Minn wheat locked up 60 cents today, fireworks staring will see tomorrow where wheat jumps to. Wheat is finally getting some attention.
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Originally posted by Sodbuster View PostMinn wheat locked up 60 cents today, fireworks staring will see tomorrow where wheat jumps to. Wheat is finally getting some attention.
Could be a lot of corn/wheat acres switched to beans and some not planted at all.
Also hot, windy and dry through most of the USA winter wheat areas.
I was thinking canola had a shot at $30, but the high may b in and past??
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Originally posted by WiltonRanch View PostThe stress is the potential of everything being a great year or disasterLast edited by furrowtickler; May 12, 2022, 15:06.
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Originally posted by Sodbuster View PostWheat on the move again, up $.47 this morning. Looks like market is starting to price in Ukraine war and drought conditions in the US.
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Originally posted by WiltonRanch View PostThe stress is the potential of everything being a great year or disaster
Not much in between. We ended up on that knifes edge , literally. Great crops just miles one way and drought hit crops just miles the other way .
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Originally posted by Sodbuster View PostWheat on the move again, up $.47 this morning. Looks like market is starting to price in Ukraine war and drought conditions in the US.
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whats the take on wheat. war in ukraine continues, russia still throwing bodies at the occupation. wheat continues to flow hard out of there from what i've heard, shipping open and free for now so russia can make a few bucks to support the cause i bet. I'm expecting at some point the taps will be shut off when a new major offensive is started or they run out of grain or some other disruption happens and wheat futures will pop back up.
but i'm just a fencepost in a field, forecasting in a fury of chaotic world political events and market manipulation
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Originally posted by Marusko View Postwhats the take on wheat. war in ukraine continues, russia still throwing bodies at the occupation. wheat continues to flow hard out of there from what i've heard, shipping open and free for now so russia can make a few bucks to support the cause i bet. I'm expecting at some point the taps will be shut off when a new major offensive is started or they run out of grain or some other disruption happens and wheat futures will pop back up.
but i'm just a fencepost in a field, forecasting in a fury of chaotic world political events and market manipulation
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