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Soft Red Winter Wheat
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coup
Posted 11/16/2009 08:14 (#926045 - in reply to #926025)
Subject: RE: Soft Red Winter Wheat


USA
New crop SRW at Alton, Il is $5.80. Wouldn't be selling SRW at this point in time

The SRW market is heading one direction over the next 12 months, and it isn't down. IMO a person will be able to sell SRW for $10 in that timeframe.


Intended to plant 540 acres, planted 380, planted 175 of that twice. Finished SAT, with the amount of rain don't know if it will make it or not. Have been sowing around 500 acres per year.


Best guess for this area is 30 to 40% of normal got planted and the majority is either a less than perfect stand or not emerged yet.


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