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    #101

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      #102
      Click image for larger version Name: Screenshot_20201005-045729.jpg Views: 1 Size: 20.0 KB ID: 770189

      Click image for larger version Name: Screenshot_20201005-050144.jpg Views: 1 Size: 13.0 KB ID: 770190

      Why did Minni-Wheats fail to mirror Chicago's last break above it's previous high?
      Last edited by farmaholic; Oct 5, 2020, 05:06.

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        #103
        Chicago more closely follows world markets than MW.
        HRW crop was good quality. I'm not a baker but my guess is it can make a good loaf all by itself. Little blending is required. Spring wheat quality was good too so actually it is the spring wheat that likely needs to be blended to make a loaf. Until Kansas contract matches MW I don't think you will see much of a rise. And that's if Kansas continues to go up...Dec contracts. Kansas lower line.
        Click image for larger version Name: MWZ20KEZ20Oct520.jpg Views: 1 Size: 81.1 KB ID: 770192


        What that means for Canadian Wheat into the US is low exports likely again this year
        Click image for larger version Name: Wheat to US.jpg Views: 1 Size: 58.3 KB ID: 770191

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          #104
          News on the radio Friday saying, StatsCanada or Grains Canada or some survey had released numbers saying Canada had bumper crop of wheat this year. I couldn't find the report to link to.

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            #105
            Dec Chicago 579 3/8. Was bid up to 587 3/4. Sure doesn't like this level it seems. If it does settle above 582 3/4 it will be notable. Dec 5.60 puts trading at 550US

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              #106
              Originally posted by farming101 View Post
              Dec Chicago 579 3/8. Was bid up to 587 3/4. Sure doesn't like this level it seems. If it does settle above 582 3/4 it will be notable. Dec 5.60 puts trading at 550US
              Thanks for your insight . Have not paid enough attention to wheat . Ours is dry and in the bin so now with harvest complete and fall jobs under way will be time to watch and listen here for the next few months

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                #107
                Sold my low protein wheat already to make room for flax....what I may have lost in wheat I make up on my flax.....actually its already moved from 13.80 to 15...plus I have filled and emptied that bin twice....

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                  #108
                  Does Canada keep track of wheat and other crops that are sold in the USA direct from farmers? Now that farmers are hauling grain directly how do we really know how much is being exported it doesn't even need to be inspected or any documentation anymore does it?

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                    #109
                    Originally posted by wmoebis View Post
                    Does Canada keep track of wheat and other crops that are sold in the USA direct from farmers? Now that farmers are hauling grain directly how do we really know how much is being exported it doesn't even need to be inspected or any documentation anymore does it?
                    101 might have the digits, but I would think it's minor. "X" kms from the border and it wouldn't make "cents".

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                      #110
                      The reply from most would be "who cares". .

                      Why have transparency in an open market...

                      Maybe a CGC or statscan lurker could comment.
                      Last edited by bucket; Oct 5, 2020, 09:09.

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