Could be interesting Monday in grain markets

[agstar77]

Thats not what happened Tom and you know it. Russia has held that corridor open for months under agreement and Ukrainian grain was going to Europe.
Velshi.
It was the US, UK and Zelensky that decided to break that pact and start sending dinghy boats and drones at russian patrol ships in the region just like they did with NSII.

I cant stand propaganda spin.

Time is improving your comprehension level.

[TOM4CWB]

Tom are you using a brokerage or the tools provided by some of the grain companies to do your risk protection?

I do trade futures and options, yet for the least risky first 50% of historic production… cash pricing provides least cost risk management. The challenge is to market in the top 1/3 of yearly percentage of prices… profitable prices provide incentives to start early…

We just did stage one pricing on 2023 canola, basis’ is strong this year for 2023 Nexera production contracts. With premiums over $22/bu … bought fuel, some fertilizer, fall applied weed control…

Cheers we are blessed to have these opportunities!

[AlbertaFarmer5]

I just read this on twitter. Kind of aligns with what I've been saying all along that the oilseeds are at least as big a story as wheat in ukraine.
ALESSANDRO VITIELLO174/51.5
@ALESSAN31519547
Narrative on grain corridor suspension is all about prices and likelihood of limit up on wheat tonight. Let me add that this suspension will have way greater impact on Corn and Sunoil/sunmeal flow and prices due to importance of Ukraine for both in global trade #sunoil#corn

[Guest]

Unusual text from a grain company today Saturday. The Russian grain deal is dead so get your targets in for Sunday night.
Most often I don't put targets in or take advice from grain companies and this time is no different.

They’re even sending it on Sunday
Hopin to get some before the big jump

[sumdumguy]

Elevators open, buying wheat and lentils.

[TOM4CWB]

Dec 22 Spring Wheat up 32cents… nothing revolutionary

Cheers

[TOM4CWB]

[hobbyfrmr]

Monday definitely could be interesting, hoping that wheat prices can gain momentum and not flop after a 3 day rally. Gives me a 2nd chance to price the remaining 21 wheat crop that I didn't pull the trigger on after wheat prices hit over $17. Will be watching rally from the bottom of the world in NZ. Did a cruise of Milford Sound yesterday and up in Queenstown today taking a taste of the local breweries today.

Remember to Bungee Jump Skipper’s Canyon.

[furrowtickler]

Hey Hobby 👋
Great to see your still kickin around 👍

[TOM4CWB]

https://ca.yahoo.com/news/russia-suspends-participation-deal-ukraine-145318898.html

"Reuters
U.N., Turkey, Ukraine press ahead with Black Sea grain deal despite Russian pullout

Sat, October 29, 2022, 8:53 AM
By Pavel Polityuk and Michelle Nichols

KYIV/NEW YORK (Reuters) -The United Nations, Turkey and Ukraine are pressing ahead to implement a Black Sea grain deal with a transit plan in place for 16 ships on Monday, despite Russia suspending its participation in the pact that has allowed the export of Ukrainian agricultural products to world markets.

Russia, which invaded Ukraine on Feb. 24, in the Black Sea deal on Saturday for an "indefinite term" because it could said it could not "guarantee safety of civilian ships" travelling under the pact after an attack on its Black Sea fleet.

The United Nations and Turkey, two main brokers of the July deal, scrambled on Sunday to save it. U.N. Secretary-General Antonio Guterres was deeply concerned about Russia's move and delayed a foreign trip to try and revive the agreement that was intended to ease a global food crisis, his spokesperson said.

Following Russia's move, wheat prices on international commodities markets were expected to leap on Monday as both Russia and Ukraine are among the world's largest wheat exporters, analysts said.

More than 9.5 million tonnes of corn, wheat, sunflower products, barley, ****seed and soy have been exported since July. Under the deal, a Joint Coordination Centre (JCC) - made up of U.N., Turkish, Russian and Ukrainian officials - agrees on the movement of ships and inspects the vessels.

No ships moved through the established maritime humanitarian corridor on Sunday. But the United Nations said in a statement that it had agreed with Ukraine and Turkey on a movement plan for 16 vessels on Monday - 12 outbound and 4 inbound."...

[TOM4CWB]

Bloomberg
Ukraine Latest: Grain Ships Move Again; Russian Missile Strikes

Bloomberg News
Mon, October 31, 2022, 2:34 AM
(Bloomberg) -- Ukraine said Russia launched a massive wave of missile attacks across the country, after the Kremlin blamed Kyiv for strikes against its Black Sea fleet and pulled out of a grain export deal.


"Ships loaded with grain are beginning to leave Ukraine, as the United Nations and Turkey work to salvage the agreement to keep seaborne exports flowing even after Russia’s weekend announcement that it was halting its involvement in the deal.

Russia suspended the deal after drone strikes against its naval fleet, claiming without evidence that one of the drones launched on Saturday might have come from a grain ship that’s part of the Black Sea initiative. Russia also said underwater drones were launched from Ukraine’s Odesa region.

(See RSAN on the Bloomberg Terminal for the Russian Sanctions Dashboard.)

Key Developments

Crop Ships Are Leaving Ukraine Despite Russian Move to Halt Deal

Ukraine Reports Huge Russian Missile Strikes After Crimea Blasts

Wheat Soars After Russia Exits Pact Allowing Ukraine Exports

Turkey Says Defense Minister in Talks on Ukraine Grain Deal

Iran’s Oil Minister Heads to Russia on Monday for Deal Talks

On the Ground

Russian missiles targeted the capital, Kyiv, including essential civilian infrastructure, leaving parts of the city without water and electricity, Mayor Vitali Klitschko said. Explosions were also reported in the regions of Kharkiv, Zaporizhzhia, Kremenchuk and Vinnytsia among others. Russian forces also struck the Dnipropetrovsk region with artillery and drones overnight, hitting residential and other buildings as well as energy infrastructure, local authorities said on Telegram. Russian forces began preparations to remove their artillery from the Dnipro River’s right bank in the Kherson region, Ukraine’s southern operational command said on Facebook."...

https://ca.yahoo.com/finance/news/ukraine-latest-russia-hits-massive-073059568.html

[Partners]

Wht over 12 at RP for immediate delivery.