I'm done with wheat and what you're saying here confirms its not worth the hassle.
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Do you "have to grow wheat"?
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Sadly I have to grow wheat. Right or wrong we have to be better at finding a home be it storage or basis or whatever. At least we now get clear signals from market so the growers with alternate crop options grow them.
Last year paid no more than $14/t basis. This year thinking it should fall to $40 from its current $70. Hoping for average crop and that I can hold my breath long enough to move it without getting ****d.
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they were paying £200 when normal wheat was £170, so £30 premium, not a £200 premium.
my yield was low but ok the first year, but a disaster yr 2,at half a ton /acre. although it was organic and made £350/ ton so not all bad.
its about 0.75t /acre lower than other spring varieties.
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