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Veteran Advisor

Excellent growing conditions for wheat !!

70 degrees this afternoon, 40+ mph wind, no rain
Since I don't know when, and by Wednesday
Around 6 degrees

Bumper crop !!!!
Yeild records broken !!!
No elevator space to store crop !!!!


Hey, I'm just repeating what "the market" says
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6 Replies
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Honored Advisor

Re: Excellent growing conditions for wheat !!

Mark Gold on M2M says if it rains a buck could come off...you don`t want to sell if you`re not going to have a crop.  I think Chicago is aware, but wheat does have 9 lives.

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Veteran Advisor

Re: Excellent growing conditions for wheat !!

I have news for you....it only has one life like
Corn.
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Senior Contributor

Re: Excellent growing conditions for wheat !!

i just love this game of farming! Analysts have all the answers cause they have no skin in the game. lots of advice! lol. 

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Honored Advisor

Re: Excellent growing conditions for wheat !!

Oh no, wheat can be grazed, froze a number of times, drought, hail and locusts  and still be a record yield.    Corn can be frozen off and a foot of snow and still come back that the local elevator has to pile it on the ground.  

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Senior Contributor

Re: Excellent growing conditions for wheat !!

did u get rain last couple days? markets seem to think it was a drought buster!!! That same line of thinking has one rain event completly saving the argentine crop and turning it into a bin buster! How many months can that crop last without rain and 100+? My crops never come back very good once the damage is done!
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Veteran Advisor

Re: Excellent growing conditions for wheat !!

Rain. We had rain. ????

I think all the "snow" and ice we had over the last
Several weeks was about 0.15 of an inch

Oh yes we have the life jackets, rubber dingies
And rescue swimmers at full alert here !!!!
((And sandbags in the corner of the firehouse
Just waiting to be filled with sand))
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