• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Announcement

Collapse
No announcement yet.

Wheat

Collapse
X
Collapse
 
  • Filter
  • Time
  • Show
Clear All
new posts
    #71
    Right or wrong I went from zero to 100% sold on Friday for June delivery.

    Comment

      #72
      Originally posted by farmaholic View Post
      Right or wrong I went from zero to 100% sold on Friday for June delivery.
      You look like a guru today !

      or should I say, your decision, makes you like a guru.

      Did you buy a position back on paper, incase wheats worth $3.00/bus more in June?

      you know I'm hoping it is !

      Comment

        #73
        Originally posted by beaverdam View Post
        You look like a guru today !

        or should I say, your decision, makes you like a guru.

        Did you buy a position back on paper, incase wheats worth $3.00/bus more in June?

        you know I'm hoping it is !
        I'm schtoopit and do schtoopiter things.

        No paper whaet to replace it.

        The real anal-ysts need to chime in.

        I just don't "think" and "feel" the wheat market has any legs under it.

        Notice I never said "know".

        Comment

          #74
          Supposedly we are to sell in the top third of prices for the marketing period, so good going!
          As of last Friday you are in the 94th percentile!

          the chart below plots daily price offerings since August 6, 2020 from lowest to highest

          https://www.pdqinfo.ca/ https://www.pdqinfo.ca/

          Click image for larger version Name: SE SK Wheat prices.jpg Views: 1 Size: 40.4 KB ID: 770524

          Comment

            #75
            Thanks for thhe chart farming101. I'll bookmark that.
            The cynic might point out that this marketing year is only 1/3 through. The 94th percentile today could still end up in the bottom third.
            Sorry to rain on Farmaholic's parade.

            Comment

              #76
              Farma might be a “cherry picker” 😊

              Comment

                #77
                Originally posted by Rareearth View Post
                Farma might be a “cherry picker” 😊
                Is that the same as a bean flicker? Soybeans....

                Comment

                  #78
                  Originally posted by Rareearth View Post
                  Farma might be a “cherry picker” 😊
                  Course, if it rains on his parade, it might be the only rain he gets, And he will be really grateful to me.

                  Comment

                    #79
                    It is entirely appropriate to be a cynic when it comes to grain marketing because it is rare to find somebody or some entity that has altruism and charity as their mandate in the global grain market.

                    However, when it comes to protecting your rear end there is a balance needed. Being too greedy has hit a lot of guys in the profit margin. Ouch! Thus the statistic(debated, mind you) that two-thirds of the grain is sold in the bottom third of the market.

                    Comment

                      #80
                      Originally posted by AlbertaFarmer5 View Post
                      Thanks for thhe chart farming101. I'll bookmark that.
                      The cynic might point out that this marketing year is only 1/3 through. The 94th percentile today could still end up in the bottom third.
                      Sorry to rain on Farmaholic's parade.
                      Hard to believe..... but I'm satisfied with what I got.

                      .....until, you know....

                      Comment

                      • Reply to this Thread
                      • Return to Topic List
                      Working...