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Lets Talk Wheat!

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    Lets Talk Wheat!

    1. How low of yields are happening in Australia?
    2. Is -18 f in Iowa this morning going to hurt winter wheat with no snow.
    3. Did Rain effect the Argentine wheat crop.
    4. How poor of quality does Europe have.
    5. WTF is going on with Canadian wheat grading. FEED FEED FEED. but falling numbers are good and protein is good.
    HM a new game begins in Canada. its called grade factor.
    Wheat near 2-1/2-month high as harsh weather threatens supply.
    The (wheat) market has taken a nervous turn as very cold weather has plunged through the central U.S.,” Tobin Gorey, an analyst at Commonwealth Bank of Australia, said in a note to clients.

    “The cold, reaching through hard and soft winter wheat areas, is creating fears of winterkill given a lack of snow cover.”

    Chicago Board of Trade front-month wheat rose 0.1 percent to $5.43-1/2 a bushel by 0247 GMT, not far from Wednesday’s peak of $5.45-3/4 a bushel, its highest since early September.

    January soybeans gained half a percent to $10.53 a bushel.

    Traders were monitoring escalating tension between Russia and Ukraine, both major grain exporters. Ukraine said it was redeploying troops in the eastern part of the country because of fears that separatists there would launch a new military offensive despite Moscow’s denials it had sent troops to reinforce the pro-Russia rebels.

    Soymeal has driven prices higher in the soybean complex in recent days as heavy export commitments and the slow pace of sales by U.S. farmers left processors scrambling for supplies.

    That has sparked talk of buyers turning overseas at a time when U.S. supplies were expected to dominate the market due to a record harvest.

    Four shipments of Argentine soymeal are headed to the United States, according to a Buenos Aires-based grains industry source who asked not to be named.

    Commodity funds bought a net 11,000 CBOT corn contracts on Wednesday. The funds bought 8,000 contracts in wheat and sold 8,000 in soybeans.

    Delayed soybean planting in Brazil’s main farm state of Mato Grosso will lead to a smaller second crop of corn, local growers association Aprosoja said.

    Ok Charlie or Errol what's your take, Mallee how poor are yields.

    Grade playing is the word of the day in Canada. Lets make up new shit as we go.
    Ah Canada where the lowest price is the law!!!! even without the CWB.

    #2
    The Canadian wheat buyers were spoiled last year with a huge volume of near perfect hrsw they were able to buy for peanuts, although it was slow to get to market. They will fight tooth and nail to keep good hrsw price as low as they can as long as they can this winter .

    Comment


      #3
      Sample #3- Px-13.8%
      Bu weight-62.2 lbs.
      Falling #- 357 sec.
      Vomitoxin- 3.1 ppm

      Sample #4- Px-14.8%
      Bu weight-61.5 lbs.
      Falling #- 365 sec.
      Vomitoxin- 6.3 ppm

      Sample #5- Px-14.9%
      Bu weight-62.0 lbs.
      Falling #- 379 sec.
      Vomitoxin- 4.0 ppm

      Depending which company graded this it is all either CW Feed or Sample, or a combination of the two, on account of fusarium.

      One grading factor can wipe out all the positive characteristics of the grain. A system that focuses on a single "demerit" versus it's multiple "merits", THINK ABOUT IT!!! And then the inCONsistencies of results between the same samples and the different Companies, the "machine measured" specs were the most consistent between them!!!

      I paid for these results through an independent grading service.

      Comment


        #4
        Farmaholic,

        Congratulations. You know what quality of wheat you have on inventory.
        Now you can relay the information to many buyers via fax or email. They will look at the positive and negative attributes and consider where they can make your wheat fit in the market.
        With that type of information, you can offer it out for a price you think it's valued at. There is farmlead, Allan Johnston, and the one in alberta, market master.
        You never know, a buyer might just say "yes"

        Comment


          #5
          And every load will be re-graded upon delivery.

