Wheat is on fire!

[furrowtickler]

I would take $10 wheat and 1/2 the cost of fertilizer , fuel and herbicide all day long .....
The risk of growing this crop is becoming exponentially historically burdensome every day . And I have been doing this for only 30 years . God help us if we have no crop

[TOM4CWB]

I would take $10 wheat and 1/2 the cost of fertilizer , fuel and herbicide all day long .....
The risk of growing this crop is becoming exponentially historically burdensome every day . And I have been doing this for only 30 years . God help us if we have no crop

The weaponization of Oil…

Gold was over $2000

US unilateral banning of Russian oil…

Covid hitting China…

Putin ‘War will Continue’…

UN 1.5M Refugees in 10 days 1M to Poland…

[Sodbuster]

Sold my first wheat this morning, noticed that a couple of the grain companies have now raised their basis to over three dollars a big change from last week. Basis is still not that great when you consider that Minny wheat is in usd. Looking like grain companies wanting to compete for whats left from last year’s drought.

[crusher]

I'm not sure of all grain companies but Cargill is using September futures for old crop HRS. Be careful out there.

[beaverdam]

The world sat back and let this happen.... it all played out right in front of all of us .
They knew it was going to happen and did nothing

Almost like they wanted it to happen! ???

(high oil prices are the only way to make green energy somewhat viable and cost effective)

(making the cost of living more expensive = more families reliant on government support)

[therealnorthernf]

made my donation to the Red Cross Ukraine fund on the weekend, then the first wheat sale this morning... #2 at 13 protein....$14.00

there always has to be winners and losers(I hope the grain companies are making donations to the Ukraine).. Sad the world we live in

[fjlip]

Larry posted Spring wheat at PNW $17.16! $15.09 at Billings, $14.13 Saskatoon.

If we make a few $$, fuel, fertilizer, chem will take that from us.

[crusher]

I've been watching wheat trade today. Just did a 50 cent up and down move in 10 minutes. Targets are the way to play this I think. Just dumped a little old crop canola, $25.50. Oh well.

[fjlip]

So sad to give it away at 25.50

[Sodbuster]

I think we take out the highs for wheat and canola by May, market has to buy acres away from corn and soybeans and the Ukraine Russia conflict brings a lot of uncertainty to grain acres and infrastructure.