Why is wheat not moving or is it the Sleeper of 2020

[jazz]

So its basically a 50-50 split, grain companies make a buck, you hope to make a buck. You take all the risk and fight mother nature, they sit in the terminal office and wait for you.

[farmaholic]

Indications of $7.00 #1-14Px at some terminals in Western Sask. FEB/MAR.
Probably even better further west. Alberta prices?

Hang your targets on the Limbo Tree of Target prices.

[Bowerpower]

Grain companies make as much as they can. If they have a large enough supply and farmers are selling why would they bid up?

[SASKFARMER]

Min wheat up .14 cents today.

Chicago also.

Prices moving with trade deal started with China.

Canada with it’s sit and do nothing has farmers pissed as they take it on the chin under the leadership of Trudeau.

[Oliver88]

Grain companies make as much as they can. If they have a large enough supply and farmers are selling why would they bid up?

Yep, with all the willing sellers prices will be brutal.

[Guest]

Grain companies make as much as they can. If they have a large enough supply and farmers are selling why would they bid up?

got an exciting offer from a text today , $5.25 feed wheat , FN doesn't matter ? FMG?
planning a birthday party for it instead

[farmaholic]

got an exciting offer from a text today , $5.25 feed wheat , FN doesn't matter ? FMG?
planning a birthday party for it instead

Is that sarcasm because your wheat is.better than feed?

[Guest]

Is that sarcasm because your wheat is.better than feed?

80% graded 2 from CGC , so I'm holding out for that
the other 20% is feed which will get better in the bin after a year or two, we cannot grow wheat for $5
yes definitely sarcasm
they wanna give feed for 3/4's of it
what really got me thinking was when the beautiful #1 , 385 FN, 14.5 px , 12.5 mt, we carried over (thats a story for another day) dropped to a 3 in a steel bin , i think we got "curved" like university scores

[farmaholic]

Shouldn't grain markets he gearing down for the holiday season?

[walterm]

So again, what would you do with this information? I can’t digest what we already get. If I’m checking basis and spreads and running the farm I’m maxed out.

Be careful what you wish for. More published information might just benefit customers or competitors more than the farmer.

That is funny those are the exact same words that the CWB used when protecting open transparency. Yet farmers were adamant they had a right to transparent of each and every transaction.

But at least we could see there annual independent audit every year in their annual report. Same as farmer owned grain companies at our annual meeting and audit report.