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Old 05-06-2017, 11:19 AM
 
Location: Canada
14,686 posts, read 14,815,770 times
Reputation: 34686

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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
 
4,315 posts, read 3,968,471 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: Near the Coast SWCT
83,349 posts, read 74,736,613 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


https://twitter.com/business/status/859110615385862144


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
 
4,315 posts, read 3,968,471 times
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and on May 5 it stated futures fell.
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Old 05-06-2017, 07:12 PM
 
Location: Near the Coast SWCT
83,349 posts, read 74,736,613 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: Boilermaker Territory
26,399 posts, read 46,311,070 times
Reputation: 19499
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 728,382 times
Reputation: 1002
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: Near the Coast SWCT
83,349 posts, read 74,736,613 times
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Here we go again...


Forecast low of 27°F 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
 
4,315 posts, read 3,968,471 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: Near the Coast SWCT
83,349 posts, read 74,736,613 times
Reputation: 16544
Just takes 1 day...

https://twitter.com/WeatherNation/st...79765387964416
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