îÁ: Wheat prices
 

Gordon Couger wrote in message
...
no, because US prices are higher at the moment because you haven't
got
much wheat to export. You also keep out Ukranian wheat because of
phyto-sanitary regulations so do not face competition in your own
market.
UK export markets were the countries of the North African coast who
now
buy mainly Ukranian wheat, as indeed are Spain which was one of the
UKs
major customers last year.
We have to compete on the world market with Ukranian wheat which
means
that our price is so low it looks like we will export up to 200,000
tonnes of feed wheat to the US this year.

Talk about taking coal to New Castle. Sell into our wheat feed market?
I
suppose there is a better feed wheat market some where in the country
than
around here. But here the only wheat that goes for wheat is junk we
can't
sell for human consumption. But we don't have any poultry. It is too
hot in
the summer. Regular temperatures of 110 f or 43 C cause too much death
loss.
The hottest I ever saw was 122f or 50C

I am sure that the poultry industry buys a good deal of wheat for feed
and
if the price is right hog farmers will too.

The prices for the rest of the crop year for feed wheat should be
better.
Corn prices seem to be good as well. I haven't seen a quote for feed
wheat.


apparently UK feed wheat is replacing Maize in the diet of hens

I have never thought about what the weakening dollar does to you as an
exporter. Since the FED had to replace the water cooling system on the
money
printing machine with liquid nitrogen after thing went to pot over
here the
have greatly increased the money supply.

Most every one I talk to is holding wheat for higher prices and the
way
corn prices are acting they must be doing the same there as well.

I don't know. If you have a half decent crop next year, or have any
grain to get rid of, then the price will probably crash through the
bottom.


--
Jim Webster

"The pasture of stupidity is unwholesome to mankind"

'Abd-ar-Rahman b. Muhammad b. Khaldun al-Hadrami'


Gordon