HRS Protein spreads - The Combine Forum
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post #1 of 35 (permalink) Old 09-21-2018, 08:44 PM Thread Starter
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HRS Protein spreads

Looking for feedback on protein spreads this year. Took samples to local elevator and most in the 14.7 level. They informed me that they only are paying 1 cent per tenth up to 14%, so if base grade is 13.5% only 5 cent premium and then nothing!

Everyone have high protein this year? What is your elevator paying or deducting?


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post #2 of 35 (permalink) Old 09-21-2018, 08:52 PM
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when I harvest some wheat Ill let you know.

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post #3 of 35 (permalink) Old 09-21-2018, 08:54 PM
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Ours so far has been low, 11.5-11.7. Discounted 2-3 cents per tenth below 13.5. Yippee!! Most places seem to all be similar that I have talked to. Going to hold it for awhile and shop around, see if we can maybe make a buck by buying some high protein and blend it out.

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post #4 of 35 (permalink) Old 09-21-2018, 08:56 PM
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This reminds me of what one of my pragmatic friends once said.

“Everybody’s always chasing a dollar, but when they finally catch up to it, it’s a ****ing nickel”
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post #5 of 35 (permalink) Old 09-21-2018, 09:02 PM
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All over the board here! One place actually paying more for 14 pro than 15! Guess I know where I'm hauling mine cause everything I have tested is in the high 13's and barely over 14

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post #6 of 35 (permalink) Old 09-21-2018, 09:46 PM
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The little we grew tested 13.7, elevator here figures premium or discount at 14%, doesn't seem to change any year to year that I know of. Yields were poor, test weights and protein % all over the place.
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post #7 of 35 (permalink) Old 09-21-2018, 10:31 PM
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Originally Posted by alta66 View Post
when I harvest some wheat Ill let you know.
I realize that’s not funny.
Bought a smile to me though, farmer weird humour.
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post #8 of 35 (permalink) Old 09-21-2018, 10:43 PM Thread Starter
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This reminds me of what one of my pragmatic friends once said.

“Everybody’s always chasing a dollar, but when they finally catch up to it, it’s a ****ing nickel”
.
Yeah the protein spread isn't the deciding factor in my marketing program, as there are other much larger influences. But it is an indicator of quality and perhaps even yield. I knew the thread would drift somewhere and that's fine, just good to discuss marketing IMO.

I thought about questioning the crappy basis levels but didn't want to publicly whine about the over $1 per bushel the grain companies are pocketing after exchange is removed from the equation. Oops....look what you made me do....

That being said, I heard of one elevator not far away paying $7/bushel for 1 red 13.5 today. What is top grade HRS wheat worth in your local area? Locally the price was $6.47 today which is quite a difference!

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post #9 of 35 (permalink) Old 09-21-2018, 10:48 PM
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This fall in NW ND., no protein premium or discounts. Wheat is wheat. First time I've seen that in 40 years of farming. Last few years protein discounts have been steep below 14%.
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post #10 of 35 (permalink) Old 09-21-2018, 10:52 PM
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NW NoDak. $4.93 USD. -.90 basis.

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