Hard Red Spring Wheat

[Ronski]

New varieties of CPSR … if like ours at 13% px… is every bit as good for most milling applications as CWRS… if we have decent harvest conditions… falling numbers well over 350.

With dry Aug… 65lb/bu… looks like toffee…

Cheers

Do you still see a cps yield increase over the newer hrs varieties?
On my farm the price premium for hrs is almost gone but the cps yield bump isnt enough to be sure it wasn't just a 1/4" shower at a critical time.

[TOM4CWB]

Do you still see a cps yield increase over the newer hrs varieties?
On my farm the price premium for hrs is almost gone but the cps yield bump isnt enough to be sure it wasn't just a 1/4" shower at a critical time.

A toss up… no doubt…

Risk splitting… like most marketing… which will make more net… depends on global wheat markets… Hard Red Winter had more drought than Spring Wheat… then the spread decreases between the classes.

Cheers

[AlbertaFarmer5]

Ever hear of the time value of money?

When interest has been nearly free(past tense), and actually free on cash advance? And the only thing I want to spend the money on is land, and there is none for sale at any price. I would say doubling the value in the bins beats the time value in the bank quite handily. But I certainly do take that into account.

[AlbertaFarmer5]

did ya empty your bins?

I have sold about half of total canola this winter. Will sit on the rest till late spring/summer. Most barley sold. About 1/4 of wheat sold, no hurry to move the rest.

Edit, I just checked the date of the original post, April, about the time I should have been selling instead of bragging...

I was trickling some out all spring. But not nearly enough, held a lot for the usual early summer time frame. Swallowed my pride and sold a couple times on the way down. Then hauled a lot out last summer on basis contract. Eventually priced in end of October, could have done slightly better later, but was far better than the price while I was hauling it. Built a few more bins, and carried over quite a bit.

[AlbertaFarmer5]

or watched it go up and watched it go down?

That was last summer... Thanks for the reminder. I was trying to forget.