Wheat markets up , Ukraine Dam destroyed

[AlbertaFarmer5]

With the loss of the dam what was most of the irrigation water being used for Corn, potatoes ? Just some wheat maybe ?

I just read that Sunflowers are one of the biggest crops in that irrigation area. Which could explain the strength in Canola relative to wheat yesterday.

[furrowtickler]

I see from twitter the port is now flooding bad as expected, not a goo situation
Even worse for all the citizens that have endured this stupid war and now this .
Economic fall out in that region will be huge

[TSIPP]

That blown up dam is almost twice the size as lake Diefenbaker, it holds almost 15 million acre feet of water.

[quadtrac]

Doesn’t seem like any news really affects the markets anymore.
Just go up and down for basically no reasons.

[furrowtickler]

Doesn’t seem like any news really affects the markets anymore.
Just go up and down for basically no reasons.

All fund money and USDA tinkering
Nearly zero to do with supply/ demand anymore

[fjlip]

And DOWN goes wheat today...all bullsh it

[helmach]

[Marusko]

Also

North american drought becoming more evident

News story in Kansas wheat harvest will be smallest in 60 years

https://www.kwch.com/2023/06/05/kansas-wheat-harvest-looks-be-historically-small/

Alberta moisture update May 29 notes little reserve moisture in the soil, with large areas of the province having 1-in-25 and 1-in-50 year deficits

Why does wheat keep floating down? Maybe too early in the season for the weather to hit the market?

[furrowtickler]

Also

North american drought becoming more evident

News story in Kansas wheat harvest will be smallest in 60 years

https://www.kwch.com/2023/06/05/kansas-wheat-harvest-looks-be-historically-small/

Alberta moisture update May 29 notes little reserve moisture in the soil, with large areas of the province having 1-in-25 and 1-in-50 year deficits

Why does wheat keep floating down? Maybe too early in the season for the weather to hit the market?

They are trying desperately to keep a lid on things

[beaverdam]

They are trying desperately to keep a lid on things

Keeping food prices from rising more, keeping inflation at bay, farmers can always take less, right.

Never forget the U.N. dude, instructing countries to spread out the grain purchases, and not to bid against each other, just to obtain a year ahead supply all at once. "Buy small amounts and spread out the purchases to avoid grain prices from rising too much, when there are world shortages", he said

F_ _ _ Off U.N.

[bucket]

They are trying desperately to keep a lid on things

There is a point of no return where moisture won't help a crop.

[furrowtickler]

There is a point of no return where moisture won't help a crop.

Yup the vast majority of us actual farmers know and unfortunately have been there . And for most it’s staring them in the face already