Extreme Wheat Price

rusty6 · Feb 27, 2020

While shopping for groceries this afternoon this caught my eye and I had to take a picture. That is red spring wheat just like I grow. One pound package priced at $4.99, or say $5 a pound. That's about $300 per bushel by my figuring. I had just come from the Viterra grain elevator where they are offering $5 a bushel for my feed grade wheat, but only if it is dry. Quite the contrast. I need to start selling my wheat this way.

unc · Feb 27, 2020

There is an add in my local buy-and-sell paper offering feed wheat at $10.00 CDN for a 40 lb bag. If my arithmetic is right, that's $15.00 a bushel. Better than elevator price, but not as good as the supermarket! unc

55 50 Ron · Feb 27, 2020

There must be a demand for folks buying it to grind their own flour? I don't recall ever seeing wheat for sale in our grocery store, but then I maybe wasn't in the right place in the store.

That is certainly an extravagant price.

flying belgian · Feb 27, 2020

To be fair, their's is food grade and yours is feed grade. But still!! I also raised some hard red spring wheat. After they took off the shipping charge and discounted mine for God knows what all, I ended
up with $4.36 Lucky for me I have carved out a nitch selling the straw for $7.00/bale. Then as an added bonus last year a neighboring hog farm who uses an open lagoon needed a place to haul some manure as
his lagoon was full with all the rain we had in S.C. Mn. He was really in a bind so he covered the stubble with hog manure, no charge.

SVcummins · Feb 27, 2020

Now that?s a price we could make some buying
4.00$ diesel on

fastfarmall · Feb 27, 2020

There is a small demand for whole wheat, if the house hold is set up for it, meaning that they have their own grinder,sifter's etc, if your going to make a true whole wheat bread it has to be used with in a hour after being ground or else it going to get rancid, But there is a difference in whole wheat bread, it is delicious, you really don"t need and butter or Jelly on it!

CenTex Farmall · Feb 27, 2020

I think I'd be happy with feed grade.

rusty6 · Feb 27, 2020

(quoted from post at 21:24:57 02/27/20) To be fair, their's is food grade and yours is feed grade.

That is true but I just checked the Viterra website and top grade #1 wheat at 13.5 protein is $5.99 a bushel today. And there was none of that harvested here last year. #3 was as good as it got. That #3 is priced at $4.04 a bushel. Almost a dollar less than feed grade! Something funny about that but I guess Viterra knows what it wants.

Moonlite37 · Feb 28, 2020

We had a Danish family who years ago cooked whole grain wheat and ate it for breakfast much as you would cook rice. I think it required a bit of time boiling and was sweetened and had cream added

Traditional Farmer · Feb 28, 2020

Look at apples in the grocery store a lot of times they are $1.99 lb that's almost $120 bushel,I can buy a bushel for $18 so it goes with many things.You can start your own direct sales
to consumer business,many have some succeed some don't.You'll probably find you earn your money even at those prices.Retail to consumer business is a tough competitive business with low
profit margins in most cases.

MarkB_MI · Feb 28, 2020

No different than beans, rice, popcorn or any other commodity that is packaged for retail. Figure out the markup on bottled water!

VADAVE · Feb 28, 2020

If you got even half for your wheat what would the grocery want for their pound of wheat?
You are right there is something wrong with pricing today!

SVcummins · Feb 28, 2020

I just have a bread machine that has everything In the packet dump it in add oil the yeast and turn the machine on . I love the bread out of that thing but then I love bread and outside of the cheap sliced bread I don?t use butter or anything on it

showcrop · Feb 28, 2020

Agritourism is supposed to be the next big thing for agriculture. You can give the family a ride around your acreage in your Merc, show them all the equipment including climbing up in the cab of the Case, and end up in the farm products shop where you cash them out with an armload of produce at retail prices.

Traditional Farmer · Feb 28, 2020

In my area having a wedding at a winery can run 10 to 20 thousand$ and the wedding party has to buy the wine from the winery.Also local breweries are getting to be a big attraction as they serve food,host parties and its not cheap.The President's family bought the Kluge Winery out of bankruptcy,they have turned the huge house John Kluge built into a hotel.

fastfarmall · Feb 28, 2020

Well i am glad some body else had experienced that type of bread, there are some lady's that make it everyday, and have the local kids with their Bicycles deliver to the people, fresh every morning, or UPS it, to customers further away, UPS and Fed Ex can get a long ways in 24 hours!

BarnyardEngineering · Feb 28, 2020

The price only comes out to $300 a bushel, if they sell every last bag before the sell by date.

When they end up throwing half of it away, it's down to $150 a bushel.

On a niche product like that with limited demand, they probably throw 3/4 of it away. BUT, it's still profitable because enough customers will buy it at $5 a bag, AND those customers buy other products in the store.

Traditional Farmer · Feb 28, 2020

Think about how much you're paying for potatoes per bushel when you get an order of Fries at a fast food place.

ss55 · Feb 28, 2020

The cleaning, sorting, packaging, boxing, palleting, warehousing, loading, trucking, unloading, depalletizing, unboxing, and hand stocking on store shelves might add some significant cost compared to the value of the wheat.

DoubleR · Feb 28, 2020

That's the only way I can make money on my small operation is with all my direct sales of BEEF,Eggs,Straw, Corn, Pumpkins, and
other Fall products I raise. I'm not dealing with any middle man. One of the FEW advantages of living on a busy road and being
squeezed out by new developments,

rusty6 · Feb 28, 2020

I don't know if that $5 bag of wheat (one pound) would even make one loaf of bread. I make my own with a bread machine using just over 3 cups flour per loaf. I think $5 worth of flour in a loaf of bread would make it pretty expensive bread. I tried home grinding flour for a while but found the bread did not rise as well as when I used store bought flour. You know, the kind with all the preservatives in it that can sit in the house for months without spoiling.

coshoo · Feb 28, 2020

Google Shepherd's Grain. Some wheat farmers in eastern Washington started it, I think it has spread to much of the western US now. I know the guy who started it- went back to the farm, but he was more of a management/marketing type. That kind of operation demands lots of qualities that farmers generally do not enjoy- marketing, dealing with the bureaucracy, coordinating different processes, etc.

Bret4207 · Feb 28, 2020

We have some Amish/Mennonite type supply houses nearby. You can get wheat there. I've had whole grain bread made from fresh flour. It's a whole different animal than anything you get in a store or bakery! I've looked at grinders before, just never got far enough along to spend the money.

Tom OConnor · Feb 29, 2020

Don't forget milk. I was over in Hawaii this past winter and milk is about seven dollars a gallon at Costco and ten at a normal grocery store but it's five dollars a quart at a seven-eleven type
store. It would not get me thinking about milking cows again if it was a hundred dollars a gallon.

Extreme Wheat Price

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