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wheat price weakness

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    #1

    wheat price weakness

    Nice to see the wheat price hang in there the last little while, but the latest weakness is saying no runup just yet.
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    #2
    Interesting.

    CDN dollar also seems to be creeping up. 75-77 so that had a 15 cents approximately hit to our Fx basis.

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      #3
      I see on farmlead bids of 5.75 for general purpose for feed and terragrain ethanol is at 5.20. Anyone selling into states after the trucking fiasco is it worth it?

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        #4
        We just sold tough 3red for delivery in Oct at $6.25! Not bad at all!!! What a blessing!

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          #5
          Dollar weakness has helped a lot. Good on you Tom!

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            #6
            That's what I don't get about #1 15 pro hrsw - it should be above $7 easily when garbage wheat are around $6 . Someone in the system is screwing somebody

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              #7
              Tommy boy, be thankful for your proximity to west coast ports. We are east of mid point Sask. Imagine the dfference in freight.

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                #8
                #3 at Richardson's today was $5.25..

                They are @ 45cent discount from #1 to a#3.
                Viterra is at a 60 cent discount..

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                  #9
                  Feed wheat 5.30 to 5.80 depending on the barn.

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