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    #1

    HRS Chart

    HRS looks like it broke through double top for July. Basis and bids up.
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    #2
    Went to $8.07 for about three minutes here, this morning. First time over $8.00.

    What is Viterra planning for the Regina city land north of the landfill?

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      #3
      Originally posted by checking View Post
      Went to $8.07 for about three minutes here, this morning. First time over $8.00.

      What is Viterra planning for the Regina city land north of the landfill?
      Biodiesel plant I believe.

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        #4
        had a target go for $8.05, #1 13.5
        has 15.5 px so should fetch another 35-40 cents

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          #5
          $8.40-8.50 getting texted out this morning. #1 13.5.

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            #6
            Originally posted by Herc View Post
            $8.40-8.50 getting texted out this morning. #1 13.5.
            Freight is expensive out of the swamp

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              #7
              Was reading this morning about some record cold temperatures in France around the 7-10th of April. Coldest for this time period since the 1930’s. Waiting to see how much damage to the winter wheat crop. Also projecting cold for southern U.S. early next week, concern for frost damage to winter wheat and germinating corn crops.

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                #8
                Corn can’t handle cold shock very well .
                Strange how that cold snap in France never got mentioned , does not fit the narrative I guess

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                  #9
                  Originally posted by furrowtickler View Post
                  Corn can’t handle cold shock very well .
                  Strange how that cold snap in France never got mentioned , does not fit the narrative I guess
                  News mentioned cold snap hurting wine industry that's bigger dollars for sure. Remember boose before food!

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                    #10
                    Would sure be nice if wheat would catch the same rally as the rest of them so we could empty the bins for next harvest!

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                      #11
                      Originally posted by flea beetle View Post
                      Would sure be nice if wheat would catch the same rally as the rest of them so we could empty the bins for next harvest!
                      You might want it in the bin if it turns out to be widespread winter wheat damage in both Europe and the USA, and a drought here to boot. High corn prices will also mean substituting wheat for corn at a certain price point.

                      There is so little "wheat cost" in a loaf of bread, the price could triple for farmers and it would hardly be noticed by the consumer.

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                        #12
                        USA farmers saying lots of wheat going to hog barns now because of corn. When will next wheat inventory numbers come out and will they be believed ?

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                          #13
                          Orchards, vineyards and sugar beets clobbered in France. Maybe barley, but soft wheat can't be damaged by nights of frost, apparently.

                          Southern China floods that may move north to harvesting corn and soybean crops. Will only know the extent of loss when pigs fly.

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