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Min Spring Wheat 10$!

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    Min Spring Wheat 10$!

    I see $9.94 Min Spring Wheat!

    Back to pre-pandemic energy consumption with only 30% of the planes in the air… with a double oil price…

    Canola up over $940/t

    Restrictions on planting Canola by chemical residue for next year…

    Shortage of pulse seed

    Shortage of fertilizer?

    Cheers! Not a time for faint hearts!!!

    #2
    This is something definitely none of us seen in our lifetimes.
    Good for those with crop
    A nightmare scenario for those that did not
    For those in between its some very tough decisions on where to allocate resources for what inputs to secure .

    Risk next year will be astronomical

    Comment


      #3
      Originally posted by furrowtickler View Post
      This is something definitely none of us seen in our lifetimes.
      Good for those with crop
      A nightmare scenario for those that did not
      For those in between its some very tough decisions on where to allocate resources for what inputs to secure .

      Risk next year will be astronomical
      Add in no moisture in the ground and never any rain. All we can hope for now is snow and snow is helpful but is not rain.

      Comment


        #4
        All the big experts will have their heads exploding when it races up to $18

        Comment


          #5
          With N at a dollar a pound and other costs what will be enough?

          Comment


            #6
            $8 oats Jan Viterra beats all the crops...inputs cheap IF IF there is a crop.

            Comment


              #7
              10.02 December

              Comment


                #8
                Hang on to your hats, next level of resistance is 18.00

                Comment


                  #9
                  CBOT Wheat taking another crack at breaking the measured move price target.



                  Click image for larger version

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                  Comment


                    #10
                    Originally posted by farming101 View Post
                    10.02 December
                    Mini Dec21 made it to $10.13!

                    Break out…? Russia raised the export tax again…

                    Cheers

                    Comment


                      #11
                      Originally posted by TOM4CWB View Post
                      Mini Dec21 made it to $10.13!

                      Break out…? Russia raised the export tax again…

                      Cheers
                      By my reckoning December broke out Oct 6. Watching for 10.80

                      Comment


                        #12
                        Got some nice last year's wheat that's going to go this year.

                        Told by one company to put in a target I said a target is the grain company shooting fish in a barrel you know how low the guys are willing to go.


                        $12 was almost out there today and with the break maybe the quality will pay they are still ****ing guys on protein as they need our shit to blend with poor wheat to give a nice loaf of bread.

                        Comment


                          #13
                          Lock the bins up and let them bid up wheat and canola.
                          Last edited by Sodbuster; Oct 22, 2021, 13:10.

                          Comment


                            #14
                            Originally posted by SASKFARMER View Post
                            Got some nice last year's wheat that's going to go this year.

                            Told by one company to put in a target I said a target is the grain company shooting fish in a barrel you know how low the guys are willing to go.


                            $12 was almost out there today and with the break maybe the quality will pay they are still ****ing guys on protein as they need our shit to blend with poor wheat to give a nice loaf of bread.
                            Amazing to see $12 in October. Normally the high price is late May - early July.

                            Comment


                              #15
                              Maybe time for our 2018 wheat to go?

                              Comment

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