Wheat supplies are burdensom because they had another bumper crop penciled in. 1/2 of the wheat in kansas got taken out of production over night. Alberta and Sask wont produce much with a late wet spring. Hardly any winter wheat seeded on the praries. Most seeding wont start till mid may and guys stop seeding wheat by the 25th. Some land wont even get seeded.
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Just think if that happened here in early July. They were dry before this so here I know second growth would start growing from the base of the plant and that flattened out stuff would start rotting and be full of disease.
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Originally posted by seldomseen View PostJust think if that happened here in early July. They were dry before this so here I know second growth would start growing from the base of the plant and that flattened out stuff would start rotting and be full of disease.
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Most farms are money pits of various depths.... or kinda like blackholes for money. The Bermuda triangle for cash.
The old story of the donkey that fell in the well....
A farmer's donkey fell into an open well and it was decided they couldn't get it out so they decided to just bury him in the well. With each shovelful of dirt the donkey just shook it off and stepped on it and it slowly got to the top and just stepped out....
the farm is the well, money is the dirt, I don't know if there is enough cash to save the farmer's "ass".
I guess it depends what we do the the boom cash...just throw it down the well?
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Originally posted by biglentil View PostVomi levels in your durum are dropping fast. All the sudden its safe again. Special one day pricing alerts coming soon.
Unfortunately for us I don't think this event hit any key durum growing areas...did it? Northern tier State's durum crops probably aren't susceptible yet unless they got way too much rain on the crop. Desert durum states...where are they and what stage is the crop.
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Excellent article, posted by Kansas State U., found on another site, regarding the past weekend winter storm. Precipitation and Temperature maps along with synopsis.
here's the link, [URL="https://webapp.agron.ksu.edu/agr_social/m_eu_article.throck?article_id=1357"]https://webapp.agron.ksu.edu/agr_social/m_eu_article.throck?article_id=1357[/URL]
Remember that dark blue would extent back west into the Colorado plains, and south through the Oklahoma pan handle and into northern Texas.
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Price action seems to be indicating a wait and see attitude regarding the weekend weather event and the extent of damage. May not be going much higher for a bit but likely won't see it go lower either.
Staying above 4.61N for the week will be positive
One thing is this hit a lot of irrigated wheat. if it does partially recover disease is going to be huge
Next resistance 4.80NLast edited by farming101; May 2, 2017, 08:35.
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