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Wheat exports and prices

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    Wheat exports and prices

    Canada has exported 784,900 tonnes of wheat and durum in the last two weeks reported.
    This doesn't include unlicensed exports to the US.

    The US has exported 631,099 in the last two reporting weeks.

    No wonder the wheat futures are going no where. Wheat is piling up in the States.

    #2
    All markets down hard today especially canola. Any thoughts on what prices to target?

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      #3
      Mt Everest of wheat at moment.

      Freeze march april might provide a price spike maybe only one for year.

      Comment


        #4
        Wheat may never catch an updraft but a dry spring could hopefully provide a gust for canola...

        But what do I know

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          #5
          There is still bags and piles in central AB so wheat is not going to be in short supply any time soon. Spring dryness could help. Worthless $Cdn allow canadians to undercut US prices.

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            #6
            Some expert report a HUGE canola guess? Nothing in the wind in the morning? Scare the sellers, could be a reason, see if basis narrows now, IF we collectively do not scare.

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              #7
              Lock the bins and wait it out!!!

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                #8
                Lots of guys don't need to lock their bins, they are already empty. Crushers and elevators will have to ante up this summer for canola and wheat if they want it

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