Funny how USDA found the soybean crop larger than expected in Tuesday wasde report. Apparently they found fewer beans per pod than before but somehow each bean weighs MUCH more than normal thus the expected yield increase.
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Realize this is now hindsight but, Minneapolis spring wheat put options have been effective in a marketing plan capturing the summer spring wheat rally . . . .
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Originally posted by errolanderson View PostRealize this is now hindsight but, Minneapolis spring wheat put options have been effective in a marketing plan capturing the summer spring wheat rally . . . .
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I could get $5.25 in my yard for dry 58 pound feed wheat. It goes to chilliwack for buzzards or magpie cow munchies. Although I just bought some spring thrashed wheat for $1.00....... The cows will enjoy it in January though. Nobody tell them I sold the "pretty stuff" or else I may have a revolt. 😉
We only grow feed wheat since I'm not sure it's worth the hassle to get the premium most years. You guys have more patience than I.
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Maybe the grain companies are taking a page from the Ag Data companies that keep getting sold for millions and billions. Farmers are dumb enough to give/pay to give data away, maybe they will give the grain away too.
Oh right, you also get to pay for a BS prescription map based on US greenhouse research from the 40's. Ya that's value.
Worth a try.
Heck, some even might pay the trucking.
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Todays deal!!!! Quick before its all filled up!!!
Have 1cwrs Low PX Wheat ? Oct del $4.70 Dec $4.88 May $5.46 Jun $5.50 July $5.57 or try TPA's Compliments Viterra
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