Wheat does it have legs to Run!

[SASKFARMER]

Well does wheat have the legs to go? I think so.

Paris milling wheat has had an awful crop and quality is the order of the day. Canada, USA have shitty yield crops.

Yep is my guess but not to the highs of a few years back.

I want 15 my bins are locked. that would be 12 dollars, Min.

What are others thinking?

[Guest]

WTF are you posting marketing shit for ?
don't you know this is a covid/global warming/fear mongering/site??

[Robertbarlage]

It will now! foresure because I sold all the little I had.

[SASKFARMER]

I told all our companies that buy from us start calling me at 12 or higher I want 15. We have half the crop so let’s have some fun less to haul and make some real money with half the crop.

Can I say it again half the crop!

[SASKFARMER]

I’m

[Hamloc]

How much will the corn price affect the wheat price? The U.S. is harvesting a good corn crop. France has a good corn crop as well. Will moderating corn prices put a cap on how high wheat can go? A few places in Alberta at $12 now for #1 13.5 CWRS.

[farming101]

3 bucks would be a fantastic basis. About 2.25 at some places now.

There's a mark on the charts at about 10.80 MW

[Sodbuster]

We don’t see $15 unless drought continues in to spring, $13-$14 Jan-Mar. If drought still persists into June we scream past $15.

[bucket]

even with 2 to 3 inches we would still be in a drought situation.

Most areas are 10 inches deficit for moisture.

[newguy]

Trouble with wheat is buyers do not get too excited over production issues as much as other grains because through out the world there is multiple harvests per year.A run is possible but needs many factors to line up right.