$ 8.00 wheat

[Partners]

We are delivering the last of our synergy malt.
Even with the shitty malt price,with our last yr yields we need $9.36 for our wht to be the same return as malt.

[jazz]

8.00 and a 1 million combine or air drill still does not compute.

What are you guys buying? A $100k drill and a slightly used $200k combine will do the same job as any newer equipment.

Maybe thats the real problem in ag, not the wheat prices.

[bucket]

sprayer and tractor and air drill and combines. All so close to the million-dollar club each. We still get paid in 1928 prices. Wheat would be 27 with inflation factored in. Bread would be up, what .50 cents a loaf.

Its a joke. the whole of ag.

Maybe you should cash in your Agri-invest.. ...

Bibeau is disappointed there is 2.5 billion sitting in those accounts.

..what Bibeau doesn't realize is 2.5 billion won't pay the fuel bills for western Canadian farmers spring seeding efforts....

[foragefarmer]

Bucket that may be true that 2.5 billion could be used for fuel this spring seeding, but I 'll bet there will still be 2.5 billion sitting in Aginvest on July 1/2021.

Farmers have to draw it out every year before the Governments "Might "think there's a problem with Western Canadian Ag.

[crusher]

I've already received a bid of $8 for May/21. G3

[Herc]

I've already received a bid of $8 for May/21. G3

Thats a really good price considering the $7 bids here. I’ll bite. Whats the story with that price?

[crusher]

#2. 13.5 protein

[beaverdam]

Thats a really good price considering the $7 bids here. I’ll bite. Whats the story with that price?

That's a good question Herc.

I'm not doubting you on the $8.00/bus crusher , but I'm thinking your wheat might be meeting some specific parameters???

That or G3 knows something about future wheat prices, that all the rest of us are still in the dark about,,, which is possibility not unreasonable.

Wheat going to western Europe?

okay, I see your reply above. Very low parameters, considering the volume of high quality wheat around this year.
Is it for a particular variety?

[bucket]

That's a good question Herc.

I'm not doubting you on the $8.00/bus crusher , but I'm thinking your wheat might be meeting some specific parameters???

That or G3 knows something about future wheat prices, that all the rest of us are still in the dark about,,, which is possibility not unreasonable.

Wheat going to western Europe?

okay, I see your reply above. Very low parameters, considering the volume of high quality wheat around this year.
Is it for a particular variety?

The saudis might not be able to get wheat from their current suppliers and maybe they, like me, are hoping Freeland and gang are gone soon...therefore G3 may be working to guarantee supplies??????

[beaverdam]

I see wheat up big this morning,
Chicago up 20
Kansas up 16
Minneapolis up 12

no yearend selloff,,, at this point.