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Wheat you guys following this

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  • malleefarmer
    Senior Member
    • Nov 2005
    • 5424

    Wheat you guys following this

    Trying to join the dots logically.

    Russian Traders have already used up 70% of their 2020/21 wheat export quotas.
  • SASKFARMER
    Senior Member
    • Dec 2005
    • 7123

    #2
    Russia had a poor crop I’m thinking maybe we’re as dry as us in the northern hemisphere. Their out of grain

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    • malleefarmer
      Senior Member
      • Nov 2005
      • 5424

      #3
      I see it the other way, they are exporting full tilt while they can then what, no exports from Russia prices but same scenario under drought conditions.

      Tis a bit tricky going foward in 21 that’s why I chew the fat with you guys

      Edit another guy who I respect suggested it’s not a tonnage quota but time frame when date is announced no more exports.

      No idea just asking a off topic grain market question
      Last edited by malleefarmer; Dec 22, 2020, 04:12.

      Comment

      • Old Cowzilla
        Senior Member
        • Nov 2020
        • 1611

        #4
        Maybe Russia hired the same guys for there wheat forecast that did our canola. WHOOPS !

        Comment

        • TOM4CWB
          Senior Member
          • Dec 2000
          • 16511

          #5
          Originally posted by malleefarmer View Post
          I see it the other way, they are exporting full tilt while they can then what, no exports from Russia prices but same scenario under drought conditions.

          Tis a bit tricky going foward in 21 that’s why I chew the fat with you guys

          Edit another guy who I respect suggested it’s not a tonnage quota but time frame when date is announced no more exports.

          No idea just asking a off topic grain market question
          Mallee if the Covid vaccine works the panic to buy extra wheat will likely subside... if you have plenty in Australia... then easily by March perhaps...? New Southern Canadian prairies winter 20-21 forecast now above average precipitation below average temp...

          Comment

          • jazz
            Senior Member
            • Jul 2018
            • 9308

            #6
            mallee, Russia always blows off its trade before the new yr. Thats normal for those guys.

            Comment

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