Wheat

[Rareearth]

On the same topic, sort of.

This past spring a person could buy diesel about .50 cents per litre, today .90 ish.

Hind sight, Cash, tank infrastructure etc that would have been a good buy / investment etc

Sometimes the best returns are on the expense side of the business not on the commodity sale

[errolanderson]

On the same topic, sort of.

This past spring a person could buy diesel about .50 cents per litre, today .90 ish.

Hind sight, Cash, tank infrastructure etc that would have been a good buy / investment etc

Sometimes the best returns are on the expense side of the business not on the commodity sale

'Defense wins championships' and business no different . . . cut costs, reduce debt load, price risk management.

[Oliver88]

Personally, still believe Minneapolis may be the sleeper as it has been heavily discounted to Chicago. If drought conditions persist in Black Sea and Texas, there will be a focus to increase spring wheat acres. One strategy is sell your cash CWRS and replace with MWE calls to re-open your price ceiling. This strategy limits your risk exposure to the cost of the call option, plus generates cashflow. But if MWE blows higher, you are on-board.

Grains are the hottest sector in the commodity world right now . . . .

Interesting idea.

[furrowtickler]

Personally, still believe Minneapolis may be the sleeper as it has been heavily discounted to Chicago. If drought conditions persist in Black Sea and Texas, there will be a focus to increase spring wheat acres. One strategy is sell your cash CWRS and replace with MWE calls to re-open your price ceiling. This strategy limits your risk exposure to the cost of the call option, plus generates cashflow. But if MWE blows higher, you are on-board.

Grains are the hottest sector in the commodity world right now . . . .

I just hope the grains bonanza relates to increased farm gates , even if just for a bit

[furrowtickler]

On wheat marketing , had a friend who sold 2000 tn CPSR to G3 for $7 , local bids for #1 HRSW still below $7 .

[Guest]

On wheat marketing , had a friend who sold 2000 tn CPSR to G3 for $7 , local bids for #1 HRSW still below $7 .

I sold one load of shitty #2 , 285 fn from last year for $6.75 yesterday , 14.5 px tho
Think its heading up

[Oliver88]

On wheat marketing , had a friend who sold 2000 tn CPSR to G3 for $7 , local bids for #1 HRSW still below $7 .

Wheat up again.
Wheat below $7 now appears to be happy hour pricing.

When will this bull market end?

[malleefarmer]

Wheat up again.
Wheat below $7 now appears to be happy hour pricing.

When will this bull market end?

Rain in crucial areas will end bull run perhaps?

Market talk is Russian decisions imminent about export quotas or cuts to protect domestic reserves.
Knowing Russia probably worse than is being let on

[Oliver88]

Rain in crucial areas will end bull run perhaps?

Market talk is Russian decisions imminent about export quotas or cuts to protect domestic reserves.
Knowing Russia probably worse than is being let on

Rain in Russia, Ukraine or Western Australia will kill the bulls?

[farmaholic]

How much of this price "indication" is a fair farmgate price.