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| I guess I don't get it. That's already happening in a roundabout way. Here at harvest basis is extremely low. They are covering themselves against the low protein stuff. After harvest cash price is still extremely low if you have low protein because the basis and protein dock work together to lower your cash price to about what it was before harvest.
But if you have high protein you get a much better cash price.
Why should they pay a protein premium at harvest when there is not enough protein out there to make a dimes worth of difference to them when they mix it all together and try to sell it?
It's only after harvest when things slow down that they can tell a low protein guy to stop bringing trucks in because they are trying to fill a high protein train.
By the way, how should I grow protein again? Last year I pulled samples, then applied fertilizer based on the K-State wheat fertilizer formulas for 60 bushel wheat. Actual yield was 50 bushels so in a way I was 17% over fertilized. Still had something like 10.5 protein.
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It's time to move KC Wheat to Protein bids at producer level.
