Quite a run up on wheat this week.
My crops are well behind...still hoping for a late rain.
Old crop for guys with it...what are your strategies. ?
New crop strategies?
I am also wondering if taking something out on the 2018 crop would be wise now as well? Would be nice to have a 8 buck contract for September 18 going into seeding next year.
My thinking is that anything over 7.75 gets a lot of wheat acres bought for 2018.
As a side note ....at the current durum price and grading ...those acres are getting shitcanned for next year I am hearing from guys...
Thoughts?
My crops are well behind...still hoping for a late rain.
Old crop for guys with it...what are your strategies. ?
New crop strategies?
I am also wondering if taking something out on the 2018 crop would be wise now as well? Would be nice to have a 8 buck contract for September 18 going into seeding next year.
My thinking is that anything over 7.75 gets a lot of wheat acres bought for 2018.
As a side note ....at the current durum price and grading ...those acres are getting shitcanned for next year I am hearing from guys...
Thoughts?
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