Wheat

[wrongway]

Sometime you have to wonder if grain markets are too distorted with the huge amount of speculators shorting the market lately.

Specs drove prices up to the highs when Russia invaded Ukraine. It works both ways

[foragefarmer]

Putin needs funds to support his war, Black Sea wheat prices being heavily discounted.

Many on Agriville posted Putin was provoked and defended his cause with old maps, Nazis claims, NATO, and other B.S.

Now it's your turn to feel the negative effect of Putin's unjustified war with Ukraine , in your pocketbook.

[furrowtickler]

So we all suffer cause of someone’s opinion that has zero cause and effect on that war ?
what a petty response

[fjlip]

The West sanctions reduced the RUBLE, there fore Russian grain is cheaper to buy, our OWN fault. We lose trying to hurt Russia. Their farmers making money, have all the fertilizer and fuel they need.

[furrowtickler]

They could have stopped that war before it happened
the instant Biden got in , Putin started mobilizing and the western world sat back and did SFA to stop it .
BRICS went into full swing as well and the western world laughed .
now that’s what we are paying for and it will take a decade or longer to straighten out .
it’s also because of very weak North American leadership while encircling Russia that this finally let lose .
regardless, the world wheat production is down again , the stocks to use ratios dropping , prices dropping , because they let Putin waltz into the Ukraine untouched from the get go
so think who is at fault

[Hamloc]

Minneapolis wheat has lost over 40 cents a bushel in the last 2 weeks. Local bids for hard red have gone from mid nines to high eights. Gloomy outlook. Any thoughts on where the market will bottom, outlooks for next fall?

[BTO780]

Toilet bound like everything else!!

[furrowtickler]

Might have to get back into canary seed , black beans and other crops for a few years

[ColevilleH2S]

...so think who is at fault

Russia

[dave4441]

Might have to get back into canary seed , black beans and other crops for a few years

Canary acres likely to rebound and demand has been the lowest I have ever seen in 22 years. Millet prices in USA are 10 cents/lb so getting our lunch eaten.

The only thing keeping that market from doing what the other markets are doing is due to farmer holding of old crop supplies. This crop doesn't need more acreage.