Wheat up big this morning
I would imagine protein spreads will be widening
I would imagine protein spreads will be widening
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Our $ dropping has helped the wheat basis (+$79 to +$89 per tonne basis for dec to july) BUT how long till the grain companies claw that back down to $66??Originally posted by furrowtickler View Post
#1 13.5 HRSW is over $12 in a couple delivery/futures months today.
About 8c/bu more for 17% protein.
Does anyone think they will be willing to increase protein premiums?
Some mills and grain terminals are not paying any premium over 13.5 now. -
Had a local elevator call me.last week wanting my higher pro wheat. Said there is a ton of low pro stuff out there. Asked if they were paying a premium.. they said no. I just laughed and told them they can have all of it for 50 cents more per bushel. But they are nailing guys 3 cents/ tenth point below 13.5.
Crooked crooked crooked.
Bit of a stutter when i asked if they were wanting to dump my higher pro wheat ontop of some low pro...Comment
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Hold any high pro wheat 🌾, very little around volume wiseOriginally posted by goalieguy847 View PostComment
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12.50 Viterra Nov.Comment
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Nice having lots of free marketing choice nowadaysComment
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It may not be perfect but it’s definitely more freedom than it used to be aggy.Comment
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You free to sell to whoever , whenever, as much or as little as you deem necessary at whatever price point fits your operating budget at any said time , Marketing freedom, such a terrible thing eh ?Originally posted by agstar77 View Post
Nothing in life is free…. For most of us
Just free to use the tools at hand without a nanny state works just fine most of the time for the majority of usLast edited by furrowtickler; Oct 1, 2022, 09:15.Comment
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It’s awesome! Free market rules!Comment
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