• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Y'all like wheat today !

Collapse
X
Collapse
 
  • Time
  • Show
Clear All
new posts
  • farming101
    Senior Member
    • Mar 2011
    • 3954

    #21
    Originally posted by farmaholic View Post
    Are those ships waiting for grain already bought or is getting the grain there an issue? ....why a widening basis then.

    A 55000 tonne cargo is about 611 ninety tonne rail cars full...times 6 is 3666 cars....thats alot of unit trains.
    Likely around 2650 wheat cars to fill what's there. Another due before month's end
    Some of those mariners aren't going anywhere soon. Break out the cards

    Comment

    • farmaholic
      Senior Member
      • Sep 2010
      • 17482

      #22
      Originally posted by bigzee View Post
      I threw a target in at $7.75 yesterday for 14.6 pro.
      Was going to do $8, but thought that’s too nice of a round number.
      $7.77 would have triggered..... Lucky sevens!

      Not high enough for the Px values.... the premium and discount schedules are inverted/retarded(both work).

      $7+ offers already at some terminals.... and you're a whole percent higher than the magic 13.5 px..... do the math.(but don't let me do it for you!)
      Last edited by farmaholic; Nov 21, 2017, 09:48.

      Comment

      • farmaholic
        Senior Member
        • Sep 2010
        • 17482

        #23
        Originally posted by farming101 View Post
        Likely around 2650 wheat cars to fill what's there. Another due before month's end
        Some of those mariners aren't going anywhere soon. Break out the cards
        Boy is my math bad.... no wonder I can't get ahead! Smaller ships? More wht/car?

        Comment

        • farming101
          Senior Member
          • Mar 2011
          • 3954

          #24
          Originally posted by farmaholic View Post
          Boy is my math bad.... no wonder I can't get ahead! Smaller ships? More wht/car?
          Math right on
          I used 92.5 MT for wheat in a rail car and ya some of the ships waiting right now are a little smaller

          Comment

          • bucket
            Senior Member
            • Jan 2008
            • 17029

            #25
            Keep the system backed up on the prairies.....make farmers build the storage....meanwhile south American and Russian countries build public infrastructure to meet trendline yield production to kick our ass....

            Comment

            • Reply to this Thread
            • Return to Topic List
            Working...