Hard Red Spring Wheat - MGEX March Futures

[farming101]

Commercial wheat stocks and producer deliveries

[makar]

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

[Old Cowzilla]

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.

[BTO780]

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

[furrowtickler]

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

[TOM4CWB]

Same here , the bids were there , but they would not buy . Frustrating

BC Nov Floods messed up shipping no doubt... no fun for anyone.

[crusher]

I got nervous and sold half of remaining wheat inventory. Got a decent basis. I may buy Minny back if it slides down to $9.

[fjlip]

CBOT wheat up 14 cents US off the support...now what? Minnie Wheat decoupled still.

[wheatking16]

CBOT wheat up 14 cents US off the support...now what? Minnie Wheat decoupled still.

It looks like my bearish Target 1 with the confluence of a fib level and 200 DMA could get hit.

The original analysis from December 9.

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

[farming101]

Support on the continuous chart at about 911 1/2
Though having said that I wouldn't be a buyer just yet