Wheat

[farming101]

No guaranteed premium/discount schedule? Not really a contract then. Toilet paper

[biglentil]

Got a GrainCo text today with spot wheat priced higher than durum. Also fairly decent Nov delivered price...if I knew I would harvest #1-13.5 Px CWRS....I might sign. But then there's the magic "Premium and Discount Schedule" that gets adjusted to suit one side.... a schedule that you can't lock in at the time of early signing....nothing like downloading all the risk.

Makes a guy wonder why we take the fusarium risk of growing durum. Especially those crazies North of the valley.

[bucket]

Better question is why spend money on durum when they only pay for a 3CWAD or less.

The spread between a 5CWAD and 1CWAD the other day was only 40 cents....easy to grow a 5cwad/feed.

[helmsdale]

Nearly $1.00/bu difference between cwad, and cwrs off the combine around here.

[farming101]

MWZ - the hammer has fallen. Will need closes above 625.5 tomorrow and Monday to cancel.
Otherwise look for a retracement

[farmaholic]

MWZ - the hammer has fallen. Will need closes above 625.5 tomorrow and Monday to cancel.
Otherwise look for a retracement

Ok 101...for the "fundamentally" "technically" challenged(speaking of myself of course...what chart indicator...keeps closing in the lower end of trading ranges? What else?

It drives me nuts that technical trading lowers the market...but I don't mind a bit if it pushes the market higher.....I'm a hypocrite.

[macdon02]

We got until the 13th in the cycle, timing wise. I expect today will be the intraday high and next week highest close. A split. Somewhere between today's high and the close is the bracket. Missed my sell by 4.5 cents. Thought we'd get closer to 603 chi. Regardless I'm selling the works come the 13th

[farming101]

Ok 101...for the "fundamentally" "technically" challenged(speaking of myself of course...what chart indicator...keeps closing in the lower end of trading ranges? What else?

It drives me nuts that technical trading lowers the market...but I don't mind a bit if it pushes the market higher.....I'm a hypocrite.

The upside down hammer seen in the candlestick charts today is a 50/50 indicator of the beginning of a retracement. Search Bearish Shooting Star

Realizing that large players watch technical indicators is the only leg up a guy has some times

[furrowtickler]

Cargill .25 cents any month almost 7 April.

Oh how they dangle ahead of the fact the crop is small and the world wheat crop is smaller.

I will agree with that 100% , by far the worst out there for baiting guys ... constantly.
They had a 1 day offer two days ago for $6.35 yellow peas ..... book by end of the day !!!!!!! Lol lol

[macdon02]

Hrw weed whole farm average at 119.33 high of 146, low of 82. Washington state. NE ND barley mid 90s