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$ 8.00 wheat

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    #25
    Originally posted by Sodbuster View Post
    Must be time for a rocket.

    [ATTACH]7307[/ATTACH]
    On Agtalk, they say that rocket pictures are rally killers! Put it away! lol

    I say bring on the rally, I have been stockpiling a few years for this moment!

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      #26
      Text today from Richardson with No1 13.5 about 6.99 for April.

      P&H usually the leader here and could use a G3 to compete with them. Richardson and Viterra are not really in the ball park.

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        #27
        Originally posted by agstar77 View Post
        8.00 and a 1 million combine or air drill still does not compute.
        It does if you get huge subsidizes. Watch some of those USA farmers on youtube, they love new paint, and grain legs, they cant spend the money fast enough. They keep driving our input prices up and commodity prices down.

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          #28
          Originally posted by seldomseen View Post
          Text today from Richardson with No1 13.5 about 6.99 for April.

          P&H usually the leader here and could use a G3 to compete with them. Richardson and Viterra are not really in the ball park.
          G3 usually the leader here on bids. I think their connection with Bunge has a lot to do with their aggressive bids, Bunge buys and sells into every corner of the planet, Richardson, maybe not so much. Also G3 can load some pretty big trains..150 cars, and loop them back to forth between elevator and terminal, so more grain can be shipped on tighter margins? Anyways, its great we have an international grain buyer in the prairies to compete the the 3 Canadian families.

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            #29
            Definitely moving here.

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              #30
              Originally posted by jazz View Post
              What are you guys buying? A $100k drill and a slightly used $200k combine will do the same job as any newer equipment.

              Maybe thats the real problem in ag, not the wheat prices.
              Someone has to buy new. I depend on that so I can buy their third hand equipment. 🤣

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                #31
                Gap on Dec 23rd, filled on Dec 28;

                today looks like a rocket going off all right!

                https://www.barchart.com/futures/quotes/MWZ21/overview https://www.barchart.com/futures/quotes/MWZ21/overview


                if you scroll down, on the right side you'll see resistance and support levels. FWIW

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                  #32
                  Calculation into Canadian $ per bushel on farm here for bog standard 10.5/11% protien wheat is $7.76 Canadian per bushel. Last nights moves only showed a minimal rise in local prices currency cutting at prices think wheat went up at best $1 per tonne barley down a buck per tonne. Playing catch up with you guys now

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                    #33
                    Happy New Year. CBOT Mch wht at 640.5 USc, a multi yr high. A$ above 77 USc. Down A$1.23/t o’night on strong A$. Speculation Argentina may suspend wht exports as they have done with corn. Now a lack of weather news as nth hemisphere crops in dormancy, so expect volatility.

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                      #34
                      Last couple trading days, seems Minneapolis Wheat finally making stronger moves up, relative to Chicago and Kansas. Maybe farmers will see $8 or better.

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                        #35
                        Still lagging locally
                        G3 and grains connect still offering higher bids , have been for 3 months now

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                          #36
                          viterra Indus $8.00 14.0 1cwrs april-may del. offered .

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