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Wheat spreads
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coup
Posted 2/14/2024 05:45 (#10622677 - in reply to #10622660)
Subject: RE: Wheat spreads


USA
gofurit - 2/14/2024 04:19

Thanks for spelling out what I was trying to say above.
You have a way with words.
It may be fun to watch how this plays out by the EOM.
At least I hope it helps me feel less bad about my '23 wheat marketing.
Now Rod, what about new crop SRW? Contracting global supplies give us some hope?
I'm bearish basis. That is for sure. I just hope they take the stuff around here. Thats why I'm in the position I am now on '23 crop.


STL SRW for Mar delivery @ + 46 Mar yesterday. Ardent Flour Mill went to - 20 for Feb, - 15 for Mar. Don't ever remember the river being that much higher than flour mill bid here.
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