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Wheat nice up

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    Wheat nice up

    Weather weather weather EU cold this time.

    But wont be long before analysts call it over bought after the run up.

    Here down under feed barley wheat trading from $385 to 430 on farm respectively and plenty of guys storing waiting even higher prices.

    Hmm not sure of logic the threat/talk of grain imports will cap things she hard going for beef pork and poultry industries at these levels. Cattle and pork prices low.

    Funny and sure it happens over there not that i buy meat from supermarkets but "weve had to increase our prices due to drought" funny prices in saleyards are depressed so not sure were they get there thought process from.

    Buy my beef from a small butcher 10kg for a side of beef cut and packed to specs. Do our own lamb.

    Harvest will start this week might put a pic or two if i can handle the comments.

    #2
    Will there be an average wheat yield down under? 🇦🇺

    Or was the drought severe as the weather network in Canada made it out to be?

    Comment


      #3
      Those prices are high compared to what's happening here. Are you quoting "tons" or "tonnes"? LOL

      1 AUD = .95 CAD
      1 AUD = .72 USD
      1 CAD = .76 USD

      Freight and Handling and Tookery(lol) eat up quite a bit of the value of a tonne of world priced grain.

      Our local Inland Terminal(around here) delivered prices are from about $243-253/tonne for #1 CWRS 13.0-13.5 protein.

      That's quite a difference.

      CWRS November 2nd port "asking" prices are reportedly about $335/t in Vancouver and $350/t at the St. Lawrence.

      Sounds like a wide basis, eh bucket...? yet I have to pay the world price for fert.
      Last edited by farmaholic; Nov 12, 2018, 15:27.

      Comment


        #4
        Originally posted by farmaholic View Post
        Those prices are high compared to what's happening here. Are you quoting "tons" or "tonnes"? LOL

        1 AUD = .95 CAD
        1 AUD = .72 USD
        1 CAD = .76 USD

        Freight and Handling and Tookery(lol) eat up quite a bit of the value of a tonne of world priced grain.

        Our local Inland Terminal(around here) delivered prices are from about $243-253/tonne for #1 CWRS 13.0-13.5 protein.

        That's quite a difference.

        CWRS November 2nd port "asking" prices are reportedly about $335/t in Vancouver and $350/t at the St. Lawrence.

        Sounds like a wide basis, eh bucket...? yet I have to pay the world price for fert.
        Yup its a great deal ....Pay to get grain to the west coast to receive Russian prices...

        Comment


          #5

          Comment


            #6
            much better prices avaiable off the board with domestic market. Almost insane.

            of course seller beware you have to get your money

            Comment


              #7
              "CWRS November 2nd port "asking" prices are reportedly about $335/t in Vancouver and $350/t at the St. Lawrence."

              Those are like "cash price at Pattison JD", we get the RBA real price at like 50% of Pattison!

              Comment


                #8
                Originally posted by fjlip View Post
                "CWRS November 2nd port "asking" prices are reportedly about $335/t in Vancouver and $350/t at the St. Lawrence."

                Those are like "cash price at Pattison JD", we get the RBA real price at like 50% of Pattison!
                We pay the freight to get to the west coast.....This is the same ****ing nonsense seen prior to 2012...

                Zero transparency.....in sales or sales data....the freight bill is paid before the grain hits one of those gifted railcars...

                Comment


                  #9
                  Originally posted by malleefarmer View Post
                  much better prices avaiable off the board with domestic market. Almost insane.

                  of course seller beware you have to get your money
                  Those AWB prices are still alot better than our Inland Terminal "delivered" prices.....

                  WTF ....IS THE CANADIAN GRAIN MARKET THE WALMART OF THE WORLD GRAIN MARKET?????

                  When are our markets going to wake up from the sleepy slumber they're/there/their(Grassy!!LOL) in.

                  Comment


                    #10
                    Originally posted by bucket View Post
                    We pay the freight to get to the west coast.....This is the same ****ing nonsense seen prior to 2012...

                    Zero transparency.....in sales or sales data....the freight bill is paid before the grain hits one of those gifted railcars...
                    some 'farmer groups' asked for this.

                    Comment

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