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Min Spring Wheat 10$!

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  • TOM4CWB
    Senior Member
    • Dec 2000
    • 16511

    Min Spring Wheat 10$!

    I see $9.94 Min Spring Wheat!

    Back to pre-pandemic energy consumption with only 30% of the planes in the air… with a double oil price…

    Canola up over $940/t

    Restrictions on planting Canola by chemical residue for next year…

    Shortage of pulse seed

    Shortage of fertilizer?

    Cheers! Not a time for faint hearts!!!
  • furrowtickler
    Senior Member
    • Dec 2004
    • 21856

    #2
    This is something definitely none of us seen in our lifetimes.
    Good for those with crop
    A nightmare scenario for those that did not
    For those in between its some very tough decisions on where to allocate resources for what inputs to secure .

    Risk next year will be astronomical

    Comment

    • seldomseen
      Senior Member
      • Sep 2010
      • 2016

      #3
      Originally posted by furrowtickler View Post
      This is something definitely none of us seen in our lifetimes.
      Good for those with crop
      A nightmare scenario for those that did not
      For those in between its some very tough decisions on where to allocate resources for what inputs to secure .

      Risk next year will be astronomical
      Add in no moisture in the ground and never any rain. All we can hope for now is snow and snow is helpful but is not rain.

      Comment

      • BreadWinner
        Senior Member
        • Jan 2008
        • 1493

        #4
        All the big experts will have their heads exploding when it races up to $18

        Comment

        • agstar77
          Senior Member
          • Jul 2001
          • 6170

          #5
          With N at a dollar a pound and other costs what will be enough?

          Comment

          • fjlip
            Senior Member
            • Oct 2002
            • 9791

            #6
            $8 oats Jan Viterra beats all the crops...inputs cheap IF IF there is a crop.

            Comment

            • farming101
              Senior Member
              • Mar 2011
              • 3953

              #7
              10.02 December

              Comment

              • BreadWinner
                Senior Member
                • Jan 2008
                • 1493

                #8
                Hang on to your hats, next level of resistance is 18.00

                Comment

                • wheatking16
                  Senior Member
                  • Apr 2010
                  • 553

                  #9
                  CBOT Wheat taking another crack at breaking the measured move price target.



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                  Comment

                  • TOM4CWB
                    Senior Member
                    • Dec 2000
                    • 16511

                    #10
                    Originally posted by farming101 View Post
                    10.02 December
                    Mini Dec21 made it to $10.13!

                    Break out…? Russia raised the export tax again…

                    Cheers

                    Comment

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