$ 8.00 wheat

[bucket]

sprayer and tractor and air drill and combines. All so close to the million-dollar club each. We still get paid in 1928 prices. Wheat would be 27 with inflation factored in. Bread would be up, what .50 cents a loaf.

Its a joke. the whole of ag.

Maybe you should cash in your Agri-invest.. ...

Bibeau is disappointed there is 2.5 billion sitting in those accounts.

..what Bibeau doesn't realize is 2.5 billion won't pay the fuel bills for western Canadian farmers spring seeding efforts....

[foragefarmer]

Bucket that may be true that 2.5 billion could be used for fuel this spring seeding, but I 'll bet there will still be 2.5 billion sitting in Aginvest on July 1/2021.

Farmers have to draw it out every year before the Governments "Might "think there's a problem with Western Canadian Ag.

[crusher]

I've already received a bid of $8 for May/21. G3

[Herc]

I've already received a bid of $8 for May/21. G3

Thats a really good price considering the $7 bids here. I’ll bite. Whats the story with that price?

[crusher]

#2. 13.5 protein

[beaverdam]

Thats a really good price considering the $7 bids here. I’ll bite. Whats the story with that price?

That's a good question Herc.

I'm not doubting you on the $8.00/bus crusher , but I'm thinking your wheat might be meeting some specific parameters???

That or G3 knows something about future wheat prices, that all the rest of us are still in the dark about,,, which is possibility not unreasonable.

Wheat going to western Europe?

okay, I see your reply above. Very low parameters, considering the volume of high quality wheat around this year.
Is it for a particular variety?

[bucket]

That's a good question Herc.

I'm not doubting you on the $8.00/bus crusher , but I'm thinking your wheat might be meeting some specific parameters???

That or G3 knows something about future wheat prices, that all the rest of us are still in the dark about,,, which is possibility not unreasonable.

Wheat going to western Europe?

okay, I see your reply above. Very low parameters, considering the volume of high quality wheat around this year.
Is it for a particular variety?

The saudis might not be able to get wheat from their current suppliers and maybe they, like me, are hoping Freeland and gang are gone soon...therefore G3 may be working to guarantee supplies??????

[beaverdam]

I see wheat up big this morning,
Chicago up 20
Kansas up 16
Minneapolis up 12

no yearend selloff,,, at this point.

[farming101]

That's a good question Herc.

I'm not doubting you on the $8.00/bus crusher , but I'm thinking your wheat might be meeting some specific parameters???

That or G3 knows something about future wheat prices, that all the rest of us are still in the dark about,,, which is possibility not unreasonable.

Wheat going to western Europe?

okay, I see your reply above. Very low parameters, considering the volume of high quality wheat around this year.
Is it for a particular variety?

Likely G3 has less long term agreements with price attached and is selling a greater percentage into the spot market than other companies

[Sodbuster]

For this marketing year G3 has been the front runner, something is different this year as basis has been higher than previous years even though our dollar is higher, that should translate to a lower basis. I locked in my basis earlier at $1.54 and now not sure if that was a good idea, still have to lock in mr futures for July but at today’s current price that would bring me to $7.68 for a #1-13.5. I think I will ride this a little longer yet as the market for wheat seems a little bit nervous and am thinking it will move up with a spring rally to buy acres.

[Oliver88]

I see wheat up big this morning,
Chicago up 20
Kansas up 16
Minneapolis up 12

no yearend selloff,,, at this point.

Minneapolis up 15 cents.
Soybeans futures cracked $13.

[Sodbuster]

Must be time for a rocket.