Originally posted by helmach
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All in perspective many places in Europe grow 150 bus wheat .
I have learned to accept what we get .
It can be and is vastly different here as well .
Soil type and rain patterns alone can make yields vary here by double within 10-20 miles on any given year .
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Nice move up.
Reading comments this morning here many bullish others suggesting oversold territory take your pick.
Chart guys has resistAcne on upside broken?
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30 to 40 is all we get around here with solenetzic land and 2 feet of rain. Decent crop on the high ground and flooded out in low areas is the norm here. Variable rate fertilizing is the norm as you need to get most of the fertilizer on those higher areas. Combining my better field of wheat this aft and hopefully get 40 on it. As stats can is finding out these days, 70 bu farm wide average on HRS is either a fluke or BS, not something that happens on a long term basis.
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Originally posted by Oliver88 View PostAnother $14 billion in MFP payments going to US farmers. All classes of wheat and barley to be included.
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Problem is competitiveness of US wht in global mkts.
Prices easing after recent gains driven by importer demand & rising Russian prices. Forecasts for rain in dry parts of EU, Ukraine & Argentina.
My argument is should USA be the big kahuna in the wheat market in 2020 and onward corn beans for sure but wheat not sure
SA seems to move markets more along with black sea countries
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Originally posted by malleefarmer View PostProblem is competitiveness of US wht in global mkts.
Prices easing after recent gains driven by importer demand & rising Russian prices. Forecasts for rain in dry parts of EU, Ukraine & Argentina.
My argument is should USA be the big kahuna in the wheat market in 2020 and onward corn beans for sure but wheat not sure
SA seems to move markets more along with black sea countriesLast edited by errolanderson; Sep 27, 2020, 17:22.
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