Wheat markets up , Ukraine Dam destroyed

[foragefarmer]

Canadas worst dam looks better than that rat trap in Ukraine. We all know coke boy was responsible.

Nova Kakhovka was started under Soviet leader Josef Stalin and finished under Nikita Khrushchev.

Your Commie hero's built the rat trap Jazz, so who's surprised?

[Old Cowzilla]

With the loss of the dam what was most of the irrigation water being used for Corn, potatoes ? Just some wheat maybe ?

[AlbertaFarmer5]

With the loss of the dam what was most of the irrigation water being used for Corn, potatoes ? Just some wheat maybe ?

I just read that Sunflowers are one of the biggest crops in that irrigation area. Which could explain the strength in Canola relative to wheat yesterday.

[furrowtickler]

I see from twitter the port is now flooding bad as expected, not a goo situation
Even worse for all the citizens that have endured this stupid war and now this .
Economic fall out in that region will be huge

[TSIPP]

That blown up dam is almost twice the size as lake Diefenbaker, it holds almost 15 million acre feet of water.

[quadtrac]

Doesn’t seem like any news really affects the markets anymore.
Just go up and down for basically no reasons.

[furrowtickler]

Doesn’t seem like any news really affects the markets anymore.
Just go up and down for basically no reasons.

All fund money and USDA tinkering
Nearly zero to do with supply/ demand anymore

[fjlip]

And DOWN goes wheat today...all bullsh it

[helmach]

[Marusko]

Also

North american drought becoming more evident

News story in Kansas wheat harvest will be smallest in 60 years

https://www.kwch.com/2023/06/05/kansas-wheat-harvest-looks-be-historically-small/

Alberta moisture update May 29 notes little reserve moisture in the soil, with large areas of the province having 1-in-25 and 1-in-50 year deficits

Why does wheat keep floating down? Maybe too early in the season for the weather to hit the market?