Wheat oversold?

[blackpowder]

About the Schulz article. Can't we just realize he was bullshitting us and move on?

Mallee. Ya, I'm worried. They don't call wheat the cockroach of grains for nothing. For years our average price was $5. But for various reasons my costs are sure different. Not sure if I'm in the fear or hope stage. Considering doing a purge of the market "information" / opinion I pay for. Right now in the store and prey mindset. Am I right or wrong??

[hobbyfrmr]

I forgot to note the sarcasm in first response. It is a little tough to move off the subject because the articles are nicely presented, ergo every hard working non farming soul who reads the globe and mail get the impression every farmer just hast to follow this recipe to success. In the meantime, there are several farms of all sizes bleeding cash out of every orifice, simply from the change in commodity prices.
I agree wheat is on a downward trend. Industry is still using terms like "ample", "sufficient" and "burdensome".

[malleefarmer]

Barley price is ugly here as well will post some up to date prices here I know some of you will say there money in storing grain which I agree with at times but currently anyone who has held wheat for last 4 months unsold would be questioning the wisdom at best