Grain prices have no where to go but up. However, as we learned from the russian piece of garbage putin.. when war hits, the max the world will pay is 14-15$/ bushel. After that some countries* cough..china..cough* will let their people starve. Same with feed barley.... we hit 8.50-9.00 and all the sudden trains of corn magically show up at all our local elevators ( nearby viterra brought in 11 x60 car trains of cars last winter).
Predictions.
Sell your canola starting at 19.25. Companies will get hungry all over the provinces to keep crushers rolling and be forced to " market special". Only thing tempering canola is absolutely 0 export buys.
Wheat only has upside. Evrry single country growing wheat has drought or low yields for some reason.
Will be interesting to see exactly when the price shoots up and by how much... if you feel like you need to move some wheat, throw in a heavy high basis target and let the companies know how much they need to shave off their profits in order for it to come out of your bins. $1.60 basis for hard red up here in edmonton area? Canadian dollar down... inflation tbru the roof. Get bent. Dont spit in my mouth and tell me its raining.
For all you guys who are done harvest.
Im sorry that sucks.
Instead of running an x 9 on those little crops you shouldve bought some old tr98s or 9600s... then youd still be combining!!!
Predictions.
Sell your canola starting at 19.25. Companies will get hungry all over the provinces to keep crushers rolling and be forced to " market special". Only thing tempering canola is absolutely 0 export buys.
Wheat only has upside. Evrry single country growing wheat has drought or low yields for some reason.
Will be interesting to see exactly when the price shoots up and by how much... if you feel like you need to move some wheat, throw in a heavy high basis target and let the companies know how much they need to shave off their profits in order for it to come out of your bins. $1.60 basis for hard red up here in edmonton area? Canadian dollar down... inflation tbru the roof. Get bent. Dont spit in my mouth and tell me its raining.
For all you guys who are done harvest.
Im sorry that sucks.
Instead of running an x 9 on those little crops you shouldve bought some old tr98s or 9600s... then youd still be combining!!!
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