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Where is the Wheat Going to Come From?
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maydel
Posted 11/8/2012 16:54 (#2686134 - in reply to #2686067)
Subject: Re: Where is the Wheat Going to Come From?


Theodore, Saskatchewan
I feel it is about half priced in, the china wild card is not, Ukraine and Russia selling will be over soon, the winter wheat ratings are adding support today, and the Argentina is a big problem that no one is pricing in because they think it will all be fine if conditions improve. Remember that reports like usda are responsive by nature and not forward looking, but the numbers to watch on Friday will be the world numbers. Sat IMHO mgex has upside more so than corn and beans

Edited by maydel 11/8/2012 23:02
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