Sep 20, 2022 | 14:18
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For those of you that watch/trade futures and care to "speculate" where fall ethanol wheat will cash trade.
Basis level listed below has been the same for a month in Ontario @ North Gower...
Their HRW trades at the same level as SWR. Today Viterra's HRW spot price is 80 cents higher than theirs for spot pricing. That should warm hearts of the apples and oranges whacks ...
In spite of the apparent world demand for wheat, nobody much seems to want to take it out the St. Lawrence. Elevators are going to have trouble making room for beans
For those of you that watch/trade futures and care to "speculate" where fall ethanol wheat will cash trade.
Basis level listed below has been the same for a month in Ontario @ North Gower...
Their HRW trades at the same level as SWR. Today Viterra's HRW spot price is 80 cents higher than theirs for spot pricing. That should warm hearts of the apples and oranges whacks ...
I'm considering growing nothing but wheat next year and I'm in an area where we can't grow wheat supposedly. The math just works far better than any of the other options.
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