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Wheat correction over for now?

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  • farming101
    Senior Member
    • Mar 2011
    • 3950
    #31
    Wow, the 5.87 May suit didn't fit too well. Back to the tailor's for alterations.....

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      • Oliver88
        Senior Member
        • Dec 2012
        • 4688
        #32
        Wheat prices bounced back a bit today, good enough to start selling new crop.

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          • Oliver88
            Senior Member
            • Dec 2012
            • 4688
            #33
            Will the CDN $/basis be the biggest factor in April?

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              • flea beetle
                Senior Member
                • Jun 2019
                • 1287
                #34
                Wouldn’t it be nice if futures AND basis went in our favour? A guy can dream can’t he?

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                  • farming101
                    Senior Member
                    • Mar 2011
                    • 3950
                    #35
                    Originally posted by Oliver88 View Post
                    Will the CDN $/basis be the biggest factor in April?
                    I don't think so. The weaker CAD has supported farmgate prices here but for April I don't think a big drop is likely. 69-71.4 for April. 1.40 - 1.45 if you like

                    First impressions anyway. Anything could happen now

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                      • Oliver88
                        Senior Member
                        • Dec 2012
                        • 4688
                        #36
                        CDN at .7058
                        Minneapolis futures down 1-2 cents

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