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Old 05-06-2017, 11:19 AM
 
Location: British Columbia
3,866 posts, read 4,320,047 times
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Quote:
Originally Posted by David A Stone View Post


I read on one of the posts that wheat prices jumped 2%

Let's put that in perspective for non-farmers.

That would be like gas going from $2.10 per gallon to $2.14

I don't know what posts you were looking at (was that here on C-D?) but that's not what I was reading on the AgWeb reports. Of course it's possible I might have misunderstood or misinterpreted what I was reading but this is what the report said:

Hard red winter wheat went up 6.5%, soft red winter wheat went up 5.5% and corn went up 3%.

For whoever's interested here's a link to AgWeb's reports on wheat prices and news after that storm. https://www.agweb.com/crops/wheat/


.
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Old 05-06-2017, 12:03 PM
 
4,015 posts, read 1,235,731 times
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Quote:
Originally Posted by Zoisite View Post
I don't know what posts you were looking at (was that here on C-D?) but that's not what I was reading on the AgWeb reports. Of course it's possible I might have misunderstood or misinterpreted what I was reading but this is what the report said:

Hard red winter wheat went up 6.5%, soft red winter wheat went up 5.5% and corn went up 3%.

For whoever's interested here's a link to AgWeb's reports on wheat prices and news after that storm. https://www.agweb.com/crops/wheat/


.


I read it............."Wheat futures fell double digits "


this was the latest report from yesterday.
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Old 05-06-2017, 03:32 PM
 
Location: SWCT - close to coast
55,008 posts, read 37,046,368 times
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Quote:
Originally Posted by David A Stone View Post
I read it............."Wheat futures fell double digits "


this was the latest report from yesterday.
This was from May 1st. They surged





And if you want to follow the prices.. Click here. Take a look at Wheat. From end of April, snowstorm hit and up it went to highest price in months. But its down off those highs now. Doesn't fluctuate as much as Oil or other commodities but we'll see what it does from here on out..


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Old 05-06-2017, 03:47 PM
 
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and on May 5 it stated futures fell.
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Old 05-06-2017, 07:12 PM
 
Location: SWCT - close to coast
55,008 posts, read 37,046,368 times
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Quote:
Originally Posted by David A Stone View Post
and on May 5 it stated futures fell.
Yes, chart shows that but note.. its still higher than before the snowstorm even with that fall.
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Old 05-07-2017, 12:25 PM
 
Location: IN
18,977 posts, read 31,220,694 times
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It could be worse, wheat is only a crop grown when you can't grow anything else- like in western Kansas, home to some of the most extreme weather anywhere. I don't eat modern wheat, haven't for many years. It is one of the direct causes of the obesity epidemic in the US.
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Old 05-07-2017, 02:07 PM
 
Location: UNMC Area
749 posts, read 217,923 times
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Quote:
Originally Posted by GraniteStater View Post
It could be worse, wheat is only a crop grown when you can't grow anything else- like in western Kansas, home to some of the most extreme weather anywhere. I don't eat modern wheat, haven't for many years. It is one of the direct causes of the obesity epidemic in the US.
Of COURSE it is. It goes without saying that wheat made this kid fat...

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Old 05-07-2017, 02:12 PM
 
Location: SWCT - close to coast
55,008 posts, read 37,046,368 times
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Here we go again...


Forecast low of 27F in Bradford, PA tonight. That could mean 50% crop damage to Apple Trees (Empire)


Climate Smart Farming CSF Apple Stage / Freeze Damage Probability





Here are the current Freeze Warnings for tonight. Could get expanded later


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Old 05-07-2017, 02:48 PM
 
4,015 posts, read 1,235,731 times
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Also, damage to fields in Arkansas due to flooding could easily hit in the 100's of Million $$$$$$$$$$
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Old 05-08-2017, 02:40 PM
 
Location: SWCT - close to coast
55,008 posts, read 37,046,368 times
Reputation: 8313
Just takes 1 day...

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