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    #1

    Event of the day

    Wheat market finding legs
    Tags: None
    #2
    Originally posted by malleefarmer View Post
    Wheat market finding legs
    How does $5.45-$5.75 #1 13.0 Px delivered to inland terminals suit you?

    Comment

      #3
      Hopefully it can keep it legs , feed wheat was worth more at times.
      Got more money for wheat that laid under the snow for a month last year than good wheat this year.

      Comment

        #4
        Not sure of bushel price but guy desperate for 50t wheat $292 on fam no problems he said.

        Comment

          #5
          Originally posted by malleefarmer View Post
          Not sure of bushel price but guy desperate for 50t wheat $292 on fam no problems he said.
          In the School of Hard Knocks, which I attended, that's $8.00/bu. AUD

          Unless you guys have different sized bushels and tonnes
          Last edited by farmaholic; Nov 25, 2019, 17:44.

          Comment

            #6
            So Mallee's $292 versus our $207.

            Does that make you feel warm and fuzzy?

            Not really a complete apples to apples comparison though. Oz Domestic(?) versus Canadian export. Freight.

            Comment

              #7
              Errr drought induced basis

              Comment

                #8
                Originally posted by farmaholic View Post
                So Mallee's $292 versus our $207.

                Does that make you feel warm and fuzzy?

                Not really a complete apples to apples comparison though. Oz Domestic(?) versus Canadian export. Freight.
                I’m sure 1.4 t ha in this 185 ha paddock doesn’t make you warm and fuzzy a quarter of what you guys get but it is what it is think it’s my worst field

                Comment

                  #9
                  Originally posted by malleefarmer View Post
                  I’m sure 1.4 t ha in this 185 ha paddock doesn’t make you warm and fuzzy a quarter of what you guys get but it is what it is think it’s my worst field
                  Ya 20 bu/ac is kinda lean. Saskfarmer sets the high-water mark in Saskatchewan. All pricing of inputs, fuel and machinery are based off his production numbers, kinda makes it hard on guys like me sandbox farming in the Slum of the Ghetto.

                  Comment

                    #10
                    Legs chopped off today
                    That never took long

                    Comment

                      #11
                      Snapshot of last few days
                      Canola 572 on farm flat no oil bonus yield 800 kg
                      Next week delivering 225 tonne feed barley 246 on farm around 3 t
                      Wheat 295 hopefully next field 2.2 t
                      Lupins 515 1.2 t ha
                      Last edited by malleefarmer; Nov 27, 2019, 04:37.

                      Comment

                        #12
                        Legs back on
                        Too bad MW is at such a terrible discount. Historic. Only 2 months in last 20 years when it's been worse
                        Click image for larger version Name: MW ZW nov 29 19.jpg Views: 1 Size: 64.5 KB ID: 769160

                        Comment

                          #13
                          Why 101?
                          Why is the Shitcago Board of Trade wheat higher?
                          Did most of that wheat crop come off?

                          Good quality CWRS pricing is dismal around here.

                          Comment

                            #14
                            Originally posted by farmaholic View Post
                            Why 101?
                            Why is the Shitcago Board of Trade wheat higher?
                            Did most of that wheat crop come off?

                            Good quality CWRS pricing is dismal around here.
                            The solution farmaholic is to grow more.....ramp up production into a system that is essentially still on strike.... every strike day costs a week of logistics....grow more you will be better off...listen to the experts that are not buying your bins , tires, fuel, or replacing worn machinery....get in line for phuck sakes....

                            Comment

                              #15
                              Originally posted by farmaholic View Post
                              Why 101?
                              Why is the Shitcago Board of Trade wheat higher?
                              Did most of that wheat crop come off?

                              Good quality CWRS pricing is dismal around here.
                              Looking at the SRW market on it's own explains part of the reason.
                              Exports off to a great start. There is already a little over half of the estimated crop year exports shipped with a further approx 18% on the sales book. Marketing year begins June 1.
                              Ending stocks forecast to drop for the 4th year in a row.

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