Wheat

[malleefarmer]

i agree, really dont like seeing posts from users on my block list, hope the site admin can do something to address this.

Amen agriville needs a few tweaks not a revamp.

From what it was when i first graced your presence to what it is now wow.

Butvthe worlds changed so had agriville, its a divide and conquer ruin on somany farming sites nowadays.

Only one i blocked was ozcanada.

Many ofvthe posters who have left over last two years stillkeepin contact via messanger or twitter.

Even sask3 a avid poster onnhere from day one when i joined only basically does his weekly wrap up.

Yeah yeah my ipad is still stuffed

[malleefarmer]

Funny with wheat or bread i should say, precovid bread bad gluten bad carbs in bread bad.....covid hit whats second think after Crack cleaner short in supermarkets bread and or flour.

So its still a staple to most diets

[Oliver88]

China doesn't export wheat much. An average of 6 thousand tonnes for the period 2013-2018.

China imports wheat. More than 1.5 billion worth in 2018 and 2019 combined.
Much of it from Non Belt and Road nations.
In 2018 China imported 85% of its wheat needs from Australia, Canada and the USA.
In 2019 Australia, Canada, France and USA supplied 79% of China's wheat imports.

Please explain why Australia and Canada don't matter. thanks

According to wheat prices today, some of our wheat is required.

How high are we going 101 and Errol?

[malleefarmer]

According to wheat prices today, some of our wheat is required.

How high are we going 101 and Errol?

Still green on electronic trades

[farming101]

I'm sticking with needing to see closes over 5.83 ZWZ
Translation not much higher. Confidence medium.
A very bullish view may include a shot at another 9% Chicago.
I see no reason for MW to match that.

Keep in mind Minneapolis is at a discount to Chicago. Very weak
A stronger CAD will not contribute either.

Will the 41 ships waiting or loading on the west coast support prices? Maybe....
Average time in port as much as a full week longer than last year.
Unloads at the port are way ahead of last year. Looking at Western Canada as a whole grain is moving.
http://quorumcorp.net/Downloads/WeeklyReports/GMPGOCWeek202007.pdf http://quorumcorp.net/Downloads/WeeklyReports/GMPGOCWeek202007.pdf

[beaverdam]

Got an email out of the blue this morning, offering $7.00/bu for #2 HRS, not from a grainco.

Wheat might be the sleeper !

[Guest]

Got an email out of the blue this morning, offering $7.00/bu for #2 HRS, not from a grainco.

Wheat might be the sleeper !

you need wheat , lol?

[malleefarmer]

Had a good savvy marketing friend this wheat tell his plan.

Guessing 6000 acres wheat.

Sold 25% way back when april was it $355 port basis.

Sold 50% of expected production this week on the rally at $323 port basis.

25% swinging in the breeze.

His costs take off $40 for on farm.

Not relevant to you guys really but many aussies sold physical into this weeks rally deliver to elevator at harvest same day as harvested graded gone payment 7 days later.

[farmaholic]

.....will you Aussies quit feeding the market so much.

Alot of grain commodities are favorably priced in Western Canada right now. Waiting for a decent response in the wheat market to price wheat, haven't priced a kernel yet.

[Guest]

.....will you Aussies quit feeding the market so much.

Alot of grain commodities are favorably priced in Western Canada right now. Waiting for a decent response in the wheat market to price wheat, haven't priced a kernel yet.

Us either plus 20% of last years

[malleefarmer]

.....will you Aussies quit feeding the market so much.

Alot of grain commodities are favorably priced in Western Canada right now. Waiting for a decent response in the wheat market to price wheat, haven't priced a kernel yet.

Basis a bit crook?

Around the $293 on farm for standard wheat premiums and discounts apply allknown at time of contracting.

$293 on farm is a decile 8.5 out of 10 so trades higher but not often.

These prices are export based so traders here doing business somewere.

Maybe your guys are asleep at the wheel Or its just blue advantage that could be alot. Depending on destination

[farmaholic]

Basis a bit crook?

Around the $293 on farm for standard wheat premiums and discounts apply allknown at time of contracting.

$293 on farm is a decile 8.5 out of 10 so trades higher but not often.

These prices are export based so traders here doing business somewere.

Maybe your guys are asleep at the wheel Or its just blue advantage that could be alot. Depending on destination

Freight is definitely a mid-point Saskatchewan disadvantage.