          Canada 40 years ago was a reliable supplier of quality grain and the buyer only had to look at it for 10 seconds in his hands.

          Now a grain buyer has a tool belt that includes a manicure set of tweezers and magnifying glass.

          Crazy. And what's worse they are not paying much for it. Actually the graincos are making more on the grain than we are.

          Comment


            #6
            Depending on grade and yield, farmers could be LOSING money on every bushel. Rest of the chain gets a markup on top of their costs, and it increases every year. Yours bounces around even back to 1974 prices!
            Primary commodity production is for peasants with cast iron stomachs, and a bit insane to keep doing this expecting better results.

            Comment


              #7
              Looking at this chart should give a little fright to KCoT 15WHEAT

              ,a href="http://extension.udel.edu/kentagextension/wp-content/blogs.dir/11/files/blogger/-RTqs_EnrcrQ/T3B0CKEQuVI/AAAAAAAAAK8/M-WShN8RjM8/s1600/Freeze%2Bgraph%2Bwheat.PNG"target=blank>Freeze Injury</a>

              particularly because it didn't have much time for acclimation.

              Comment


                #8
                try again

                <a href="http://extension.udel.edu/kentagextension/wp-content/blogs.dir/11/files/blogger/-RTqs_EnrcrQ/T3B0CKEQuVI/AAAAAAAAAK8/M-WShN8RjM8/s1600/Freeze%2Bgraph%2Bwheat.PNG>Freeze Injury</a>

                Comment


                  #9
                  http://extension.udel.edu/kentagextension/wp-content/blogs.dir/11/files/blogger/-RTqs_EnrcrQ/T3B0CKEQuVI/AAAAAAAAAK8/M-WShN8RjM8/s1600/Freeze%2Bgraph%2Bwheat.PNG

                  can't hot link, looks like you'll have to cut and paste.

                  Comment


                    #10
                    All our samples are back this week paid to have done! I think it's great to know what you have then shop around!
                    I believe getting rid of cwb was good but I'm forced to give all info about my farm why aren't elevators! I'm a private buisiness?

                    Comment


                      #11
                      Fusarium tolerances for CWRS:
                      #1 - .25
                      #2 - .80
                      #3 - 1.50

                      Hardly seems attainable. .25 and .80 represents perfect to me. The world I operate in isn't perfect. Fungicides that only claim "suppression". Herbicides that never claim 100% control. Weather. Rail service.

                      I'm expected to put up with less than ideal conditions and products but am expected to deliver excellence. Hypocracy!!!

                      Comment


                        #12
                        X2, well said! I feel the same on lots if issues.

                        Comment


                          #13
                          Australian wheay surprisingly above expectations in most parts

                          http://www.adelaidenow.com.au/business/south-australia-on-verge-of-huge-75m-tonne-grain-harvest-despite-dry-finish-to-season/story-fni6uma6-1227122156437

                          Comment


                            #14
                            Wow, that's alot of complaining about everything but your own marketing. How did anybody make money on canola for the last 30 years if the evil grain companies and railroads were taking all your profit. And now the last 2 years wht. has been the better money makerand all some people do is complain that they're getting ripped off again. Get off your cwb asses and market your wht. 2014 crop is 85% sold and i'm averaging 7.40/bus. in my pocket. What's wrong with that? Everybody in western canada could have done that and better. Averaged 6.72 for 2013 crop. I guess i stole from the elevators. Not bad price when sk.3 says elevators and RR ripped us off last year. There's still money to be made.

                            Comment


                              #15
                              Stone picker you really did do great last year at 6.70! This year with grades the way they are I couldn't deliver what I would have contracted without huge discounts! 1 to 3 or feed is Different than a 1.
                              On shipping you have no clue on last years shit show contracts done in 2012 fall for fall 2013 delivered in aug this year!
                              You really trust the railways and grain companies after that!
                              They owed me but a contract states you have no chance to recoup!
                              Oh but if you can't deliver they get the money!
                              Again you didn't do that great last year!

                              Comment

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