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Chicago Wheat,,,What gives today?

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  • beaverdam
    Senior Member
    • Mar 2018
    • 1451

    Chicago Wheat,,,What gives today?

    Nice pop, anyone read what's pushing it up, 25cents old crop, 20 cents new crop.
    Frost damage showing in the Ohio valley, maybe on the Kansas plains?
    KCBT Wheat up 18-22 cents old and new crop.
    Of course, Minneapolis lagging at 9-11 cents old an new.
  • Oliver88
    Senior Member
    • Dec 2012
    • 4688

    #2
    Minneapolis was up 14 cents.

    Comment

    • farmaholic
      Senior Member
      • Sep 2010
      • 17482

      #3
      .......the only logical reason I can think of is.... because I sold our wheat last week.

      Comment

      • RD414
        Senior Member
        • May 2011
        • 617

        #4
        They are forecastto get what is called A very impressive weather event in Kansas bringing tons of moisture. Shorts want out.

        Comment

        • beaverdam
          Senior Member
          • Mar 2018
          • 1451

          #5
          Ya, here's a link to info on that storm.

          https://www.msn.com/en-ca/weather/topstories/central-us-bomb-cyclone-to-generate-blizzard-flooding-and-severe-storms-midweek/ar-BBUH2RH?ocid=spartanntp https://www.msn.com/en-ca/weather/topstories/central-us-bomb-cyclone-to-generate-blizzard-flooding-and-severe-storms-midweek/ar-BBUH2RH?ocid=spartanntp

          Seems like it might move north of Kansas, but you know how good weather forecasts are. A lot of freezing rain and/or snow might not be so good for the wheat.

          Comment

          • Oliver88
            Senior Member
            • Dec 2012
            • 4688

            #6
            Wild week for Minneapolis wheat.
            Ended the week off a few cents higher.

            Has been storms/blizzards in South Dakota, Nebraska, Kansas, Colorado and Wyoming.

            Comment

            • Oliver88
              Senior Member
              • Dec 2012
              • 4688

              #7
              Minneapolis up 6 cents.
              What is the reason?

              Nebraska and SD Flooding?

              Comment

              • farmaholic
                Senior Member
                • Sep 2010
                • 17482

                #8
                What signals are you getting "locally"?

                Comment

                • blackpowder
                  Senior Member
                  • Feb 2010
                  • 9300

                  #9
                  $7.22 new crop HRS offered here.

                  Comment

                  • farmaholic
                    Senior Member
                    • Sep 2010
                    • 17482

                    #10
                    Originally posted by blackpowder View Post
                    $7.22 new crop HRS offered here.
                    I don't know what new crop is here.

                    Our mid-point Sask. freight would eat into that price....I guess that's the price of farming in the "Slum of the Ghetto of the Ghetto"!!!!!

                    Comment

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