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Wheat

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  • AlbertaFarmer5
    Senior Member
    • Oct 2010
    • 12564

    #21
    Originally posted by Jay-mo View Post
    Anyone know why soybeans are holding up vs canola? Close to $2/bushel more then canola here.
    Meal has been the story, not oil. I'm not sure that it makes sense, but the story is that the shortage of soybeans from Argentine crushers is driving up demand for meal. Which is flooding the market with excess oil as a byproduct.
    So much for that renewable diesel story where the demand was going to be for the oil, and meal would be the by-product.

    Comment

    • wheatking16
      Senior Member
      • Apr 2010
      • 572

      #22
      Originally posted by Jay-mo View Post

      So what your saying is when there's a one day rally, sell something?

      It is not that simple, but identify levels where there is a supply of sellers and sell on weakness or exhaustion of the move.

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      • AlbertaFarmer5
        Senior Member
        • Oct 2010
        • 12564

        #23
        Originally posted by furrowtickler View Post

        Been 1-3 day rallies at best then it falls back since harvest
        but at least it’s holding somewhat. Canola been on a sinking submarine for a long time
        Actually, wheat just finished an 8 day rally. Before taking a two day pause. The last time wheat had a longer consecutive run was nearly 40 years ago in 1986.

        Comment

        • Blaithin
          Senior Member
          • Sep 2016
          • 2521

          #24
          Check your bins before getting excited about a rally. Rusty’s and heated are making more and more frequent appearances. Nothing worse than the balloon of a mediocre trigger getting popped with a heated diagnosis.

          Comment

          • flea beetle
            Senior Member
            • Jun 2019
            • 1287

            #25
            Originally posted by Blaithin View Post
            Check your bins before getting excited about a rally. Rusty’s and heated are making more and more frequent appearances. Nothing worse than the balloon of a mediocre trigger getting popped with a heated diagnosis.
            All grains? Or just wheat?

            Comment

            • furrowtickler
              Senior Member
              • Dec 2004
              • 22043

              #26
              Originally posted by Blaithin View Post
              Check your bins before getting excited about a rally. Rusty’s and heated are making more and more frequent appearances. Nothing worse than the balloon of a mediocre trigger getting popped with a heated diagnosis.
              we had two bins , just a pocket in each . These were non aerated with no roof vents, with warm grain
              anything with air that was cooled is not an issue .
              Caught them quickly, and treated into other bins
              this was dry wheat , but very warm when stored . Generally can happen between mid November to Mid December if those bins not moved of at least turned . If cooled , generally never an issue

              Comment

              • Blaithin
                Senior Member
                • Sep 2016
                • 2521

                #27
                Originally posted by flea beetle View Post

                All grains? Or just wheat?
                Wheat. Haven’t seen or heard about anything in other grains so far.

                Comment

                • countryguy
                  Senior Member
                  • Nov 1999
                  • 685

                  #28
                  Originally posted by furrowtickler View Post

                  we had two bins , just a pocket in each . These were non aerated with no roof vents, with warm grain
                  anything with air that was cooled is not an issue .
                  Caught them quickly, and treated into other bins
                  this was dry wheat , but very warm when stored . Generally can happen between mid November to Mid December if those bins not moved of at least turned . If cooled , generally never an issue
                  Every bin should come standard with a Gatco air tube

                  Comment

                  • AlbertaFarmer5
                    Senior Member
                    • Oct 2010
                    • 12564

                    #29
                    Originally posted by countryguy View Post

                    Every bin should come standard with a Gatco air tube
                    Do they work with aeration? Or only in non aerated bins? It seems to me that the air would take the path of least resistance out the air tube, and bypass the majority of the grain in the bin.

                    Comment

                    • furrowtickler
                      Senior Member
                      • Dec 2004
                      • 22043

                      #30
                      Originally posted by countryguy View Post

                      Every bin should come standard with a Gatco air tube
                      Do they work that well ?
                      they seem worthwhile

                      Comment

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