Red Spring Wheat Basis

[wheatking16]

I will even include a chart for riders2010.


1 CWRS Average Basis NW Saskatchewan

https://klarenbachgrainreport.substack.com/p/wheat-1-cwrs-basis

[TOM4CWB]

I will even include a chart for riders2010.


1 CWRS Average Basis NW Saskatchewan

https://klarenbachgrainreport.substack.com/p/wheat-1-cwrs-basis

[ATTACH]9358[/ATTACH]

Am I to assume this is a positive basis above Mini nearby futures month [Dec 21]?

virtually all our elevator prices quoted are for 2CWRS 13.5, what spec is this?

Cheers

[wheatking16]

Am I to assume this is a positive basis above Mini nearby futures month [Dec 21]?

virtually all our elevator prices quoted are for 2CWRS 13.5, what spec is this?

Cheers

Yes, the Mini nearby futures month that most of the buyers are using.

Thanks for pointing out the grade omission.

1CWRS 13.5

[AlbertaFarmer5]

And how does that compare to basis south of the border? Is this a local market due to the drought, or are futures not keeping up with reality?

[wheatking16]

And how does that compare to basis south of the border? Is this a local market due to the drought, or are futures not keeping up with reality?

Yeah, I don't know.

[TOM4CWB]

Yeah, I don't know.

Minot
Commodity Delivery End Cash Price
Spring Wheat Dec 2021 9.47
Spring Wheat Jan 2022 9.57
Winter Wheat Dec 2021 8.01
Birdfood Sunflowers Dec 2021 32.50

Local Cash Bids Dec 14, 2021 9:18pm
Berthold Elevator Delivery Cash Basis
Wheat (HRS) Dec 9.50 -0.70
Jan 9.55 -0.65
Feb 9.55 -0.65
Mar 9.55 -0.65
Apr 9.49 -0.60
Aug 2022 8.42 -0.80
Wheat (HRW) Dec 8.10 0.00
Jan 8.10 0.00
Aug 2022 7.23 -0.80
#2 Feed Barley Dec 6.00 0.00
Jan 6.00 0.00
Aug 4.50 0.00
Mill Durum Dec 16.00 0.00
Flax Dec 30.00 0.00
Jan 30.00 0.00
Sept 20.00 0.00
Soybeans Dec 12.25 -0.35
Jan 12.25 -0.35
Feb 12.05 -0.60
Mar 11.95 -0.70
Oct 2022 11.63 -0.80
#2 Corn Dec 5.75 -0.15

P&H Viking AB Tuesday Dec 14 2021 9:11am
1CWRS 13.5-Jan $13.00/bu [Way to go Jerry! wink wink nudge nudge]
Oct $10.85

Cheers

[flea beetle]

What is the clearfield variety to grow? Got phoned to rent a quarter, as the previous renter passed away. Was peas last year. Don't want to take a chance with residual carryover with how dry it was last year. Never seeded any clearfield varieties before, so have no knowledge on them.

[TOM4CWB]

What is the clearfield variety to grow? Got phoned to rent a quarter, as the previous renter passed away. Was peas last year. Don't want to take a chance with residual carryover with how dry it was last year. Never seeded any clearfield varieties before, so have no knowledge on them.

Clearfield Canola might be better!

[flea beetle]

Clearfield Canola might be better!

I believe it was canola the year before. So canola, peas, canola might be asking for sclerotinia, and possibly clubroot issues?

Or close my eyes and plug my nose and take advantage of $23 canola? lol

[TOM4CWB]

I believe it was canola the year before. So canola, peas, canola might be asking for sclerotinia, and possibly clubroot issues?

Or close my eyes and plug my nose and take advantage of $23 canola? lol

If it was dry in 2021 then peas wouldn't cause the sclerotinia fungus to multiply... Clubroot resistant varieties should still be available... peas[residue and roots] seem to have a natural beneficial fungicide effect... plus I would apply spring granular EDGE pre-emerge as it also may have further beneficial soil health effect... now another tool to further prevent group 2 resistance.

Strange how for 30 years... using treflan, avadex, and edge... 2 year rotation[Canola wheat]... no blackleg clubroot back then..... didn't show up till GMO hybreds ... just co-incidence??? DYODD. Find out what kind of Canola in 2019 to spray out those possible [RR or Lib] volunteers if at all possible to further lower Back Leg clubroot risks.

Cheers