You heard it first here

[Guest]

Somebody's got to go first. We're already 14 trains behind!

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sure moving good here , contracts are filled , haven't heard anyone complaining
we had 40,000 bu (big amount for us , small farmers) contracted of cereals and it's gone, even taking spot . quite an improvement for around here . grain dryer has been a real plus

[malleefarmer]

Hell yeah australia gets frosts minus 6 a few weeks back caused havoc in nsw, south aust we had a cracker a week ago minus 3 but not me.

tonigght we have 3c so should be ok.

[malleefarmer]

This guys wheat and barley flowering 5 hours of this

[hobbyfrmr]

Don’t worry , someone will blame the Russians for a massive supper big crop to keep the prices low

Agreed.
News headline”’frost decimates (name any wheat producing country here) production. CBOT wheat price drops 50 cents per bushel for 6 months due to “fear” of lower quality wheat on the market.
I am not exactly the pillar of success by any stretch of means, but before I transitioned to organic the best thing I ever did on this farm was stop growing wheat. No matter the business model (chem vs. organic) I refuse to grow wheat.
I have a family to feed.
Errol (?)!described a bullish fibonacci fan technical detail that which I hope comes true.
I recall a 2002 drought where production around “here” was so poor the ranchers were baling canola crops and once settled with SCIC cows got turned out on 640 acres of a top notch farmer’s wheat.
dont recall any kind of wheat price rally in the market, but I had none to sell.

[farmaholic]

60 X 7 = 420

70 X 7 = 490

80 X 6.50 = 520

Money will be made on some farms growing wheat this year...especially in SF3's Garden of Eden. Hell, even in the Slum of the Ghetto wheat will be profitable this year. Maybe not everywhere if yeilds were down or quality gets real bad.

My price expectations may have just been raised!!!

[malleefarmer]

As always with frosts takes a week to assess damage.

Damage always variable.

Markets usually ignore it until harvest late oct/nov/dec in australia.

[farmaholic]

as always with frosts takes a week to assess damage.

Damage always variable.

Markets usually ignore it until harvest late oct/nov/dec in australia.

......i have time!

[jazz]

The ruskies are the crop dumpers, let them fill the market now. The best time to sell is 6 months from now.

There is another buck a bushel in these crops for the patient.

[furrowtickler]

The ruskies are the crop dumpers, let them fill the market now. The best time to sell is 6 months from now.

There is another buck a bushel in these crops for the patient.

That is true . Hopefully there is at least a buck a bushel for the patient.
So far we have 30% or so of the wheat priced . Got $7.11 after trucking and drying on the first 600tn . It graded a 2 . But time will tell what the rest will look like, and quality spreads going forward. Since last week there has been rains every 12 hrs or so .
Have about the same contracted for canola , yields have been between 25 and 60 in the area depending on many factors. We have a good idea on ours but until we get into it your never sure.
Soybeans got nailed , not sure how bad.
Blackbeans off in good shape and priced.
Peas off in excellent shape, ave yields, not priced.
This weather is far more depressing though for those who have nothing contracted at all . Watching the crop lay out there getting wet every 12 hrs , some have frost damage everything from lite to heavy, then the worst part is watching commodities continue to drop day after day while the crop in the field deteriorates in quality. Rain totals not a lot here but west of here it’s 2 to 3 inches or more now in 2 weeks , or snow further west and north . So now , what do you contract ??? And when ? Until this crop gets in the bin grade , quality and even quantity remain as uncertain as the weather. The “what if it does not come off at all” comes into play for many areas now. There are areas that will not get done now that is almost certain. A lot of deals going on now for an extra combine , that will bite into withering profits as well for some.
Fert prices continue to go way up for those who never booked earlier. For those that did pre buy / book those bills need to be paid and the harvest window is closing . Just not a good feeling at all for anyone. The majority of the northern Prairies are going to need a near perfect October to have a chance to get er done . It has happened before but time is ticking with every rain system going through.
And no S/F this is not not normal Sask weather , maybe for your small area but was / is not normal at all for 80% of western Canada at all.
Even guys with driers can’t move now , the crop stays wet continuously with no sun and cool cloudy conditions in between rains .
Forecast does look somewhat better after Monday but will take at least a few days to even start with tough grains and oilseeds. Puts us at Sept 20th or so .
Ahh well , off to watch high school volleyball today. Even at the junior level these girls can play very well now , so it will be entertaining to watch 👍👍.

[Kevinglyfos]

How much durum is grown where it froze