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Here is a current pool estimate fyi

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malleefarmer
Nov 23, 2020 | 05:06 1 For example only doesn’t mean im gonna pool grain. 100t example
Hopefully screen shot is legiable.

Name: ED7CA93E-40A2-4489-A726-B33D282501E9.jpg Views: 455 Size: 19.7 KB Reply With Quote
malleefarmer
Nov 23, 2020 | 05:10 2 Ps thats priced my local elevator.

Have to take $15 off to get on farm price.

Ok prices but less than you guys i know. Reply With Quote
farmaholic
Nov 23, 2020 | 05:28 3 7.84 AUD farmgate.

7.45 CADish.

I can't get that yet.

Maybe in Alberta or southern Manitoba? Reply With Quote
malleefarmer
Nov 23, 2020 | 05:40 4 Thing that irks me at moment some of the new age marketers telling us australian grain is cheapest in the world that why buyers flocking here.

These are 8 to 9/10 prices and there talking market up.

At times I think these fresh out of business college experts know Jack shitze.

Question them they turn into Caring Understanding Nineties TypeS. Reply With Quote
farmaholic
Nov 23, 2020 | 05:40 5 Mar wheats

KC $5.63
Minni $5.62
Chicago $6.07

What should it be on the Canadian Prairies?
Last edited by farmaholic; Nov 23, 2020 at 05:42.
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malleefarmer
Nov 23, 2020 | 05:41 6
Quote Originally Posted by farmaholic View Post
Mar wheats

KC $5.63
Minni $5.62
Chicago $6.07

What should it be on the Prairies?
You can read the screen shot then?

Ps dont read the wrong tone here, i respect 95% of market commentators especially those with skin in the game, just the latest batch here wet behind the ears.
Last edited by malleefarmer; Nov 23, 2020 at 05:45.
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farmaholic
Nov 23, 2020 | 05:44 7
Quote Originally Posted by malleefarmer View Post
You can read the screen shot then?
Barely.

I could probably get $7.00 for next June July.

I think it should be higher, but when don't I?

But remember, I must be in one of the furthest location distances to port than alot of places in the Prairies.
I don't know what committed(almost proprietory?) 134 car loop track unit trains have done to freight rates.
All I know is I'm hauling further, into a more efficient grain handling system than before the rail and elevator consolidation occurred.
Last edited by farmaholic; Nov 23, 2020 at 05:50.
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malleefarmer
Nov 23, 2020 | 05:49 8
Quote Originally Posted by farmaholic View Post
Barely.

I could probably get $7.00 for next June July.

I think it should be higher, but when don't I?
Whats mood there prices will rise?
Im hoping sideways but so many curve balls innworld at the moment Reply With Quote
farmaholic
Nov 23, 2020 | 05:58 9 I think there's room for prices to rise.

But someone with their finger on the pulse better chime in.

How much of the wheat crop already shipped?

What pace are we at.

World S/U? Whose got what? Are there plenty of exportable stocks, Are importers covered? Until when? How were the crops of grain growing Nations who still need to import? Lots of factors.

Northern hemisphere dryness.

Here's one for you guys, maybe we need to get through the lower prices of grain sales made by GrainCos of grain they never owned. No one ever "likes" that comment probably because they don't want to side or associate with a conspiracy theorist.

More caffeine please, maybe I'll start to make sense.
Last edited by farmaholic; Nov 23, 2020 at 06:14.
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shtferbrains
Nov 23, 2020 | 08:36 10
Quote Originally Posted by malleefarmer View Post
Whats mood there prices will rise?
Im hoping sideways but so many curve balls innworld at the moment
IMHO mood is a good way to describe price direction at this time.
When the buyer expects to pay more tomorrow the price will go up.
China likes to control the mood.
Not sure they are able to at this point.
But I'm sure they plan to. Reply With Quote

  • 1 Like

    • malleefarmer
    		Nov 24, 2020 | 01:34 11 Currency down futures up.

    Cash prices sideways or down.

    Signal of market topping or taking a breather.

    Poke me in eye with a blunt stick $around $300;0n farm for wheat is handy.

    Absolute mountain farking Mount Everest of canola at every b class elevator site.

    Locally onto second bunker never ever happened in history canola half about 2/3 rods done done maybe only half who knows.

    All that is reported weekly is tonnes received no acres harvested.

    Australia bursting at the seams, dare I say it we may encroach on Canadian markets Reply With Quote
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