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MMM first wheat sale of the year

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    MMM first wheat sale of the year

    Decile 8.5 price over last 10 years.
    Took some risk off the table.

    Next leg up is $300/305 but will go with a company with better spreads for h1 and h2 or less discounts for asw lower protien hedge my bets a bit

    Click image for larger version

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    #2
    ps all companies pulled there bids late afternoon back to $285 top others down from $288 back to $283 etc etc
    joys of marketing in oz.

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      #3
      I think I remember you saying it's about $30 to get it to port. So you are looking at $260 farmgate?

      Also, I'm guessing your APW1 would be similar to our top quality winter wheat. Offers right now for Nov/Dec here are around $210 CAD. You're likely ahead of us by a few bucks when you consider our addition cost to port.

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        #4
        H! and H2 top grade high protien apw is our standard wheat and things are graded above and below that wheat.

        See wheat kicked along last night

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