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Canola and Wheat...

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  • blackpowder
    Senior Member
    • Feb 2010
    • 9267

    #11
    There was pricing opportunities early on at those levels or above.
    Understand full well thats not an answer to anything.

    Comment

    • farmaholic
      Senior Member
      • Sep 2010
      • 17479

      #12
      I think most on this website know my sentiment about selling grain I don't have or know what it will be. Although I realize there are lost "opportunities" in that line of thinking.

      101, we usually sell before the last guy holding does. Sometimes it pays sometimes it doesn't.

      Sometimes cash flow dictates movement...not price. But then again, maybe that cash flow should have been planned for as best as possible under the current marketing pricing and movement structure.

      Comment

      • Guest

        #13
        Originally posted by Partners View Post
        Viterra at 7 bucks for wht delivered now.
        Should indicate a price rise until the next report by someone..
        Really , only $6.66 at tisdale ?

        Comment

        • farmaholic
          Senior Member
          • Sep 2010
          • 17479

          #14
          Originally posted by caseih View Post
          Really , only $6.66 at tisdale ?
          To me its what they need, when they need it, and where they need it. Read the signals.

          But one thing I really never want to do is give up the grain on a basis contract and play the futures. That's like me telling the dealership what I'm going to pay for the combine after the papers are signed with a down payment AND the combine is delivered to my farm....I don't think so!

          Does any other business do business that way?

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          • farming101
            Senior Member
            • Mar 2011
            • 3954

            #15
            Some of the best prices seen on low protein HRS since the price spike in summer of 2017. $1.30 higher than last Sept for #1 11.5.
            High protein is plentiful this year apparently. Last fall 14.5 was going for over $2 more than 11.5. This year 90 cents??
            I guess sell the low-pro first if I guy has any

            Comment

            • farmaholic
              Senior Member
              • Sep 2010
              • 17479

              #16
              Originally posted by farming101 View Post
              Some of the best prices seen on low protein HRS since the price spike in summer of 2017. $1.30 higher than last Sept for #1 11.5.
              High protein is plentiful this year apparently. Last fall 14.5 was going for over $2 more than 11.5. This year 90 cents??
              I guess sell the low-pro first if I guy has any
              Blending it up might be the best option, if you have both high and low Px. Especially if there isn't much of a premium for relatively high Px. Have it done when you haul or let them do it and pocket the spreads if their will be any.

              After last night's frost the graders will have their frost goggles on....even drought stressed wheat that was harvested before last night will have "frost".
              Last edited by farmaholic; Sep 5, 2018, 08:09.

              Comment

              • beaverdam
                Senior Member
                • Mar 2018
                • 1451

                #17
                farma, "even drought stressed wheat that was harvested before last night will have "frost". "

                yaup!

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