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So in a nutshell... marketing post

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    So in a nutshell... marketing post

    In the washup usda report was bearish for stocks bullish for acres.

    So can it be deemed almost neutral and again we will rely on weather events for spikes in the market?

    Next question will guys pull spring wheat acres out of production?

    Million dollar question and hopefully wont start climate change discussion is NOT the point, but you guys have real fears of late seeding?

    Late seeding chances here in australia are increasing weekly, some guys resigned to the fact it will be late bit early to call, but zero rain is forecast other than a few mm here and there for whole month of april. Many like to seed from say april 20 th onwards. Some areas have not had rain since novemeber useful rain that is.

    And becasue of this feed barley may well of even exceed 260 per tonne port in next few weeks, as discussed previously its a decile 8 or in other words 8 out of 10 years prices are below this, historically we only go back 15 years when comparing prices but it attractive.

    Until a general rain occurs that price will hover around these levels

    It actaully above wheat for nov/dec 18 delivery at the moment strange times

    #2
    Is spring wheat higher acreage because winter wheat is not good?

    Comment


      #3
      Originally posted by malleefarmer View Post
      Million dollar question and hopefully wont start climate change discussion is NOT the point, but you guys have real fears of late seeding?
      One thing is for sure-it won't be early!

      Mar 20/17 on left, Mar 28/18 on right
      Click image for larger version

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        #4
        101, like, Like LIke LIKe LIKE LIKE!!!!!!!! The longer it takes to "go away" in it's crystal form the better chance I get to "use it" in it's liquid form.


        Re: Winter wheat. I would bet very little winter wheat got sown in the dry areas of the northern half of the North American Great Plains. Anyone have a number compared to previous years? News of more spring wheat acres may be the only reason for this!

        Anyone seed winter wheat last fall? Not everyone was bone dry like we were.

        Comment


          #5
          I think our first seeding date will be around the 10th of May this year. Its cold every day, actually awful last two days and we have lots of snow. It still needs time to melt and the ground is frozen solid.

          That's my bet for a start day.

          Comment


            #6
            Montana winter wheat acres down a lot. Other states more or less steady.

            Kansas and Texas up quite a bit. Could be grazed and taken out though

            Comment


              #7
              Weather Network has us below average out till the middle of April
              Wow, who are we kidding. There's time for another winter vacation!

              Comment


                #8
                If it gets late would guys be more worried about having seeding equipment with all the modern tech that they use on main drills or getting a second drill that does the job without it.

                Just thinking lots of cart tractors and roller tractors sitting that could be pulling smaller second drill to speed up seeding.

                Or are you all committed to Variable Rate, precision seed and fert placement etc?

                Comment


                  #9
                  Got our usual fifteen per cent or so acres of winter wheat seeded on time last fall.
                  Good germination, went into winter looking good but only an inch or two of snow cover most of time.
                  March tenth foot and a half of snow, good cover for recent cold temps.
                  Time to dig some up and see if it is alive.

                  Comment


                    #10
                    83% of Kansas wheat in drought and severe drought. Oklahoma is worse A good map of where the wheat is grown and a an overlay of the drought. Winter wheat east of the drought area is getting flooded.

                    https://www.usda.gov/oce/weather/Drought/AgInDrought.pdf
                    Last edited by Integrity_Farmer; Mar 31, 2018, 14:57.

                    Comment


                      #11
                      Originally posted by Integrity_Farmer View Post
                      83% of Kansas wheat in drought and severe drought. Oklahoma is worse A good map of where the wheat is grown and a and overlay of the drought. Winter wheat east of there is getting flooded. goohttps://www.usda.gov/oce/weather/Drought/AgInDrought.pdf
                      Don't worry I_F, the world is drowning in wheat! Markets moving on intentions, speculation and expectations!

                      Comment


                        #12
                        The real story is -93% behind schedule Russian planting pace is at due to cold. Stifle the cheap wheat and the market catches gets its legs

                        Comment


                          #13
                          Ever wonder what the general population would think if they knew that on any given day there was only a matter of weeks, or a few short months, of food supply left in the world if there wasn't any more new production? Interesting.

                          Comment


                            #14

                            Comment


                              #15
                              Originally posted by farmaholic View Post
                              Ever wonder what the general population would think if they knew that on any given day there was only a matter of weeks, or a few short months, of food supply left in the world if there wasn't any more new production? Interesting.
                              There always is new production though, every day somewhere in the world. I guess that's one security that global trade does bring.

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