Markets- soybeans, canola,corn, wheat

[beaverdam]

PDJT says this afternoon, very close to a deal with China...…...EVERYTHING UP !

[malleefarmer]

Guess reality is China deal still a rumour

[macdon02]

Looks like a canola top to me here.

[Oliver88]

Looks like a canola top to me here.

Even with a China deal?

[macdon02]

Even with a China deal?

I might have missed the part where Trump negotiated on behalf of Canada..... or did he? Would be nice to see a resolution

[Guest]

I might have missed the part where Trump negotiated on behalf of Canada..... or did he? Would be nice to see a resolution

i got a text from G3 today saying $1.30 plus basis on #1, 13.5 wheat , do you know what that would make it ? you seem to be up on these matters , lol

[Sodbuster]

March Minn wheat closed at $5.37 so add $1.30 basis gives you a price of $6.67 for #1-13.5 wheat.

[Guest]

March Minn wheat closed at $5.37 so add $1.30 basis gives you a price of $6.67 for #1-13.5 wheat.

thanks , going the right way!

[Sodbuster]

Another dollar would and I’ll throw the hammer away.

[Oliver88]

thanks , going the right way!

$7.50 by June.

[malleefarmer]

Wheat for me hit $323 on farm.

Basically 7 grades of wheat here diff between number 1 and number 5 currently $10 nobody want protein or we have a serious drought or both.

Barley feed $260 on farm malt about $3 ahead

[VK58]

March Minn wheat closed at $5.37 so add $1.30 basis gives you a price of $6.67 for #1-13.5 wheat.

$7 Targets for #1 13.5 being triggered for Jan delivery in Red River Valley/S.Manitoba

[farmaholic]

$7 Targets for #1 13.5 being triggered for Jan delivery in Red River Valley/S.Manitoba

My $7.00 target must be hanging too high up on the Tree of LIMBO Target Prices, or the buyers are too short to reach it to pick it. I even went out as far as the July contract month so the best market price and my "unrealistic expectation" gap wasn't as wide. Good chance we would have delivered earlier too if it fit into our schedule or conditions allowed it.

YAWN....

[farmaholic]

Is this year's tsunami of cheap feed wheat( maybe with more uses than feeding livestock ) keeping a lid on good milling quality wheat?

[Guest]

My $7.00 target must be hanging too high up on the Tree of LIMBO Target Prices, or the buyers are too short to reach it to pick it. I even went out as far as the July contract month so the best market price and my "unrealistic expectation" gap wasn't as wide. Good chance we would have delivered earlier too if it fit into our schedule or conditions allowed it.

YAWN....

we let go two loads yesterday for $6.25 , #2 , 13.5 px , protein is actually 14.5 so will get another 20 cents for that, hadn't been able to sell any before this
some co's are 2cents a point , some are 6 cents up on protein ?