canada.

[Hopalong]

Renewable fuels demand and use bares watching.
Think it was the driver for higher feed grain and wheat prices of past few years.
When faced with high food prices, envirionmmentalists backed off on support for ethanol.
Can see a transportation fuel shortage coming if oil is phased out too quickly.