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wheat and possible freeze

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    #31
    Rallied for a little gain at the end of the day. I think we are off to the races unless a deal is reached by the 18th. Place your bets! lol

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      #32
      US winter wheat harvest starts in about 30 days in the farthest south. Don’t place any bets on these thoughts, but would you think there are farmers in the States, in the dried out areas, frosted areas, that forward contracted wheat, and still haven’t got out of those contracts? The market often over estimates that a crop is better than it is, until the combines hit the field. So wouldn’t grain companies down there be looking for grain to fill contacts that have not been delivered upon because farmers don’t have the physical grain? Problem is I suppose the size of the damaged area is either unknown or just not being talked about in the media. You would expect a rally when the truth comes out eventually.

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        #33
        Originally posted by flea beetle View Post
        Rallied for a little gain at the end of the day. I think we are off to the races unless a deal is reached by the 18th. Place your bets! lol
        Your looking like the wizard this am!

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          #34
          Originally posted by shtferbrains View Post
          Your looking like the wizard this am!
          I hope flea is right , this wheat market has been doing some awful goofy things the past few days

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            #35
            Originally posted by shtferbrains View Post
            Your looking like the wizard this am!
            Even the dumb guys make the occasional lucky guess😉

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              #36
              I’ve had the doors locked till yesterday, sold 1/3 at $10.27, up .72 in two days have to take advantage of that. Not what I really wanted but with this really had to sell some.

              With Russia literally giving their wheat and oil away at discounts could be hard for wheat to keep going.

              Talked to a market analyst yesterday he figures wheat acres in Canada will come in higher in the June Stats Can report. Just putting it out there right now ….. I’m growing 25,000 of oats, turnips and few acres of cucumbers.

              Please everyone DON’T give any numbers out to these quacks.

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                #37
                Weather for the next week:




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                  #38
                  Weather patterns:








                  Blessings, safe seeding!

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                    #39
                    market direction this week will be interesting. Sideways my guess tread water

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                      #40

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                        #41
                        Weather for the next week US:




                        Precipitation longer term:




                        Blessings safe seeding!

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                          #42
                          Originally posted by Landdownunder View Post
                          market direction this week will be interesting. Sideways my guess tread water
                          got that wrong.....

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                            #43
                            Originally posted by Landdownunder View Post
                            got that wrong.....
                            Lots of extra curricular activities going on, hard to judge anything these days

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                              #44
                              Click image for larger version

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                              Might strengthen protein spreads?
                              Last edited by shtferbrains; May 11, 2023, 07:22.

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