• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Announcement

Collapse
No announcement yet.

Hard Red Spring Wheat - MGEX March Futures

Collapse
X
Collapse
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Hard Red Spring Wheat - MGEX March Futures

    Sell Signal Triggered

    https://klarenbachgrainreport.substack.com/p/hard-red-spring-wheat-march-futures

    Click image for larger version

Name:	QMWH2022_2022-01-03_10-20-18.jpg
Views:	1
Size:	16.5 KB
ID:	779714

    #2
    The world has lots of shitty wheat and they will use it up so good will be sacrificed in the sell off.

    Comment


      #3
      WTH,,, Chicago, Kansas and Minneapolis markets are open today,,, and Canadian Canola closed !

      Damn, Canadians are getting used to not working.

      Comment


        #4
        So the legs in the wheat market are broken?

        Comment


          #5
          Grains up this am.
          Canola futures + $11 gain.

          Comment


            #6
            From Arlan Suderman yesterday:
            State reports indicate a collapse of winter #wheat condition ratings in KS, OK & NE, as well as a significant decline in CO over the past four weeks.
            Andthis:
            StoneX Brazil slashes its #soybean production estimate by 11 mmt to 134 mmt, while cutting #corn production by 2.5 mmt to 117.5 mmt due to recent crop stress.

            No progress & no escalation (so far) after yesterday's Biden-Putin call. Still think that any open conflict could be a limit-up event for the #wheat market.
            Last edited by AlbertaFarmer5; Jan 4, 2022, 11:22.

            Comment


              #7
              Wht under 12 now..
              What a P.O.S..

              Comment


                #8
                And c-xr-1 on Newagtalk had this to say, and he seems to have a decent track record:

                My projection on weekly corn chart is over 11 bucks..this should stir up the bears..a reminder - charts don't say why, only where with lines.

                what do your lines say Spike?

                Comment


                  #9
                  Wheat market going to sheet to start the yr!!!

                  Wow, what a disgusting market!!!

                  Will soon be hearing the “shoulda, coulda, wouldas” pretty soon if this continues.

                  Just shows how little say Canada has in the world wheat market even with a drought.

                  Comment


                    #10
                    Originally posted by BTO780 View Post
                    Wheat market going to sheet to start the yr!!!

                    Wow, what a disgusting market!!!

                    Will soon be hearing the “shoulda, coulda, wouldas” pretty soon if this continues.

                    Just shows how little say Canada has in the world wheat market even with a drought.
                    This is the mission of my newsletters.

                    Follow the price, ignore the news and forget what we think should happen.

                    Only price pays.

                    Comment


                      #11
                      Commercial wheat stocks and producer deliveries
                      Click image for larger version

Name:	Wheat Stocks.jpg
Views:	1
Size:	71.9 KB
ID:	772185

                      Comment


                        #12
                        All my wheat would have been gone at 13 if someone would of bought it.

                        Comment


                          #13
                          Originally posted by makar View Post
                          All my wheat would have been gone at 13 if someone would of bought it.
                          I think you will still get your wish long time till green grass and stuff having a hard time being green south of us.

                          Comment


                            #14
                            SKF said $15 bu is his number, so I will go with that.

                            Comment


                              #15
                              Originally posted by makar View Post
                              All my wheat would have been gone at 13 if someone would of bought it.
                              Same here , the bids were there , but they would not buy . Frustrating

                              Comment

                              • Reply to this Thread
                              • Return to Topic List
                              Working...