Wheat

[farmaholic]

This thread along with prices could sure use a bump up.

[malleefarmer]

This thread along with prices could sure use a bump up.

$260 on farm here dismal after recent highs

Gotta go to work cheers

[malleefarmer]

See Canada won wheat tender.

[wmoebis]

See Canada won wheat tender.

The Canada soft milling wheat tender for Egypt? I wonder what Canadian company and class/grade of wheat

[farming101]

First opportunity to short Kansas in months popped up so shorted one March on paper.
Got stopped out with 368.75 US less fees.

This morning Kansas has gapped up.
Positioning for USDA report?

[errolanderson]

According to SovEcon, Chicago wheat is up 4% in two days after rumors from Russia about potential grain market regulation.

[beaverdam]

commentary,

https://www.barchart.com/story/futures/quotes/MWH21/overview/780584/wheat-posting-double-digit-gains-ahead-of-wasde-report https://www.barchart.com/story/futures/quotes/MWH21/overview/780584/wheat-posting-double-digit-gains-ahead-of-wasde-report

[malleefarmer]

The Canada soft milling wheat tender for Egypt? I wonder what Canadian company and class/grade of wheat

Japan

[errolanderson]

According to SovEcon, Chicago wheat is up 4% in two days after rumors from Russia about potential grain market regulation.

Chicago wheat is back above $6 on Russian tax talks. A ballpark estimate: the tax could lead to smaller exports in 20/21 by a few million tons. SovEcon most recent export forecast is 40.8 MMT. Putin attempting to cool domestic food inflation . . . .

[beaverdam]

Nice moves in wheat so far today, lets hope for a strong close.

CBoT up 20-22 cents USD
KCBT up 22-23 cents USD
MGE up 10 cents USD

[farmaholic]

Right or wrong I went from zero to 100% sold on Friday for June delivery.

[beaverdam]

Right or wrong I went from zero to 100% sold on Friday for June delivery.

You look like a guru today !

or should I say, your decision, makes you like a guru.

Did you buy a position back on paper, incase wheats worth $3.00/bus more in June?

you know I'm hoping it is !

[farmaholic]

You look like a guru today !

or should I say, your decision, makes you like a guru.

Did you buy a position back on paper, incase wheats worth $3.00/bus more in June?

you know I'm hoping it is !

I'm schtoopit and do schtoopiter things.

No paper whaet to replace it.

The real anal-ysts need to chime in.

I just don't "think" and "feel" the wheat market has any legs under it.

Notice I never said "know".

[farming101]

Supposedly we are to sell in the top third of prices for the marketing period, so good going!
As of last Friday you are in the 94th percentile!

the chart below plots daily price offerings since August 6, 2020 from lowest to highest

https://www.pdqinfo.ca/ https://www.pdqinfo.ca/

[AlbertaFarmer5]

Thanks for thhe chart farming101. I'll bookmark that.
The cynic might point out that this marketing year is only 1/3 through. The 94th percentile today could still end up in the bottom third.
Sorry to rain on Farmaholic's parade.