Originally posted by caseih
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Kansas "winter" wheat.
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I kid you not and saw payment slip with my own eyes.
Near neighbor got $424 per tonne for wheat on farm this week.
wowza
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Originally posted by farmaholic View PostDomestic use?
Didn't you say prices were slipping or slid?
But he didnt actually know of destination my guess it may be getting shipped around to east coast and used domestically as you suggest.
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Leary Weber's newsletter stated "funds" are still selling.....so down we go? More spookulation driving the market than ****damentals?
I think the wheat highs were in for 18/19....bring greedy and stubborn marketing grain doesn't make for a successful marketing year this year.
Don't get hypnotized by it all.
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Time will tell how tough that wheat is ...
It’s early yet for sure but there will be some winter kill in a few spots .
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helmsdale thanks for posting those maps, but I think it's at least 4-6 weeks early. Over the last 20 years I've watched closely the spring temp maps and I think there was only 1 year where there was a huge significant market response to spring frost. Just 2 or 3 years ago I stayed up half the night watching live temps drop and drop. The crop had to be a week on either side of flowering, and the next day, nothing more than a yawn from the market. Either these newer varieties tolerate more spring frost, or they are more capable of regrowing from frost damage.
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Glad I haven’t cleaned any grain yet, was planning on putting in quite a bit of wheat. How fast the markets can change! They may change back to more positive levels, but seems the world is full of wheat. Looks like I might be putting in a bit more durum than first planned.
I don’t believe nothing the reports you hear on crop ratings. It’s usually a lie to what’s happening. I’ve been around long enough to see ratings drop to lowest ever, then they still pull off a record crop.
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