Did I just hear that China didn't buy the amount they had promised, didn't meet their quota? How might that affect the price?
that's pretty routine, actually. China overpromising as part of trade commitments, then under purchasing. The actual agreements are pretty "squishy", and the enforcement is mostly non-existent. I wouldn't invest based on it - but again, this is NOT intended as investment advice - just saying I wouldn't (and haven't).Did I just hear that China didn't buy the amount they had promised, didn't meet their quota? How might that affect the price?

Wheat is on a tear right now - courtesy Russia's invasion of the Ukraine (primarily). Oil prices will drive fertilizer prices higher, too. ...and of course transportation costs.Well, well, well...![]()
We are livestock farmers not crop farmers, but when fuel costs go up... our hay is more expensive, the feed is more expensive. Certain feedstuffs are not available at all.Wheat is on a tear right now - courtesy Russia's invasion of the Ukraine (primarily). Oil prices will drive fertilizer prices higher, too. ...and of course transportation costs.
https://www.nbcchicago.com/news/nat...rge-amid-russias-invasion-of-ukraine/2774260/We are livestock farmers not crop farmers, but when fuel costs go up... our hay is more expensive, the feed is more expensive. Certain feedstuffs are not available at all.
Europe will probably appeal to the US to send them corn/beans etc. because they won't have any from the Ukraine.
This administration will be happy to oblige, to our own detriment. Because we need to live with less and be happy about it.
You can't keep poking a bear and think it won't bite. Foresight.
May I ask what grinder you hat? I'm looking for a good but not too expensive one. Thanks!Starting back in 2009 I have always kept 500 pounds of whole corn in barrels and rotated it. And I bought a small grinder that can make coarse corn meal. Just a cheap precaution for both the chickens and humans. Might get tired of cornbread if things turned South but at least I would have cornbread.
Mock Mill Grain Mill is great. I bought a Model 200 for my wife and she uses it for grinding all kinds of grain for baking. The grind is adjustable from coarse to fine. mockmill.us for info, available from many sellers including the manufacturer. Not cheap ($395) but well worth it. They also sell repair parts.May I ask what grinder you hat? I'm looking for a good but not too expensive one. Thanks!