Market is yelling at you, DON'T PLANT WHEAT !

[danny W1M]

Despite problems in wheat growing areas, the market is screaming this morning,

DON'T PLANT ANY EIFFING WHEAT !!!

[errolanderson]

What it is screaming is; the U.S. no longer dictates global wheat prices.

Black Sea wheat exports now dwarf that of the U.S.

[farmaholic]

What it is screaming is; the U.S. no longer dictates global wheat prices.

Black Sea wheat exports now dwarf that of the U.S.

If that truly is the case, I thought this day would come. Maybe it's time the family moves back to where we came from, the area north of the Black Sea. More stable here though probably both politically and economically.

I know, let's sell them some more technology they can use to compete with us and beat us at our own game!

[Braveheart]

I don't know where to move back to. The side of the family that hunted bison, or the side that hunted Englishmen. Apparently both used primitive tools and painted their faces.

[Braveheart]

There's still a demand for quality hrs. Black Sea or not.

[farming101]

Yes the world and Canada for that matter needs and wants Canadian wheat. The problem is they only want some of it.

[farmaholic]

I'm waiting for the day CWRS is priced #2 or better like peas.

I'll never forget the GrainCo producer meeting where we were told grade didn't matter...price did, and ultimately it does but. .... Well. ....ya---no! I think they should tell that the customers they sell our wheat to. See what happens. I hate being treated like the fool I am.

[Kinger]

revenue/ac is what everyone should be concerned about. Find what gives you the best return and seed accordingly.

$7 50bu red spring looks great till you realize you only need to grow 58.3bu feed at $6 to get the same revenue.

[malleefarmer]

Agree errol and danny.
I hhonestly thought it would have held onto gains for maybe 10 to 12 days days and trade in that higher range before falling back to previous level hmmm didn't take long

[Braveheart]

Same old story. It's so predictable it's almost laughable. Farmer looks at crop says stems are kinked and crop is done. Kansas wheat tour comes by, looks at crop and says little to no damage.

[ColevilleH2S]

...$7 50bu red spring looks great till you realize you only need to grow 58.3bu feed at $6 to get the same revenue.

Where the heck does a guy find a $7.50 bid?
A number 1, 13.5px CWRS tops out at $6.58 around here.

[Braveheart]

I was wondering that too Kinger. I'm thinking maybe Cargill?

[westernvicki]

Welcome to the new reality: increased production and competition.

A few years back I encouraged the value round tables via Pulse Industry Round Table to invest in a comprehensive study the bench mark the competitiveness of Canadian production and logistics chain versus those of emerging producers in the Baltic, sadly to say the timing was not right. The timing of the idea was not right, obviously, but pertinent it is. However understanding our competitors is an important tool in agricultural policy.

The carbon tax is dangerous, unless farmers are rewarded for carbon sequestration and historic cumulations are valued.

The Russians are coming, and not just the Russians unfortunately. As for Russia, well
Putin is a leader who personally has witnessed hunger in his country, as a driver of innovation I doubt much else compares.

[walterm]

Welcome to the new reality: increased production and competition.

A few years back I encouraged the value round tables via Pulse Industry Round Table to invest in a comprehensive study the bench mark the competitiveness of Canadian production and logistics chain versus those of emerging producers in the Baltic, sadly to say the timing was not right. The timing of the idea was not right, obviously, but pertinent it is. However understanding our competitors is an important tool in agricultural policy.

The carbon tax is dangerous, unless farmers are rewarded for carbon sequestration and historic cumulations are valued.

The Russians are coming, and not just the Russians unfortunately. As for Russia, well
Putin is a leader who personally has witnessed hunger in his country, as a driver of innovation I doubt much else compares.

Wonder where CPC is? They could be screamiing for sequestration payments for farmers. But we now see that like the Modernization of Grain Act was all about making CGC money at farmers expence so any help may not be in our favor.

[Hamloc]

Simple question, yes getting payed for carbon sequestration sounds great but what happens in the wet years like now when some tillage is required, do you have to pay it back? My experience is when you hop into bed with the government you will eventually get screwed!