Wheat School – Don’t Hold Out for Protein Premiums this Fall

Did your wheat crop make you smile this year? Good yields and high protein in the face of strong commodity prices is the coveted winning trifecta of the wheat world. Unfortunately, Canadian wheat growers are not the only ones with bins full of high protein, quality wheat. The traditional high protein spreads only happen when there isn’t enough high protein wheat to go around. This year is not that year.

While there will always be a market for high quality wheat, Chuck Penner, founder of LeftField Commodity Research, explains in this episode of the Wheat School why holding out for a few cents of a protein premium may be penny wise but pound foolish.

To see more Wheat School episodes click here.

If you cannot see the embedded video below click here.

 

RealAgriculture Agronomy Team

A team effort of RealAgriculture videographers and editorial staff to make sure that you have the latest in agronomy information for your farm.

Trending

Wheat prices jump into August — This week in the grain markets

This week, winter wheat prices touched a three-year high, but it didn’t last. Chicago SRW wheat prices for September 2018 gained 5 per cent or about 26 cents US/bushel to close at $5.56. While the December 2018 contract was up 5.4 percent — or nearly 30 cents — to finish a tad under $5.80. In…Read more »

Related

Leave a Reply

 

This site uses Akismet to reduce spam. Learn how your comment data is processed.