South central kansas | SamT - 6/6/2023 08:18
Last time it was dry enough to cut wheat the elevator said I was the only one selling across the scale. (30 days free storage) historically the price tanks about now when guys up north kick off.
I talked to some guys and they said it’s going to rally when they cut wheat in Kansas?
What do the minds here think? I’ve sold about 2/3 mine and the rest is still in the field trying to sprout. I could hold out on the rest of mine for a while, but don’t want to end up like all the guys who still have last years they could have sold for $11
We are effectively rationing demand for HRWW at these price levels, both internationally and domestically.
ALL PRICES ARE FOR June 2023/August 2023 Wheat, USA Soft Red Winter, US Gulf | USD 248<<258 Sep | Wheat, USA Hard Red Winter 11 protein, US Gulf | USD 348<<356 Oct | Wheat, Ukraine 11.5 pro, 30,000+ m/t | USD 215/220 | Wheat, Russia 12.5 pro, 30,000+ m/t | USD 220/225 | Wheat, Romania 12.5 pro | USD 245/>>235 Sep | Wheat, Superior, France, Rouen | USD 240/243 |
Trade data from the European Union show Poland has shipped about 79,000 tons of wheat to the US so far in the 2022-23 season. More such cargoes from the Baltic to the US are likely given the price spread, Marciniak said.May 18, 2023
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Wheat price.
