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Wheat price comparison

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    Wheat price comparison

    I priced 300t or 11,000 bushels of lower grade wheat.

    No minimum protein thought it had to be minimum of 10.5% but no minimum.

    Next grade up has to be min 10.5%

    As each paddock is harvested protien usually known after first 20t

    $10.88 per bushel Australian dollar destined for feed mill.

    If Australia wet harvest comes to fruition protien will we washed out and low.

    Pricing is actually higher than export bread quality wheats just.

    Could be gone by mid next week once they accumulate tonnes.

    Potentially huge rains for oz over next two weeks

    #2
    Locally, red fd wheat $9/bu and white fd wheat $8.50/bu

    Comment


      #3
      Local elevator's prices today:

      #1 HRS wheat 13.0% protein: C$10.05 September

      #1 Durum wheat 12.0% protein: C$10.70 September

      No feed wheat price in their e-mail. SC Sask

      Current exchange rate: C$1.00 = A$1.1178

      Comment


        #4
        We have all the major multi nationals operating as well as a myriad of small buyers plus merchants.

        34 buyers at local elevator thus far registered for 22 harvest.

        I try hard to sell out side centralised system for premiums.

        But out of the it players ADM leaders by far at the moment and Cargill holey hell there behind obviously not in the market just yet $40 behind.

        Probably accumulating in Northern hemisphere at moment

        Comment


          #5
          Big rain coming mostly this Wednesday with follow up a few days later.

          Almost all southern crop regions going to get it.

          Dare I say it baring a frost event Australia’s crop could well be biggest in history

          Comment


            #6
            Read this a while ago.

            #wheat

            Russia has it but the market doesn’t want it
            The EU doesn’t have it but the market wants it
            Ukraine has it but the market cannot get it
            The US stores it but VSR wont release it
            Australia has too much but is too far away
            Argentina grows it but the gov. controls it.

            Not sure where Canada fits in.

            Comment


              #7
              Originally posted by Landdownunder View Post
              Read this a while ago.

              #wheat

              Russia has it but the market doesn’t want it
              The EU doesn’t have it but the market wants it
              Ukraine has it but the market cannot get it
              The US stores it but VSR wont release it
              Australia has too much but is too far away
              Argentina grows it but the gov. controls it.

              Not sure where Canada fits in.
              Canada soon to ban it….

              Comment


                #8
                Originally posted by Herc View Post
                Canada soon to ban it….
                Ideal harvest conditions for wheat here in Alberta… looks pretty nice… most wheat will be harvested by the end of the week! Very early for us! 110% of average… surprised at the yield! The fertility left over from last year kicked in…

                Blessings and Salutations

                Comment


                  #9
                  Originally posted by TOM4CWB View Post
                  Ideal harvest conditions for wheat here in Alberta… looks pretty nice… most wheat will be harvested by the end of the week! Very early for us! 110% of average… surprised at the yield! The fertility left over from last year kicked in…

                  Blessings and Salutations


                  Comment


                    #10
                    Originally posted by TOM4CWB View Post






                    Blessings and Salutations

                    Comment


                      #11
                      Originally posted by TOM4CWB View Post
                      Ideal harvest conditions for wheat here in Alberta… looks pretty nice… most wheat will be harvested by the end of the week! Very early for us! 110% of average… surprised at the yield! The fertility left over from last year kicked in…

                      Blessings and Salutations


                      12% moisture CPS wheat… very nice crop! Amazing how fast it finished!!! If this keeps up there will be high quality “feed wheat” as our wheat harvest looks to finish very early!

                      Cheers

                      Comment


                        #12
                        Originally posted by TOM4CWB View Post


                        12% moisture CPS wheat… very nice crop! Amazing how fast it finished!!! If this keeps up there will be high quality “feed wheat” as our wheat harvest looks to finish very early!

                        Cheers
                        That is 12" seed row spacing 1870JD 3/4" single opener, the one wide space is 18" between seeder passes, about perfect spacing for this years weather. Crop is 30" high. CPS Accelerate seeded May 14, 70lbN NH3 Direct high pressure injection, crystal green p205. 130% of normal... was 40bu/ac canola last year.

                        Safe Harvesting!

                        Comment


                          #13
                          Heading my way.

                          Could be 15 could be 50.

                          MM by the way, we are meant to be bullseye another 4 hours away yet.

                          Click image for larger version

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