Hope it keeps heading north

Commodity Marketing


Hope it keeps heading north

May 20, 2020 | 16:04 1 CBOT July wht up A$5.76/t & Dec up A$4.17. It’s all about Russia with a rising rouble helping EU & US wht. Russian grain prodn estimates reduced by 5 mill t. Record flour prices may see export quotas extended. Rain for Russia but dry in 10 day forecast for parts of west Europe. Reply With Quote
May 20, 2020 | 22:20 2 That is the right direction, however it's got a long way to go.
Missed printing a seven month low on May 18th by a few pennies Reply With Quote
May 21, 2020 | 04:16 3 Sold remaining 25t old season wheat getting loaded Tommorow $350 on farm a mere pittance to what you guys receive but I will take it Reply With Quote
May 21, 2020 | 05:14 4 Total #Russian grain production could be down approx. 5MMT to a total of 120MMT, with recent comments from the Russian Ag Minister who stated adverse #weather conditions during the winter-spring period could decrease #yields by up to 30% in some regions. Reply With Quote
May 21, 2020 | 05:21 5 Ya,right, good for a chuckle

Ordinary #1 13.5 Hard Red Spring is fetching about 260-270 AUD depending how long you want to store it. Reply With Quote
May 21, 2020 | 05:34 6 Open market open slather on the high side and low works for us guys Reply With Quote
May 22, 2020 | 18:37 7 Social media often gives a skewed view of reality.

But appears Texas wheat yields all over the shop mostly coming in less than expected Reply With Quote