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Senior Advisor

A summary of global wheat highlights.

The USW Newsletter is usually short and covers a broad perspective but each issue confines itself to certain topics but almost always mentions current global conditions.

 

This isn't very comprehensive but hits on current situations. One situation not included I find interesting is that Brazilian mills are saying Argentina failed to deliver on contracts for wheat in December, forcing the mills to look elsewhere. I think that means US wheat. High protein wheat still appears to be an issue as good yields are usually indicative of lower protein.

 

http://www.uswheat.org/newsEvents/doc/A01DA485AC4FC11D85257C5B006E05BE?OpenDocument

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Senior Contributor

Re: A summary of global wheat highlights.

Palouser markets are getting interesting free dp for all grain this week and got a call and wasoffered 75 over for spring wht today. Wonder what they know that I or you or somebody else doesn't know. Demand at fire sale prices would be my guess. But what do I know.
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Senior Advisor

Re: A summary of global wheat highlights.

What's your protein level?  If you have good protein level an elevator can make money blending with lower protein. Anyone with 15% protein may find it in demand at a better price later this year - if you have already got other cash needs taken care of. I would certainly call around and tell other buyers what kind of premium you're being offered and see how they react when you ask if they have an explanation.

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Senior Contributor

Re: A summary of global wheat highlights.

Consistant, always fail to  poiunt out any negative.

as SRW makes lowr and lower lows. 

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