QGM Organics July 5: Week Ender

Last evening ended with a long black storm crawling steady east from the Rockies. It went north by a couple miles. Based on the radar, whoever was under that storm got a good soaking. I am of the observation that the drought, at least in the Edmonton south region, is now over. As we head into the heat of midsummer it'll be interesting to see what kind of hail comes with it. There should be enough moisture in the soil though to set a good crop without blossoms burning off or stress attracting pests. 

What we're seeing right now is bin clean up season, buyer top up, and a wide disparity in price offerings, particularly on milling wheat (about $6.50). There's been a lot of on-again off-again interest in rye and feed grains, but as a rule everybody is playing it close and the buyers are counting on a fat harvest to lower prices and keep them low. Demand is expressed and then promptly dries up when some new tidbit of speculation goes through the mill. If a price is offered and it sounds good, take it that day, whether through Quality Grain or whatever you choose to do. 

Trade is slow but steady right now with a lot of decision makers on holiday. Contact me if you've got something to move as right now, deals are taking some man hours to get done. 

I'm looking for conventional milling wheat starting 8.30 FOB July-Aug FOB for central Alberta with some room for counteroffer. I'm looking for buyer indications on organic oats and barley. I've got some large tonnage organic soft red well situated for immediate movement into the U.S.A. I'm looking for interest in organic canola for crush, and have a fair quantity of feed grains across the provinces. 

Thanks,

Andrew
Broker
Organic And Conventional. Pulse, Specialty, Cereal
200+ buyers 
C/Text: 587-287-8447
Three Hills