Wheat Rally

[bucket]

Now you can work on getting $12.50 for your canola.

Yup sure but North Dakota farmers have been getting that for quite a while now....

[beaverdam]

Need MGE July wheat to close over 642.50 to show momentum. Getting close.

Finally some concern about late planting. Maybe the trade finally looked at the satellite pics showing the whole spring wheat crop area still white with snow at mid April.

Has anyone seen stats showing a greater or lesser chance of spring frost on crops when there is a late, cooler arrival of spring? Is spring frost only related to dryness and or heavy trash?

[farmaholic]

I don't know how much frost it would take to kill a one leaf wheat seedling. Is the "growing point(crown") even developed below the soil surface at the one leaf stage? We've had more advanced wheat take a hit of frost, turned it orange, but it recovers.

Anyone?

[GDR]

I don't know how much frost it would take to kill a one leaf wheat seedling. Is the "growing point(crown") even developed below the soil surface at the one leaf stage? We've had more advanced wheat take a hit of frost, turned it orange, but it recovers.

Anyone?

Not sure on winter wheat, it must be pretty tough. Spring wheat at one or 2 leaves is still growing beneath the surface so takes a lot of weather to kill it, sets it back though. Even see volunteer wheat that grows 1 or 2 leaves in the fall green up in the spring here sometimes, never seems to be a problem though, must not have enough vigour left and spring field and seeding work finishes it off.

[burnt]

Good run up but struggling to hold gains -

[farmaholic]

Seems Minni has paused waiting for directions.

[beaverdam]

I think it might be, that the trade is waiting to see if this MAJOR SNOW STORM hits the northern plains or not. Gawd it better stay south of the U.S. border. Most of SD to get 12-24 inches.
There's a chart, if you scroll a little at this link. If that storm takes a path any further north, it would be disaster for spring seeded crops in USA.

https://www.accuweather.com/en/weather-news/major-late-season-snowstorm-blizzard-to-hammer-travel-in-north-central-us/70004659 https://www.accuweather.com/en/weather-news/major-late-season-snowstorm-blizzard-to-hammer-travel-in-north-central-us/70004659

[biglentil]

Comon u bugger break out, daddy needs a new pair of shoes.

[Hopalong]

Holding some low protein, low fusarium 1cw wheat over until new crop year.
Futures predict 5% price increase plus or minus protein price spread.
Anyone care to predict how much we will make or lose per bushel?

[farmaholic]

Holding some low protein, low fusarium 1cw wheat over until new crop year.
Futures predict 5% price increase plus or minus protein price spread.
Anyone care to predict how much we will make or lose per bushel?

Pro: low fuzz and #1
Con: low Px

Depending on the quality of next year's crop will likely determine your carry over's value more than it's own specs.

We did well carrying 2016 durum into 2017.

If only we knew, good luck.