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$ 8.00 wheat

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  • beaverdam
    Senior Member
    • Mar 2018
    • 1451

    #31
    Gap on Dec 23rd, filled on Dec 28;

    today looks like a rocket going off all right!

    https://www.barchart.com/futures/quotes/MWZ21/overview https://www.barchart.com/futures/quotes/MWZ21/overview


    if you scroll down, on the right side you'll see resistance and support levels. FWIW

    Comment

    • malleefarmer
      Senior Member
      • Nov 2005
      • 5424

      #32
      Calculation into Canadian $ per bushel on farm here for bog standard 10.5/11% protien wheat is $7.76 Canadian per bushel. Last nights moves only showed a minimal rise in local prices currency cutting at prices think wheat went up at best $1 per tonne barley down a buck per tonne. Playing catch up with you guys now

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      • malleefarmer
        Senior Member
        • Nov 2005
        • 5424

        #33
        Happy New Year. CBOT Mch wht at 640.5 USc, a multi yr high. A$ above 77 USc. Down A$1.23/t o’night on strong A$. Speculation Argentina may suspend wht exports as they have done with corn. Now a lack of weather news as nth hemisphere crops in dormancy, so expect volatility.

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        • beaverdam
          Senior Member
          • Mar 2018
          • 1451

          #34
          Last couple trading days, seems Minneapolis Wheat finally making stronger moves up, relative to Chicago and Kansas. Maybe farmers will see $8 or better.

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          • furrowtickler
            Senior Member
            • Dec 2004
            • 22283

            #35
            Still lagging locally
            G3 and grains connect still offering higher bids , have been for 3 months now

            Comment

            • mcfarms
              Senior Member
              • Nov 2004
              • 1699

              #36
              viterra Indus $8.00 14.0 1cwrs april-may del. offered .

              Comment

              • farmaholic
                Senior Member
                • Sep 2010
                • 17487

                #37
                A GrainCo called today offering a higher price for Feb delivery than what I sold for for June delivery.
                I used my "all or nothing" approach to selling my spring wheat this year. Oh well.

                Comment

                • beaverdam
                  Senior Member
                  • Mar 2018
                  • 1451

                  #38
                  Originally posted by farmaholic View Post
                  A GrainCo called today offering a higher price for Feb delivery than what I sold for for June delivery.
                  I used my "all or nothing" approach to selling my spring wheat this year. Oh well.
                  Did you ask to deliver your contract in Feb? Nice hauling when your not busy and the roads are frozen.

                  Comment

                  • farmaholic
                    Senior Member
                    • Sep 2010
                    • 17487

                    #39
                    Originally posted by beaverdam View Post
                    Did you ask to deliver your contract in Feb? Nice hauling when your not busy and the roads are frozen.
                    Two different companies. Seems I needed to take June delivery to get my price where I sold. We won't haul after March 15th because of road bans. I offered to deliver some in Feb if they want, they seem to be looking for delivery in that period but weren't willing to pay me what I wanted.... but would for June. GrainRep said they would see....i guess if they can't fill the Feb shipping period....maybe I will be able to haul some.

                    Comment

                    • Guest

                      #40
                      Originally posted by wiseguy
                      What the hell you sell for ??

                      Never sell now for june delivery !

                      I thought you knew better !
                      didn't you sell everything from the combine ?

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