Farmaholic wheat graph

**farmaholic** · Mar 1, 2018, 19:40

I'm hoping for one or two more life saving gasps before it takes it's final breath before new crop....lol

I'm watching though. I have a price in mind that isn't unrealistic for my Px level and I can wait for July delivery.

**Guest** · Mar 1, 2018, 19:46

Originally posted by farmaholic View Post

I'm hoping for one or two more life saving gasps before it takes it's final breath before new crop....lol

I'm watching though. I have a price in mind that isn't unrealistic for my Px level and I can wait for July delivery.

we got $7.81 today for 14.7 px today , June delivery , pretty decent with the yield that was there, to bad we wouldn't have priced some last summer , but didn't even look like we would be able to combine last spring , let alone seed

**farmaholic** · Mar 1, 2018, 19:50

Originally posted by caseih View Post

we got $7.81 today for 14.7 px today , pretty decent with the yield that was there, to bad we wouldn't have priced some last summer , but didn't even look like we would be able to combine last spring , let alone seed

Wow....hard to believe, we are only about 1.2% lower Px and over a dollar less per bushel local bids! I'd be satisfied too!

**farmaholic** · Mar 1, 2018, 20:06

Someone better help me with the math on $7.80 wheat. I got to dig up Weber's last AAFC pricing chart to at least see what west coast asking has been....although June is 3 months away from current(or at least recent history) asking prices.

**Partners** · Mar 1, 2018, 20:45

Prices are going up, just hope we can move it at some point..

Heard loaded cars from P+H are sitting near Humboldt that were loaded in DEC..

**Guest** · Mar 1, 2018, 20:51

Originally posted by farmaholic View Post

Someone better help me with the math on $7.80 wheat. I got to dig up Weber's last AAFC pricing chart to at least see what west coast asking has been....although June is 3 months away from current(or at least recent history) asking prices.

px is sure paying at 7 or 8 cents up . they need it bad but don't want to pay unless they get caught

**farmaholic** · Mar 1, 2018, 20:59

Originally posted by Partners View Post

Prices are going up, just hope we can move it at some point..

Heard loaded cars from P+H are sitting near Humboldt that were loaded in DEC..

I have a story something like that as well, cars delivered end of Dec, loaded in Jan and..... although the kid said he saw the train go by just the other day from the terminal's direction.

caseih..... AAFC's West Coast asking prices are almost $320/tonne or about $8.70/bu. Which Co did you sign the contract with.

MGEX MWN8--$6.40 @ 1.28 Fx....$8.19 CAD.

Some local bids...Protein ranges and 3 companies bids...

June delivery, 13.0-13.5 Px, $6.75, $6.28. $6.66. lowest prices not necessarily correlate to lowest Px but highest price definitely requires 13.5 Px.

What's happening?

**farming101** · Mar 1, 2018, 22:57

Shipments to Japan were coming in at $338/tonne in Dec/17.
Sk avg prices during mid Nov were around $247/t which would imply a $90 difference. There were higher bids in a few areas of SK if I remember right so maybe $80 backed off from the Japan values would have been attainable.
Anyway I don't think forward sales for late June/July export are going to be lower than that given the recent pop in prices. Portland asking has not gone up yet although today's report did indicate a bump higher. One thing to think about is that some companies likely have sales covered for a ways out. The problem is shipping. They may not have to chase prices for a few weeks or longer.
$7.20 for 1 13.5 is seen in the Saskatoon area, June/July del

**farmaholic** · Mar 1, 2018, 23:14

Grrrrrr, what's with the crap prices in my trading area?

I'm hopeful RR movement will see constipation relief and shit will start moving when the weather "improves".

Farmaholic wheat graph