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Senior Contributor

Wheat

     Has the wheat thats been harvested in the US so far this year,and I am interested in mill qualitie been so strong to not realize any more price action?

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4 Replies
Advisor

Re: Wheat

all the wheat here in NW Ohio has vomitoxin in it.  The elevator is checking every load.  They told me today it all has it some worse than others.

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Veteran Advisor

Re: Wheat, it's mostly Feed wheat so far

Globally.

 

jeez, usa is out, can is out, eu is out, ukraine is out,....maybe AU can salvage the big milling wheat expectations come Fall.

( I Doubt That though )

 

this stuff could Double UP.  MO

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Contributor

Re: Wheat

ADM Silvergrove (Cincinnati) is turning wheat away, know personally of one grower who was denied. They sent a text out yesterday stating as of 7/20/15 they will only take wheat with a max damage of 15%. They currently have a positive basis of .89 for July if you do have good wheat though which is far and few between with all the rain we have had. Cincinnati news calling for 20-30% last night, some places in SE Indiana and Northern KY got 3-4".
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Senior Contributor

Re: Wheat

    Do any of you guys know what happened to Palouser?

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