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Min Spring Wheat 10$!

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  • Oliver88
    replied
    Originally posted by SASKFARMER View Post
    Got some nice last year's wheat that's going to go this year.

    Told by one company to put in a target I said a target is the grain company shooting fish in a barrel you know how low the guys are willing to go.


    $12 was almost out there today and with the break maybe the quality will pay they are still ****ing guys on protein as they need our shit to blend with poor wheat to give a nice loaf of bread.
    Amazing to see $12 in October. Normally the high price is late May - early July.

    Leave a comment:


  • Sodbuster
    replied
    Lock the bins up and let them bid up wheat and canola.
    Last edited by Sodbuster; Oct 22, 2021, 13:10.

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  • SASKFARMER
    replied
    Got some nice last year's wheat that's going to go this year.

    Told by one company to put in a target I said a target is the grain company shooting fish in a barrel you know how low the guys are willing to go.


    $12 was almost out there today and with the break maybe the quality will pay they are still ****ing guys on protein as they need our shit to blend with poor wheat to give a nice loaf of bread.

    Leave a comment:


  • farming101
    replied
    Originally posted by TOM4CWB View Post
    Mini Dec21 made it to $10.13!

    Break out…? Russia raised the export tax again…

    Cheers
    By my reckoning December broke out Oct 6. Watching for 10.80

    Leave a comment:


  • TOM4CWB
    replied
    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

    Leave a comment:


  • wheatking16
    replied
    CBOT Wheat taking another crack at breaking the measured move price target.



    Click image for larger version

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  • BreadWinner
    replied
    Hang on to your hats, next level of resistance is 18.00

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  • farming101
    replied
    10.02 December

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  • fjlip
    replied
    $8 oats Jan Viterra beats all the crops...inputs cheap IF IF there is a crop.

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  • agstar77
    replied
    With N at a dollar a pound and other costs what will be enough?

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  • BreadWinner
    replied
    All the big experts will have their heads exploding when it races up to $18

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  • seldomseen
    replied
    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.

    Leave a comment:


  • furrowtickler
    replied
    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

    Leave a comment:


  • TOM4CWB
    started a topic Min Spring Wheat 10$!

    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!!!
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