The guys got about 12 hours of work in (8 hours on Monday and 4 on Tuesday) before we had rain again yesterday afternoon. We knew rain was in the forecast but were hoping the it would hold off for a couple of more days. Fog has rolled in this morning, and the rest of the week doesn't look good either. Very frustrating, especially when they are cutting 45 to 50 bushel wheat and some that actually has protein!
Grain price scales are based on 14-protein wheat. Right now the scales are -40 cents a quarter down, meaning that there is a discount for any grain under 14. So, 13 protein would be $1.60 off the listed price, 12 protein less $3.20, etc. So, if the wheat price is only $5.00/bushel and we had 12-protein wheat, we'd get $1.80. Thank goodness the price is closer to $7.00 right now, but than can change in a hurry. There is sometimes a 12-protein bid, but some elevators have pulled that lately. The grain market is affected by what's going on all over the world, weather and yields, etc.
A friend said the other day that the farmers shouldn't be worrying because they've never not gotten the grain harvested. There always could be that first time! Easy for him to say since he doesn't farm anymore.
Last night when I got home from work I called M to see what he was doing. I told him I thought he was probably somewhere crying in his beer. He assured me that wasn't the case because he doesn't drink beer anymore, has moved on to Jack Daniels. I'm beginning to worry about him.......
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