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Seems "spring wheat futures" are being noticed this morning

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  • beaverdam
    Senior Member
    • Mar 2018
    • 1451

    Seems "spring wheat futures" are being noticed this morning

    Leading the wheats today.

    Up 11-12 cents Old crop

    Up 9-11 cents New crop
  • AlbertaFarmer5
    Senior Member
    • Oct 2010
    • 12557

    #2
    How dare you, start yet another marketing related thread on a commodity marketing forum.
    If you keep up this reckless behavior I may have to report you to the mods.

    Did the market decide they need to buy some wheat acres back from beans and corn?
    Continued dryness?

    Comment

    • agstar77
      Senior Member
      • Jul 2001
      • 6247

      #3
      Sold 3 semis at 8 , premium for June.

      Comment

      • farming101
        Senior Member
        • Mar 2011
        • 3955

        #4
        Booked 10 loads of wheat a bit ago for pig feed. $8

        Comment

        • Old Cowzilla
          Senior Member
          • Nov 2020
          • 1592

          #5
          I wonder if wheat can even buy any acres from corn or soybeans, in fact I think they are loosing more ground for canola , oats, barley, and any pea-feed mix needed to make feed. A lot of hay bale ads have dissapeared like everyone has noticed. If grass cattle go to feedlots early this year won't take long to burn up any extra wheat kicking around.

          Comment

          • SASKFARMER
            Senior Member
            • Dec 2005
            • 7022

            #6
            It's dry in the HRS wheat area of the USA, Canada it's also dry and we should be causing quite a concern but still off the radar.

            Comment

            • agstar77
              Senior Member
              • Jul 2001
              • 6247

              #7
              Radar will be the key word!

              Comment

              • Guest

                #8
                we are losing moisture big time here with this relentless wind
                will take a time lapse photo of a slough 12 hours apart
                last of them should be gone today, its unbelievable , like the ground just opens up

                Comment

                • sawfly1
                  Senior Member
                  • Sep 2016
                  • 947

                  #9
                  Is it too early to panic a little.
                  Wheat bids , up , locally, but still
                  Have enough in the bins to cover fall
                  Contracts. Maybe it can sit there.
                  Canola , I have 1/3 enough.
                  That precipitation map is brutal, esp.
                  Considering I am not in the worst of it.
                  One other time, i bought back contracts
                  It was not the wise move.

                  Comment

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