Originally posted by TOM4CWB
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Min Spring Wheat 10$!
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Got some nice last year's wheat that's going to go this year.
Told by one company to put in a target I said a target is the grain company shooting fish in a barrel you know how low the guys are willing to go.
$12 was almost out there today and with the break maybe the quality will pay they are still ****ing guys on protein as they need our shit to blend with poor wheat to give a nice loaf of bread.
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Originally posted by SASKFARMER View PostGot some nice last year's wheat that's going to go this year.
Told by one company to put in a target I said a target is the grain company shooting fish in a barrel you know how low the guys are willing to go.
$12 was almost out there today and with the break maybe the quality will pay they are still ****ing guys on protein as they need our shit to blend with poor wheat to give a nice loaf of bread.
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Grain Cos have been phoning and asking us to put in TPOs, every time this happens futures go up and basis drops further. They know ho to try to get some more cheap grain before it jumps again. Funny how they call just as it breaks resistance levels and goes into a new trading range. Do not sell and hold the line.
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Originally posted by BreadWinner View PostGrain Cos have been phoning and asking us to put in TPOs, every time this happens futures go up and basis drops further. They know ho to try to get some more cheap grain before it jumps again. Funny how they call just as it breaks resistance levels and goes into a new trading range. Do not sell and hold the line.
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Look at the calendar folks, the grain cos are busy banging on the the bins for oats and barley all they are hearing is the sad sound of empty bins. Its October and a long ways till next years crop. The crushers are happy for now grinding up all the $12 stuff contracted last year. Wheat is going to get a reality check the next few weeks. I would be holding tight with any new sales till at least into new year.
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