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| Cash bid for new crop wheat in eastern North Dakota is 8.00 we can raise 60+ bushels in the right year.
The most that we would forward sell is 1/2 30-35 bushels. The balsnce would be sold for less lets say
5.50, that would give us a gross of about 420 per acre. Not bad, but wait we could have protien discounts
of 5-10 cents a 1/5 down from 14%, also scab discounts, falling # discounts, sprout discounts, and
vom discounts, and maybe test wieght discounts also. I think you can see why wheat has a down side in
North Dakota. | |
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What is wrong with wheat?
