Hard Red Spring Wheat

[Marusko]

Definitely a couple bins of 19 crop left. Most of the 20, and most of the 21. All with temp cables and aeration. Dried to beyond dry, since the 19 and 20 started out at closer to 20%.
To say I've got experience with storing grain at dangerous levels would be an understatement.

did ya empty your bins?

[beaverdam]

So hearing today(which I'm sure is old news) Russia selling wheat to Egypt big time, and to Europe(Gee I thought they all hated Russia and were putting trade sanctions against Russia)
Russia selling $30-60/t under market price.(otherwise, global price)
When will they run out, or maybe better, when will Russians run out of Ukraine wheat to sell?

[Landdownunder]

sounds like our AWB now as privacy timelines has elapsed and AWB books opening from way back when.

Single desk usedto under cut market by huge amount to make sales and was often covered with cash market sales following year which then had to be covered next year and so on and so on

Your CWB was above such shenanigans

[TOM4CWB]

sounds like our AWB now as privacy timelines has elapsed and AWB books opening from way back when.

Single desk usedto under cut market by huge amount to make sales and was often covered with cash market sales following year which then had to be covered next year and so on and so on

Your CWB was above such shenanigans

Not…

Stalin stole the Ukrainian grain in the 1930’s…. Starving the farmers to death…

Putin stealing Ukraine grain in 2023…. Killing Ukrainian farmers, destroying their infrastructure and farms….

Nothing changed… Putin no better than Stalin.
Stalin caused the collapse of global grain markets in the 1930’s….

What will Putin do in the end?????

Praying for wisdom….

[foragefarmer]

did ya empty your bins?

or watched it go up and watched it go down?

[tweety]

Definitely a couple bins of 19 crop left. Most of the 20, and most of the 21. All with temp cables and aeration. Dried to beyond dry, since the 19 and 20 started out at closer to 20%.
To say I've got experience with storing grain at dangerous levels would be an understatement.

Ever hear of the time value of money?

[fjlip]

Best NOT calculate.

[furrowtickler]

Pretty sad when CPSR is nearly worth as much as good #1 HRSW

[Guest]

quality means nothing anymore , look at our politicians
30 years ago they woulda been done away with

[TOM4CWB]

Pretty sad when CPSR is nearly worth as much as good #1 HRSW

New varieties of CPSR … if like ours at 13% px… is every bit as good for most milling applications as CWRS… if we have decent harvest conditions… falling numbers well over 350.

With dry Aug… 65lb/bu… looks like toffee…

Cheers

[Ronski]

New varieties of CPSR … if like ours at 13% px… is every bit as good for most milling applications as CWRS… if we have decent harvest conditions… falling numbers well over 350.

With dry Aug… 65lb/bu… looks like toffee…

Cheers

Do you still see a cps yield increase over the newer hrs varieties?
On my farm the price premium for hrs is almost gone but the cps yield bump isnt enough to be sure it wasn't just a 1/4" shower at a critical time.

[TOM4CWB]

Do you still see a cps yield increase over the newer hrs varieties?
On my farm the price premium for hrs is almost gone but the cps yield bump isnt enough to be sure it wasn't just a 1/4" shower at a critical time.

A toss up… no doubt…

Risk splitting… like most marketing… which will make more net… depends on global wheat markets… Hard Red Winter had more drought than Spring Wheat… then the spread decreases between the classes.

Cheers

[AlbertaFarmer5]

Ever hear of the time value of money?

When interest has been nearly free(past tense), and actually free on cash advance? And the only thing I want to spend the money on is land, and there is none for sale at any price. I would say doubling the value in the bins beats the time value in the bank quite handily. But I certainly do take that into account.

[AlbertaFarmer5]

did ya empty your bins?

I have sold about half of total canola this winter. Will sit on the rest till late spring/summer. Most barley sold. About 1/4 of wheat sold, no hurry to move the rest.

Edit, I just checked the date of the original post, April, about the time I should have been selling instead of bragging...

I was trickling some out all spring. But not nearly enough, held a lot for the usual early summer time frame. Swallowed my pride and sold a couple times on the way down. Then hauled a lot out last summer on basis contract. Eventually priced in end of October, could have done slightly better later, but was far better than the price while I was hauling it. Built a few more bins, and carried over quite a bit.

[AlbertaFarmer5]

or watched it go up and watched it go down?

That was last summer... Thanks for the reminder. I was trying to forget.