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Kansas Wheat

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    #16
    There will be fireworks in the markets on Monday, huge short positions in wheat that will have to be dealt with. The wheat crop is heading and it had 2 ft of snow on it in parts of Kansas Oklahoma and Texas as well had freezing temps. Other areas have had up to 12 inches of rain and still coming down. This will be beyond interesting. I would not want to be in a short position.

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      #17
      also the crop is a week to ten days ahead of normal

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        #18
        Seasonal chart
        Click image for larger version

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          #19
          Watch markets this week....

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            #20
            Here's just a little more fuel outta S.A. to add to the explosion on Monday.

            [URL="http://www.soybeansandcorn.com/news/Apr28_17-Polar-Air-and-Freezing-Temperatures-Sweep-Across-Southern-Brazil"]http://www.soybeansandcorn.com/news/Apr28_17-Polar-Air-and-Freezing-Temperatures-Sweep-Across-Southern-Brazil[/URL]

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              #21
              it's global warming , lol

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                #22
                Originally posted by BreadWinner View Post
                There will be fireworks in the markets on Monday, huge short positions in wheat that will have to be dealt with. The wheat crop is heading and it had 2 ft of snow on it in parts of Kansas Oklahoma and Texas as well had freezing temps. Other areas have had up to 12 inches of rain and still coming down. This will be beyond interesting. I would not want to be in a short position.
                good for the lying pricks

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                  #23
                  betcha not a lot happens maybe up 8 to 10 before settling back down by weeks end

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                    #24
                    MGEX wheat is up in overnight trading. Like mallee said, let's see how far it can rally and if it can hold it's gains and for how long.

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                      #25
                      Originally posted by farmaholic View Post
                      MGEX wheat is up in overnight trading. Like mallee said, let's see how far it can rally and if it can hold it's gains and for how long.
                      Vomi levels in your durum are dropping fast. All the sudden its safe again. Special one day pricing alerts coming soon.
                      Last edited by biglentil; May 1, 2017, 06:33.

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                        #26
                        Originally posted by biglentil View Post
                        Vomi levels in your durum are dropping fast. All the sudden its safe again. Special one day pricing alerts coming soon.

                        ....that's enough sarcasm for one day biglentil! Oddly enough I had a dream, or should I say a nightmare, about marketing durum last night. Let's just say it didn't matter that I woke up and realized it was all a dream...not like I was disappointed because nothing in the "dream" was different than the "twisted unrealistic reality" I'm dealing with while conscious!

                        Happy seeding for those who are.... and work safe!

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                          #27
                          Thanks for the uplifting thoughts biglentil. But I think there'll be another round of stealing before specials get special in the durum markets.

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                            #28
                            Sell the rumour?
                            It is all but assured that this snow/rain did a number on the winter wheat crop which was already the second smallest acreage on record. Good to remember where this is starting from as far as price goes in the winter wheat market. The sub basement for the July contract. MW will benefit without a doubt but it is not the main attraction

                            Basis deteriorated this morning in some areas. Can't let prices get too high you know

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                              #29
                              Originally posted by malleefarmer View Post
                              betcha not a lot happens maybe up 8 to 10 before settling back down by weeks end
                              Traders ALWAYS take profits... they make money, both ways...

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                                #30
                                Phone is alive this morning from all kinds of wheat "specials" from traders with pants around ankles .what a f&$king joke this market is ? Where are the burdensome wheat supplies ??

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