Not Wheat's Week


My wheat looks great.

(Wheat markets on the other hand ... not so much)

Both wheat futures and basis levels have been working against us and this week prices have hit lows we haven't seen in some time. While the wheat markets figure their sh*t out, I'll sit back, avoid the dip, have a beer and just watch. Even then Farmbucks still finds me the best prices currently offered.

On the Farm: It was a HOT one! My crops really needed this sun to move maturity further along. But, of course, hot weather means MORE rain and thunderstorms. I have such field variance in precipitation right now. It's crazy. My northern fields, which are only about 20 miles away, have received a few inches more rain this past week than here at my home base.
We shall see how my crops handle it all.




Market Watch:
Canola down slightly, Wheat down, and Pea and Oat bids have softened.

This week went by fast. There were still good canola premiums to be had earlier in the week as buyers were looking to lock down their August demand. $11.50/bu old crop canola was still available! Wheat markets on the other hand continue to drop. I also noticed some oat and pea prices soften this week as we near harvest.

- Canola bids are down $0.04/bu vs. last Friday.

- CPSR bids ended down $0.20/bu this week.

- New crop CWRS bids are down about $0.22/bu.

- Feed and Malt Barley bids are unchanged/softer.

- Oats bids are relatively unchanged/softer.

- Certain Yellow pea bids are down slightly.



Find all the details on our app or website - your login works for both!

**Make sure you allow push notifications to get all the latest specials**

If you have locations or bids that you want us to cover just send us a quick email or text!

SEARCH NOW
THIS WEEK'S HIGHLIGHTS
Aug 3 - 7, 2020
Canola - $11.50/bu Aug 2020 and $11.00+/bu Jan 2021 onward
2 CPSR 11 - $5.64/bu - Dec-Jan 2021
1 CWRS 13.5 - $6.56+/bu - Jan 2021
Barley - old crop $4.25/bu FOB
Barley - new crop $4.30+/bu - Oct onward
Yellow Peas - $7.07/bu off-combine
Oats 2CW - new crop $3.40/bu Oct-Nov
Want us to add bids? Let us know who and where!
Text: 780-614-8044
FREE APP DOWNLOAD

WANT MORE? FOLLOW US ON TWITTER, FACEBOOK & INSTAGRAM

Twitter
Facebook
Instagram
Website
Copyright © 2020 Farmbucks Inc., All rights reserved.

Contact us at:
hello@farmbucks.com