Fast turning in Paris

[eurofarmer1755642]

Reports from Russia have started new buying on the Matif.Nearly new highs some hours ago.Rains or not for new seeding is in the discuss.

Wheat harvest in France show 10 or15% down from lats year.

Will these wheatprices make you consider more wheat in the new fallseeding   or is corn the king without discuss??

I have greased my combine , some more days and I will test the moist anyway.....

bw

[p-oed Farmer]

Hey Euro.... I hope that you are having a good year this year.....Let us know how your wheat is turning out when you get into it..... Yes I do believe that wheat acres will be up this year IF the prices stay strong or go higher..... If they go down then it is anybody's guess..... A lot of farmers are disgusted with wheat and it will take a good price to encourage them to up there acres.......p-oed

[german farmer]

Here in Germany wheat harvest is starting. the first Yield reports in eastern Germany are better than earlier thought but dowm from last year. In my area (northwest Germany yields are down 20-50%. from last year.  

[Palouser]

The turn around in wheat is here to stay for this fall .... and will continue. As I said in a previous post, the rise in prices will stabilize wheat for next year as farmers that have options will decide to 'go one more year' on rising prices. I'm relatively certain that before this rise the price threatened to cause a steep erosion in future inventories.

The turn around in wheat is probably accelerating for now. The news out of the FSU is worse with every passing day at this point. Part of it is a matter of quantities. Part of it is quality. The internal feed requirements of the FSU are rising and the amount of milling wheat is falling. The US is in a good position with supplies. I'll hazard a guess that exports this next year will rise significantly. If Australia produces a good crop then there will be less volatility in quality wheat. Canada needs a timely harvest.

[Palouser]

It is this kind of very natural event that can crush those who are too wedded to technical and seasonal strategies. Unfortunately, margins in wheat are still narrow enough that losses can be difficult to regain on the production end.

[eurofarmer1755642]

Hi german f

Did you farm hogs in Niedersachsen???

I have a memory on that.!!

Haven`t seen you post for a couple of years??

Have you bought granis for your hogs early?

[Mike M2692830]

The turn around in wheat is here to stay for this fall .... and will continue  

How many corn acres do you think could be lost to wheat acres for next year. Based on what you posted, it would seem wheat producers will produce wheat and not corn. Just curious on your thoughts...MikeM

[Palouser]

Had the price for wheat not risen recently then I think wheat acres would have declined in favor of other options in those areas that have them. I don't believe the current price will take away from corn and soybean acres. If wheat prices go considerably higher then there may be some substitution. Higher wheat prices would probably stimulate wheat/soy double cropping if the weather allowed it.

Wheat at $6 is no gold mine, frankly.

[eurofarmer1755642]

Hi Pal

Do you have any idea just how difficult it is to forecast the damages on wheat in such a big area as FSU??

Right now the SOVECON forcaster seems to be truthteller nr 1....

Todays rally ought to have its origin in some new info

I think USA and W EU is more exact forecasted than Russia.

USDA ideas on USA crops is mostly good!!!!!!!!......or not?????

IGC is known to be very optimistic on production

bw

I think the description of damages must reach point of the top and pretty soon we ought to be there??