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

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      Originally posted by furrowtickler View Post
      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

      Comment


        Originally posted by furrowtickler View Post
        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?

        Comment


          Originally posted by Oliver88 View Post
          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

          Comment


            Originally posted by malleefarmer View Post
            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?

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

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                Originally posted by farmaholic View Post
                [ATTACH]6839[/ATTACH]

                How much of this price "indication" is a fair farmgate price.
                Wow cps is higher than cwrs at Vancouver. It is still 50-75 cents/bus below cwrs at the elevator here. Must not have got the memo.

                Farma where do you get this info??

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                  Originally posted by poorboy View Post
                  Wow cps is higher than cwrs at Vancouver. It is still 50-75 cents/bus below cwrs at the elevator here. Must not have got the memo.

                  Farma where do you get this info??
                  CPSR was worth more than cwrs here for two weeks . Not sure now , have not checked the past few days

                  Comment


                    Originally posted by poorboy View Post
                    Wow cps is higher than cwrs at Vancouver. It is still 50-75 cents/bus below cwrs at the elevator here. Must not have got the memo.

                    Farma where do you get this info??
                    A subscription from a guy who puts a hell of an effort into compiling market data and info.

                    I hope he doesn't mind me taking a snippet of that. I believe it is public information off a Gov website but I will let him package it all up with everything else and deliver it all to me or anyone who wants to subscribe to his service.

                    I post it to spark conversation about local bids versus port "asking" prices. The Gov website disclaimer states its an indication only and prices might be higher or lower.

                    Got to wonder how efficiency gains by elevator and rail consolidation and cheaper unit train freight etc has impacted the difference between port prices and farmgate prices compared to the last days of the monopoly and a more archaic system of handling and moving grain to port.

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                      MW room for more but mind the volatility. Wheat prices are about at the 92nd percentile for Saskatoon area going back to summer 2016.


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                      Comment


                        Read something in the WP.

                        My goodness, when analysts can't even agree on wheat price direction based on technical analysis, what good is technical analysis? Looking "back", over what time frame?

                        Comment


                          Will Argentina allienate their export wheat market by approving Genetically Modified wheat?
                          How many markets will be willing to accept it? Remember Triffid?
                          Is this an opportunity for Canada?

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