Markets- soybeans, canola,corn, wheat

[malleefarmer]

Wheat for me hit $323 on farm.

Basically 7 grades of wheat here diff between number 1 and number 5 currently $10 nobody want protein or we have a serious drought or both.

Barley feed $260 on farm malt about $3 ahead

[VK58]

March Minn wheat closed at $5.37 so add $1.30 basis gives you a price of $6.67 for #1-13.5 wheat.

$7 Targets for #1 13.5 being triggered for Jan delivery in Red River Valley/S.Manitoba

[farmaholic]

$7 Targets for #1 13.5 being triggered for Jan delivery in Red River Valley/S.Manitoba

My $7.00 target must be hanging too high up on the Tree of LIMBO Target Prices, or the buyers are too short to reach it to pick it. I even went out as far as the July contract month so the best market price and my "unrealistic expectation" gap wasn't as wide. Good chance we would have delivered earlier too if it fit into our schedule or conditions allowed it.

YAWN....

[farmaholic]

Is this year's tsunami of cheap feed wheat( maybe with more uses than feeding livestock ) keeping a lid on good milling quality wheat?

[Guest]

My $7.00 target must be hanging too high up on the Tree of LIMBO Target Prices, or the buyers are too short to reach it to pick it. I even went out as far as the July contract month so the best market price and my "unrealistic expectation" gap wasn't as wide. Good chance we would have delivered earlier too if it fit into our schedule or conditions allowed it.

YAWN....

we let go two loads yesterday for $6.25 , #2 , 13.5 px , protein is actually 14.5 so will get another 20 cents for that, hadn't been able to sell any before this
some co's are 2cents a point , some are 6 cents up on protein ?

[bucket]

Is this year's tsunami of cheap feed wheat( maybe with more uses than feeding livestock ) keeping a lid on good milling quality wheat?

If you are P&H and can mill feed wheat into flour....why buy quality wheat?????

Whoever makes Mini Wheat cereal is doing the same thing and adding the icing sugar to hide it....

[Guest]

If you are P&H and can mill feed wheat into flour....why buy quality wheat?????

Whoever makes Mini Wheat cereal is doing the same thing and adding the icing sugar to hide it....

oh , i get it now , thats why they need a falling number on feed wheat, lol !

[Marusko]

and i have 17 protein going the same place because of .04 ss
its a ****ing joke

What does this mean?

[Guest]

What does this mean?

.4 severe sprouts , feed wheat , 17 protein, meant same discounts
if hamloc and i could of blended our wheat (instead of grain co doing it) he wouldn't of lost $1.20 for protein and i wouldn't of lost $1.20 for feed