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I got the Call yesterday! Sell your wheat before it drops!

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  • fjlip
    Senior Member
    • Oct 2002
    • 9772

    #21
    Originally posted by Oliver88 View Post
    Your welcome, sold some new crop wheat today.

    Watch it take off now!

    $7.53 at Pioneer, 2-13%, profit!
    Oh one day agree profit taking by funds, happened in canola and we missed it. I feel prices will be $7-8 for next crop but depends on world supplies/weather going forward.
    When farmers SELL prices are pressured down. Oliver, by selling any you are putting the brakes on?
    You have to be out of step with majority.
    Who knew dry would happen? Sold old crop all winter, it's all RISK in farming.

    Comment

    • farming101
      Senior Member
      • Mar 2011
      • 3950

      #22
      MWU
      7.25
      7.54
      7.72 major headwinds here

      Comment

      • Robertbarlage
        Senior Member
        • Feb 2014
        • 1242

        #23

        Comment

        • Oliver88
          Senior Member
          • Dec 2012
          • 4688

          #24
          Originally posted by fjlip View Post

          $7.53 at Pioneer, 2-13%, profit!
          Oh one day agree profit taking by funds, happened in canola and we missed it. I feel prices will be $7-8 for next crop but depends on world supplies/weather going forward.
          When farmers SELL prices are pressured down. Oliver, by selling any you are putting the brakes on?
          You have to be out of step with majority.
          Who knew dry would happen? Sold old crop all winter, it's all RISK in farming.
          Appears I have pushed up market by selling. Wheat up 15 cents in overnight trading.

          I think I will sell a small amount if it goes over $8 for #2 I think.....if it goes to $10 will still be happy.

          Comment

          • mbdog
            Senior Member
            • Dec 2013
            • 345

            #25
            Originally posted by Robertbarlage View Post
            10 bucks in 2 weeks my guess.
            sell some into it...
            Last edited by mbdog; Jun 28, 2017, 21:41.

            Comment

            • sumdumguy
              Senior Member
              • Mar 2007
              • 11951

              #26
              What is the highest price you have ever received for wheat? Depending on the short northern US crop, it may break records. JMHO

              Comment

              • biglentil
                Senior Member
                • Jun 2015
                • 3258

                #27


                I'm not selling until I get a gram of gold per bushel.LOL Cad price of a gram of gold today is $52. And to think those lucky enough to be farming in the 70's were getting it.
                Last edited by biglentil; Jun 29, 2017, 06:28.

                Comment

                • farming101
                  Senior Member
                  • Mar 2011
                  • 3950

                  #28
                  If I'm not mistaken a gram of gold is going for about $40 US.
                  Gotta start somewhere I guess. It's a good start. Up two bits overnight

                  Comment

                  • seabass
                    Senior Member
                    • Dec 2005
                    • 825

                    #29
                    21 bucks DPC. Will likely never ever happen again.
                    Could u imagine the income tax u would pay if u sold it all for that. Chaching!

                    Comment

                    • furrowtickler
                      Senior Member
                      • Dec 2004
                      • 21837

                      #30
                      Hmmm , S/F , did you get that call from Cargil or P&H ?????
                      We got one from each last week . Sell now , hurry , hurry . Lol
                      Do the opposite of what they tell you 90% of the time . They are out for your blood if you serve it to them

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