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Chicago Wheat,,,What gives today?

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    Chicago Wheat,,,What gives today?

    Nice pop, anyone read what's pushing it up, 25cents old crop, 20 cents new crop.
    Frost damage showing in the Ohio valley, maybe on the Kansas plains?
    KCBT Wheat up 18-22 cents old and new crop.
    Of course, Minneapolis lagging at 9-11 cents old an new.

    #2
    Minneapolis was up 14 cents.

    Comment


      #3
      .......the only logical reason I can think of is.... because I sold our wheat last week.

      Comment


        #4
        They are forecastto get what is called A very impressive weather event in Kansas bringing tons of moisture. Shorts want out.

        Comment


          #5
          Ya, here's a link to info on that storm.

          https://www.msn.com/en-ca/weather/topstories/central-us-bomb-cyclone-to-generate-blizzard-flooding-and-severe-storms-midweek/ar-BBUH2RH?ocid=spartanntp https://www.msn.com/en-ca/weather/topstories/central-us-bomb-cyclone-to-generate-blizzard-flooding-and-severe-storms-midweek/ar-BBUH2RH?ocid=spartanntp

          Seems like it might move north of Kansas, but you know how good weather forecasts are. A lot of freezing rain and/or snow might not be so good for the wheat.

          Comment


            #6
            Wild week for Minneapolis wheat.
            Ended the week off a few cents higher.

            Has been storms/blizzards in South Dakota, Nebraska, Kansas, Colorado and Wyoming.

            Comment


              #7
              Minneapolis up 6 cents.
              What is the reason?

              Nebraska and SD Flooding?

              Comment


                #8
                What signals are you getting "locally"?

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                  #9
                  $7.22 new crop HRS offered here.

                  Comment


                    #10
                    Originally posted by blackpowder View Post
                    $7.22 new crop HRS offered here.
                    I don't know what new crop is here.

                    Our mid-point Sask. freight would eat into that price....I guess that's the price of farming in the "Slum of the Ghetto of the Ghetto"!!!!!

                    Comment


                      #11
                      All wheat up Friday and today.
                      It has to climb more before there is a decent price.

                      Quality issues in USA

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                        #12
                        Another big weather event forecast for the central US.

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                          #13
                          Originally posted by blackpowder View Post
                          $7.22 new crop HRS offered here.
                          $6.11 here

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                            #14
                            Wtf? Wheat board is gone wasn’t wheat always gonna be 10 bucks minimum? Oh ya that’s for the other guys sellin what we sold to them. Sorry.

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                              #15
                              Corn. Dragging wheat higher

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